Aeeni, Zeynab; Motavaseli, Mahmoud; Sakhdari, Kamal; … - In: Journal of Entrepreneurship in Emerging Economies 11 (2019) 3, pp. 416-435
Purpose: The underlying assumptions of Baumol’s theory of entrepreneurial allocation limits its potential to answer some key questions related to the entrepreneurship allocation. Hence, this paper aims to highlight the inherent limits of Baumol’s theory and suggest a new approach for...