market economy. This chapter examines one such example: the growing field of social entrepreneurship. Although it attracts … major interest in management studies, social entrepreneurship has received scant attention from economists. This chapter … resolves this oversight by placing the theory of social entrepreneurship on an economic foundation. It outlines the economic …

risks shape the equilibrium entrepreneurship in an occupational choice model. Differential social insurance of … entrepreneurial and labor risk is found to be statistically significant and detrimental to entrepreneurship. The crowding-out effect … of public production of private goods on entrepreneurship dominates the crowding-in effect of public production of public …

shape equilibrium entrepreneurship in an occupational choice model. Differential social insurance of entrepreneurial and … labor risk is found to be statistically significant and detrimental to entrepreneurship. The crowding-out effect of public … production of private goods on entrepreneurship dominates the crowding-in effect of public production of public goods in the OECD …