This article reviews recent empirical evidence on the economic value of entrepreneurship. It examines the relative contributions of entrepreneurs to employment generation, innovation, productivity, and growth compared to non-entrepreneurs. The study analyzes 57 high-quality studies, containing 87 relevant analyses, and concludes that entrepreneurs play a significant but specific role in the economy. They contribute to employment creation, productivity growth, and the commercialization of high-quality innovations. Entrepreneurs are also more satisfied than employees. Recent studies show that entrepreneurial firms generate long-term positive spillovers for regional employment growth. However, non-entrepreneurs also contribute significantly, as they account for a large portion of GDP, provide more stable labor markets, and produce more innovations. The study defines entrepreneurs as small, young, or new firms, while non-entrepreneurs are larger, older, or established firms. It also considers the utility derived from entrepreneurship, including income, job satisfaction, and risk. The study finds that entrepreneurs have lower wages and fewer benefits but higher job satisfaction. It also finds that entrepreneurs produce fewer innovations but higher quality ones. The study concludes that entrepreneurs and non-entrepreneurs contribute differently to economic value creation, with entrepreneurs playing a key role in innovation and productivity, while non-entrepreneurs contribute to stability and growth. The study highlights the importance of further research to understand the full economic value of entrepreneurship.This article reviews recent empirical evidence on the economic value of entrepreneurship. It examines the relative contributions of entrepreneurs to employment generation, innovation, productivity, and growth compared to non-entrepreneurs. The study analyzes 57 high-quality studies, containing 87 relevant analyses, and concludes that entrepreneurs play a significant but specific role in the economy. They contribute to employment creation, productivity growth, and the commercialization of high-quality innovations. Entrepreneurs are also more satisfied than employees. Recent studies show that entrepreneurial firms generate long-term positive spillovers for regional employment growth. However, non-entrepreneurs also contribute significantly, as they account for a large portion of GDP, provide more stable labor markets, and produce more innovations. The study defines entrepreneurs as small, young, or new firms, while non-entrepreneurs are larger, older, or established firms. It also considers the utility derived from entrepreneurship, including income, job satisfaction, and risk. The study finds that entrepreneurs have lower wages and fewer benefits but higher job satisfaction. It also finds that entrepreneurs produce fewer innovations but higher quality ones. The study concludes that entrepreneurs and non-entrepreneurs contribute differently to economic value creation, with entrepreneurs playing a key role in innovation and productivity, while non-entrepreneurs contribute to stability and growth. The study highlights the importance of further research to understand the full economic value of entrepreneurship.