We examine the origins and outcome of entrepreneurship on the basis of exceptionally comprehensive Norwegian matched … worker-firm-owner data. In contrast to most existing studies, our notion of entrepreneurship not only comprises self …-employment, but also employment in partly self-owned limited liability firms. Based on this extended entrepreneurship concept, we find …

Since the early 1980s, the role and general perception of entrepreneurship and start-up activities has changed … public goods characteristic but it is also uncertain. With that perspective, the role of entrepreneurship is to take on the … over to the start-up firm and therefore entrepreneurship can be expected to have a positive impact on economic performance …

. According to the theory of selection and passive learning (Jovanovic, 1982), while there is a lot to be learned about the … of learning gained from entrepreneurship - both passive learning about the underlying endowment of entrepreneurial skills …While a large literature has emerged focusing on nascent entrepreneurship, the propensity for ex-entrepreneurs to …

entrepreneurship literature is that opportunities are exogenous, the most prevalent theory of innovation in the economics literature … opportunity by developing a knowledge spillover theory of entrepreneurship. The basic argument is that knowledge created …Contemporary theories of entrepreneurship generally focus on the decision-making context of the individual. The …

We develop a theory of innovation for entry and sale into oligopoly, and show that an invention of higher quality is …