until fairly recently entrepreneurship was not considered worthy of serious economic study. Today, progress has been made to … integrate entrepreneurship into macroeconomics, but until now the entrepreneur has been almost completely excluded from … microeconomics and standard theoretical models of the firm. The Microtheory of Innovative Entrepreneurship provides the framework for …

Can educational institutions explain occupational choice between wage employment and entrepreneurship? This paper … is more likely to enter into entrepreneurship. In the theoretical model proposed, abilities are an outcome of talent and …