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From the twentieth century, fueled from the decline in manufacturing plus the change towards a assistance economy, industrialized market economies in later phases of economic advancement—like the United States and areas of western Europe including Germany and Sweden—have been ready to profit drastically from entrepreneurship, Acs' writings have indicated.
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Although commonly positive, the url involving entrepreneurship and bettering welfare is usually sophisticated, motivated by elements which include regional population, entrepreneurship density, and the particular field where the entrepreneurial exercise is happening, In line with reviews of your scholarly literature.
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