We refine modelling of the radical innovation decision in this paper by extending real option theory to include non … stochastic shocks imply that investment in radical innovation may very often be too time consuming and/or expensive to remain …

entrepreneurship. Given the relative neglect of entrepreneurship by development scholars it deals with (i) recent theoretical insights … from the intersection of entrepreneurship and development studies; (ii) the empirical evidence on the relationship between … entrepreneurship and development; and (iii) fresh insights for entrepreneurship policy for development that emerges from recent …

We extend Lazear's theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical … that being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates …, but also commercial value. Our findings support the notion that entrepreneurship can be learned. …

survival, but lag behind regular business founders in terms of income, business growth and innovation. Moreover, we show that …

We study the effect of entrepreneurship and its allocation between necessity and opportunity entrepreneurship on three … that opportunity entrepreneurship may contribute towards national wellbeing and that better wellbeing in turn may stimulate … opportunity entrepreneurship. Hence, entrepreneurship may contribute towards countries' wellbeing in a broad sense, and countries …

imposes a 'tax' on entrepreneurship by channelling entrepreneurial talent into lobbying and bribery; by reinforcing male and …

understanding of rural non-farm entrepreneurship, particularly with regard to the role of young adults in this sector. This paper …