“…Although entrepreneurship has been associated with technological change (Schumpeter, 1934), economic growth (Wennekers & Thurik, 1999), and employment growth (Coad et al, 2014), the transformational mechanisms behind these outcomes are unclear -even as policymakers encourage entrepreneurship as a way to transform society (Spinosa et al, 1999). typically occurs in situations that prompt state regulatory interventions, such as when entrepreneurs operate at the boundary of the formal and informal economy, engage in contentious activities, find ways to develop activities that escape taxation, or directly challenge state-sponsored monopolies (Hiatt & Sine, 2014;Monin & Croidieu, 2012).…”