LAUSR

The present paper addresses the effects of goods exports concentration/diversification, services exports concentration/diversification and inward FDI, which enables knowledge spillovers, on entrepreneurial activity that is business entry in a panel of 75 countries in 2004-2012. For economies at the efficiency-driven stage, entrepreneurial activity benefits from goods exports concentration, services exports diversification and inward FDI. For the economies at the innovation-driven stage, knowledge spillovers to business entry come from concentration in both goods exports and services exports. For the economies at the factor-driven stage, goods exports diversification and services exports concentration generate knowledge spillovers for the business entry.