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 …

attempt to attract immigrant entrepreneurs. Not surprisingly, a large body of research on immigrant entrepreneurship has … immigrant entrepreneurs’ contributions to the economy, entrepreneurship differences across groups and group differences in …Immigrants are widely perceived as being highly entrepreneurial and important for economic growth and innovation. This …

We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … lower than the social planner’s benchmark, which suggests a role for patent policy. We focus on a “non-infringing inventive … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …

own innovation. The analysis predicts that the willingness to enforce IPR is U-shaped in a country GDP: small … enforcement of IPR yields a higher level of innovation and global welfare only if the developing country does not innovate. A …

Recent empirical studies suggest a need for a flexible patent regime responding to industry characteristics. In … practice, sector-specific modifications of patent strength already exist but lack theoretical foundation. This paper intends to … make up for this neglect by scrutinizing in what direction industry characteristics influence optimal patent strength. It …

-up decision and can explain the gender gap in entrepreneurship. Applying a decomposition analysis, we observe that the higher risk …Why do entrepreneurship rates differ so markedly by gender? Using data from a large, representative German household …

Indian immigrants in the United States and other wealthy countries are successful in entrepreneurship. Using Census … Kingdom and Canada -- we examine the performance of Indian entrepreneurs and explanations for their success. We find that … business income of Indian entrepreneurs in the United States is substantially higher than the national average and is higher …

spin out. This is shown to predict the association of co-ethnic networks with high rates of entrepreneurship and the …

measure of entrepreneurship derived from matching files from the Current Population Survey (CPS) is used to provide the first …. Estimates indicate that hi-tech entrepreneurship rates were lower in Silicon Valley than the rest of the United States during … the period from January 1996 to February 2000. Examining the post-boom period, we find that entrepreneurship rates in …

We study the link between homeownership, mortgage debt, and entrepreneurship using a model of occupational choice and … rate of interest on liquid wealth: (i) mortgage debt, by amplifying risk aversion, diminishes the likelihood that … homeowners start a business; and (ii) the negative relation between mortgage debt and entrepreneurship is more pronounced when …