In this paper we study the mechanics of ``leading by example'' in teams. Leadership is beneficial for the entire team … when agents are conformists, i.e., dislike effort differentials. We also show how leadership can arise endogenously and …

through continual work and study. The best leaders are continually working and studying to improve their leadership skills. …

This paper explores leadership within organizations. Leadership is distinct from authority because following a leader …

are taken into account. The paper proposes a theory of innovation and market structure, showing that the relation between … innovation and competition depends on horizontal spillovers, vertical spillovers, and cooperative settings. The private …

. Uniting Schumpeter's concern for innovation with Keynes' concern for uncertainty and expectations formation, this article … focuses on the behaviour of entrepreneurs confronting uncertainty caused by innovation. Entrepreneurs' behaviour is … opened up by a successful innovation generates a state of optimism in the minds of single entrepreneurs, which eventually …