We review Baumol's typology of productive, unproductive and destructive entrepreneurship. We argue that the typology is … the thesis that entrepreneurship has become less productive, due to the unintended effects of entrepreneurship policies … adopted widely in Western economies. These have straight-jacketed, distracted and zombified entrepreneurship. Removing these …

This paper analyses the learning curve in the emergence and development of an entrepreneurship policy in the European … two sub stages. During the initial period, labelled (a) latent EU entrepreneurship policy, there were hardly any specific … entrepreneurship policy initiatives and only some general enterprisefostering policies at the EU level which included, tangentially …

Total factor productivity of twenty OECD countries for a recent period (1971-2002) is explained using six different … models based on the established literature. Traditionally, entrepreneurship is not dealt with in these models. In the present … paper it is shown that – when this variable is added - in all models there is a significant influence of entrepreneurship …

R&D investment that fails to lead directly to technological innovation of technology-based start-ups. This paper … analyzes the factors that influence technological innovation in Korean technology-based start-ups based on the resource … technology-based start-ups in Korea. The analysis results statistically confirm the effects of technological capabilities and …

We explore empirically the relationship between economic growth, factor inputs, institutions, and entrepreneurship. In … particular, we investigate whether entrepreneurship and institutions, either independently or in combination in an ecosystem …, represent the “missing link” in explaining cross country differences in productivity. To do this, we introduce a new concept …

Endogenous growth theory assigns an important role for entrepreneurship in the process of economic development. This … paper sets to formally test the impact of entrepreneurship on economic growth. Entrepreneurship is represented by a number … of proxy variables, whereas Total Factor Productivity is used as a measure of economic growth. Panel data of 26 European …

facilitate their entry into entrepreneurship or the growth of their small ventures. These are typically subsistence businesses … entrepreneurship. In recent decades, efforts have increased to provide the world's poorest with financing and other assistance to …

Entrepreneurship, as reflected in the start-up of new firms, the growth and market exit of existing firms, and the ow … that there is a strong possibility that the unintended damage to entrepreneurship, innovation and growth could be …