Entrepreneurship plays an increasingly prominent role in both academic and policy circles. It is regarded as the driving force behind structural change that links investments in knowledge with economic growth. The increased role of new and small enterprises has led to an increase in...

These days, plenty of cognoscenti in academia and politics share the common concern that the build-up of global macroeconomic imbalances threatens the international economy. While there is broad disagreement on the essence of what an imbalance exactly is, the term is generally associated with...