Entrepreneurship is largely ignored or treated in a highly simplified way in endogenous growth theory. Still, it is now … creation. In this study we provide an in-depth examination of how the supply of productive entrepreneurship is likely to be … intrapreneurship can substitute for entrepreneurship. However, in an environment where entry, exit and turnover of firms are important …

Israel M. Kirzner is the 2006 winner of The International Award for Entrepreneurship and Small Business Research. In … this essay, we present and evaluate his main contributions to the economics of entrepreneurship. The focus is on how … crucial role of entrepreneurship and the individual entrepreneur has become visible to a much broader audience. …

William J. Baumol is the 2003 winner of the International Award for Entrepreneurship and Small Business Research …. Throughout his career Baumol has urged the profession to pay attention to the instrumental role of entrepreneurship in economic … analysis is extended to entrepreneurship. Hence, Baumol can be characterized as a revolutionary from within. In this article we …