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William J. Baumol is the 2003 winner of the International Award for Entrepreneurship and Small Business Research …. Throughout his career Baumol has urged the profession to pay attention to the instrumental role of entrepreneurship in economic … analysis is extended to entrepreneurship. Hence, Baumol can be characterized as a revolutionary from within. In this article we …
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We review and evaluate some recent contributions on the modeling of entrepreneurship within a neoclassical framework … describe it. However, each modeling attempt focuses only on one specific feature of entrepreneurship. The entrepreneurial … highlight how a simplistic interpretation of the existing mainstream approaches incorporating entrepreneurship runs the risk of …
Persistent link: https://www.econbiz.de/10002570545
New Keynesian models of monetary policy assign no role to monetary aggregates, in the sense that the level of output, prices, and interest rates can be determined without knowledge of the quantity of money. We evaluate the empirical validity of this prediction by studying the effects of shocks...
Persistent link: https://www.econbiz.de/10001714614
Entrepreneurship is largely ignored or treated in a highly simplified way in endogenous growth theory. Still, it is now … creation. This study consists of an in-depth examination of how the supply of productive entrepreneurship is likely to be … institutions have systematically reduced economic incentives both for opportunity-based and necessity entrepreneurship. Both …
Persistent link: https://www.econbiz.de/10001717909
-- Corporate control ; Corporate governance ; Corporatism ; Entrepreneurship ; Ownership policy ; Ownership structure …
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