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Determinants of entrepreneurship using fuzzy set methods: Europe vs. non-Europe

ABSTRACT This article uses fuzzy set qualitative methods, with Global Entrepreneurship Monitor 2014 data, to show differences in the entrepreneurial determinants between European developed countries and non-European developing countries. We first estimate baseline regression models and then develop fuzzy set qualitative comparative analysis to study the necessary and sufficient conditions of entrepreneurial activity. Results indicate that, while in Europe, the key determinants are education and technological equity; individuals in developing and nondeveloped countries tend to be, or become, entrepreneurs independently of the macroeconomic background.