but as the increasing size of the economy “bubbles” in the
graph suggest, the correlation with wealth (GDP per capita) is
even higher.11
This inverse correlation between EEA and early-stage entrepreneurial
activity is likely the result of virtual cycles of reinforcement;
as economic development encourages the growth and development
of multi-employee corporation employers, more opportunities
arise for individuals employed by them to be entrepreneurial
employees, if the corporate culture permits. Similarly, if a larger
percentage of the workforce in a country becomes employees
of these corporations, the legal and regulatory system of the
respective country is likely to respond to their needs at the
expense of the self-employed