Entrepreneurial dynamics and government policies to boost entrepreneurship performance

This paper aims to illustrate the entrepreneurial performance of economies taking into account the variables present in the entrepreneurial framework conditions. The methodology used in the research is exploratory, descriptive and quantitative. We used a process that combines Factorial Analysis with Cluster Analysis. Considering the entrepreneurial framework variables conditions, our results indicate that there are four groups in economies: 1) Moderate Entrepreneurial Performance; 2) Emerging Entrepreneurial Performance; 3) High-Income Economies; and 4) Advanced Entrepreneurial Economies. Our research also denotes where economies need to develop new policies to improve their entrepreneurial performance and competitiveness. This research brings new contributions to science and existing literature as it helps to understand and clarify the entrepreneurial performance of economies relative to entrepreneurial framework conditions. •We group 54 economies into 4 new types of economies.•Economies need to develop new policies to improve their competitiveness.•Understand the entrepreneurial performance of economies.