Political economy has been at the core of entrepreneurship research since its conception. Although the entrepreneur is frequently regarded as the key figure in the capitalist system, academic research in economics has for a long time overlooked the entrepreneur in its analyses of growth. In...

The growing recognition of the extent to which institutions determine economic outcomes has been one of the key developments in economic research and policy analysis in the last two decades. At the same time, the entrepreneur has made a comeback, resurrected as one of the prime value creators in...