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It is frequently argued that policymakers should target high-tech firms, i.e., firms with high R&D intensity, because such firms are considered more innovative and therefore potential fast-growers. This argument relies on the assumption that the association among high-tech status, innovativeness...
Persistent link: https://www.econbiz.de/10011211884
In this paper, we argue that evasive entrepreneurship is an important source of innovation in the economy. Institutions … evasive entrepreneurship can be both productive and unproductive/destructive, its dynamic character is more important because … evasive entrepreneurship may be able to prevent economic development from being stifled by existing institutions during times …
Persistent link: https://www.econbiz.de/10011074887