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            "title": "Entrepreneurship, developing countries, and development economics: new approaches and insights",
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            "abstractNote": "Abstract  This paper provides an introduction to this special issue of Small Business Economics dealing with the (long-postponed) integration of entrepreneurship into the discipline of development economics and casting\na formal light on the role of entrepreneurship in developing countries. The paper departs from the premise that with more\nthan a billion people living in absolute poverty, it is of great practical importance to understand if and when entrepreneurship\nis a binding constraint on economic development and catching up in developing countries. This in turn requires at least a\ndeeper theoretical modeling of the entrepreneur in development economics. This special edition contains a number of contributions\nemanating from the UNU-WIDER project on Promoting Entrepreneurial Capacity, which integrates the disciplines of entrepreneurship and development economics. These contributions model and explore the\nrole of the entrepreneur in key areas of concern for development economics, such as structural change and economic growth,\nincome and wealth inequalities, welfare, poverty traps, and market failures. This introduction discusses and contextualizes\nthese various contributions and their implications for further theoretical and empirical work.",
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            "abstractNote": "Although cross-cultural research in the field of entrepreneurship is still in its infancy as a research stream, it offers important inferences for both theory and practice. Some have criticized the relative immaturity of previous survey-based studies’ methodology. In order to address this flaw, we analyze existing survey-based studies in the field of cross-cultural entrepreneurship to identify research gaps in content and methodology and then derive the most appropriate analytical approach to fill the gaps for this type of research. Finally, we present a practical framework in which to conduct sound and prudent future studies, integrating the most appropriate analytical approach, general methodological insights, and the particularities of entrepreneurship research in a cross-cultural setting. [ABSTRACT FROM AUTHOR]",
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            "abstractNote": "Abstract  Policy makers often think that creating more start-up companies will transform depressed economic regions, generate innovation,\nand create jobs. This belief is flawed because the typical start-up is not innovative, creates few jobs, and generates little\nwealth. Getting economic growth and jobs creation from entrepreneurs is not a numbers game. It is about encouraging the formation\nof high quality, high growth companies. Policy makers should stop subsidizing the formation of the typical start-up and focus\non the subset of businesses with growth potential. While government officials will not be able to “pick winners,” they can\nidentify start-ups with a low probability of generating jobs and enhancing economic growth. By eliminating incentives to create\nthese low probability companies, policy makers can improve the average performance of new businesses.",
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