Economic growth requires factor reallocation across firms and continuous replacement of technologies. Labor market institutions influence economic dynamism by their impact on the supply of a key factor, skilled workers to new and expanding firms, and the shedding of workers from declining and...

1. The Challenge -- 2. Theories of Growth, Innovation, and Entrepreneurship -- 3. Promoting Entrepreneurship and Innovation—The Institutional Framework -- 4. Policies to Stimulate Innovation and Entrepreneurship -- 5. Tax Policy to Stimulate Innovation and Entrepreneurship -- 6. Conclusions: A...

Part 1: Introductory Chapter: 1. Moonshots and the New Industrial Policy: Questioning the Mission Economy -- Part 2: Theoretical Perspectives -- 2. State and Markets: Not Whether But How -- 3. Engineering Is Not Entrepreneurship -- 4. A Behavioral Economics Perspective on the Entrepreneurial...