Sounds like the whole discussion is kind of blurred by the definition of what a start-up is. IMO the article misrepresents the cited study[1], which doesn't ta

Sounds like the whole discussion is kind of blurred by the definition of what a start-up is. IMO the article misrepresents the cited study[1], which doesn't talk about "start-ups". It could just as well be represented as: in weak state countries lacking a stable operating environment for large businesses, companies are short-lived and the only option for many people is self-employment. Also, the size of state sector vs private sector just tells you how the activity in the country is organised: you can have public healthcare or private healthcare, and of course the private healthcare means more private sector activity. It doesn't mean that the private sector healthcare is a better outcome. [1] PDF link: https://www.aeaweb.org/aea/2011conference/program/retrieve.php?pdfid=347 https://www.aeaweb.org/aea/2011conference/program/retrieve.p...