The purpose of this paper is to suggest that a fundamental shift in Europe, along with the other OECD countries, is taking place. This shift is from the managed economy to the entrepreneurial economy. While politicians and policy makers have made a plea for guidance in the era of...

This article discusses the Lisbon Agenda from the perspective of entrepreneurship policy. After a brief overview of the events leading up to the development of the Lisbon Agenda, the authors describe the goals and content of this policy framework as well as of the Structural Funds. Using...

Scholars examining the effect of knowledge spillovers on R&D and innovation all agree on one thing-there is a strong relationship between the firm's R&D effort and knowledge spillover. The sign of this relationship depends, however, on many things, such as the type of spillovers (horizontal,...

The purpose of this paper is to explore the relationship between an entrepreneur's experience and education and his/her reliance on alternative sources of knowledge for exploring new business opportunities. The extant literature that is at the crossroads between sources of knowledge and the...