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Entrepreneurship has been associated with three categories of factors: (1) macroeconomic factors, such as unemployment and income; (2) factors related to government institutions, such as corruption and political stability; and (3) competitiveness-related factors, such as the capacity for innovati...


Statistical tests on a panel of data from 54 countries over the 2004–2009 period support the proposition that high income inequality and entrepreneurial activity share a positive linear relationship. In a novel approach, the dependent variable is defined from two independent and uncorrelated pers...


Venezuela’s political institutions have mutated from a subsidised coalition that almost privatised the oil industry to a populist nationalism that is polarising society to the brink of civil war. In this paper, I examine chavismo in Venezuela as a new and unusual revelatory phenomenon and the mos...


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