Taxation theory rarely takes entrepreneurship into consideration. We discuss how this omission affects conclusions … entrepreneurship often omitted by standard capital taxation theory are incorporated into the analysis. This includes the lack of a well …. When unique attributes of entrepreneurship are taken into account, some major conclusions of capital taxation models no …

destructive entrepreneurship. Baumol’s classificatory scheme is built around a limited concept of first-best outcomes and … therefore easily fails to appreciate the true impact of entrepreneurship in real world circumstances characterized by suboptimal … institutions. We present an alternative way of generalizing the notion of entrepreneurship and show how and why it encompasses the …

policies, taxation and the regulation of labor markets. Institutions have far-reaching effects on entrepreneurship, and they … entrepreneurship to the institutional setup it is maintained that in-depth analyses of specific institutions are required in order to … further our understanding of the determinants of entrepreneurial behavior and the economic effects of entrepreneurship. The …

supply into productive, unproductive or destructive activities. However, entrepreneurship is not only influenced by … institutions is examined in this paper. Entrepreneurs affect institutions in at least three ways. Entrepreneurship abiding by … entrepreneurship. As business entrepreneurship, innovative political activity may be productive or unproductive, depending on the …

Public policy affects the prevalence and performance of both productive and high-impact entrepreneurship. High …-impact entrepreneurship prospers when knowledge is successfully generated and exploited in the economy. This process depends on complementary …-impact entrepreneurship. …

classify the budding research field that explores the interplay between institutions and entrepreneurship. Institutions channel … development of nations. What’s more, entrepreneurship is not only influenced by institutions—entrepreneurs often shape … institutions themselves. Entrepreneurship abiding by existing institutions is occasionally disruptive enough to challenge the …

Public policy is currently shifting from SME policy towards entrepreneurship policy, which supports entrepreneurship … public policy affects the prevalence and performance of both productive entrepreneurship and so-called high …-impact entrepreneurship in turn. Although varying contexts and economic systems make prescribing a general panacea impossible, a number of …