Comparative Entrepreneurship

Entrepreneurship is identified as the major force of economic growth and development. In fact, entrepreneurship is not only a business action but also a factor of production as distinguished by J. S. MillMill, J.S. \i. Entrepreneurship assumes the organizer role as it organizes all other factors of production; referred to as dormant factors of production by some scholars. Therefore, effectiveness of entrepreneurship unquestionably determines wealth of nations. Countries accumulated wealth during the past decades through the market showcase their strength of national entrepreneurship. The World BankThe World Bank classifies countries into different income groups and the top tier group enjoys extremely high per capita income compared to the bottom tier group. The Fortune 500Fortune 500 magazine (2022) reports that the top 10 corporates contribute to one twentieth (or 5%) of the world GDP. The Global Entrepreneurship IndexGlobal Entrepreneurship Index (2019) establishes strong correlation between per capita income differentials and the entrepreneurship capacity differentials of countries.