Abstract:Entrepreneurship has become vital for national growth. Therefore, it is essential to explore the factors that enhance entrepreneurial transformation. The literature identifies two main driving forces behind entrepreneurship: necessity and opportunity, which react differently to the socio-economic factors. This study explores the socio-economic determinants of necessity-based entrepreneurship and opportunity-based entrepreneurship. Here the yearly data of 108 countries from 2009 to 2017 is used to formulate a p… Show more
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