... Entrepreneurship and location (ruralÀurban) Geographical location appears to be crucial in explaining entrepreneurship development. Empirical pieces of evidence show that higher competition, increase in population resulting higher population density, higher demand for goods and services, etc., result in higher entrepreneurship opportunities (Sorenson and Audia 2000; Reynolds et al. 2002; Shane 2003; Sternberg 2009). Studies found that the growth of entrepreneurship in the urban areas is much higher than that of rural areas (Shane 2003; Glaeser, Rosenthal, and Strange 2010). ...

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