. Local peer effects appear as important in explaining local clusters of entrepreneurs, and imply a local feedback-effect in …

that the connection between overconfidence and innovation is more complex than the previous literature suggests. In … innovative activity. While overoptimism leads to an innovation enhancing effect, judgmental overconfidence inhibits innovation …. Our results indicate that future research is well advised to take into account that the relationship between innovation …

We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are …

are played when and by whom.In this article, roles are attributed to different stages of innovation and organizational … development.A central theme is the relation between discontinuity, in radical innovation (exploration), and continuity, in … towards radical innovation.Parallel to this there are processes of organisational development. …

This paper constructs an equilibrium model of entrepreneurial innovation where individuals differ in their attitude … toward uncertainty.Unlike previous models of innovation, the firm-formation process is endogenous.An entrepreneur, who owns …'s willingness to work with the uncertain technology.The general equilibrium setting allows us to explore the impact of innovation on …

Immigrants are widely perceived as being highly entrepreneurial and important for economic growth and innovation. This …