Entrepreneurship and Economic Development: The Problem Revisited

Iam grateful to Alice Amsden, Martin Bronfenbrenner, Christopher Clague, David Felix, Joseph Reid, Kazuo Sato, and referees of this Journal for insightful comments on an earlier draft of this paper. I also thank the Faculty Research Program of the Columbia Business Schoolfor financial support, andjohn Millarfor able research assistance. I bear sole responsibility for any deficiencies in the paper.

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