-rational modes underlie both the erratic perturbations of entrepreneurship and the systematic waves of diffusion they initiate which … possible by financial intermediation. They imply asymmetric changes in individual welfare. The markets for entrepreneurship …

Taxation theory rarely takes entrepreneurship into consideration. We discuss how this omission affects conclusions … entrepreneurship often omitted by standard capital taxation theory are incorporated into the analysis. This includes the lack of a well …. When unique attributes of entrepreneurship are taken into account, some major conclusions of capital taxation models no …

Can educational institutions explain occupational choice between wage employment and entrepreneurship? This paper … is more likely to enter into entrepreneurship. In the theoretical model proposed, abilities are an outcome of talent and … educational institutions. Institutions, in turn, differ with respect to mandatory time in school and the scope of the curriculum …

Existing studies of entrepreneurship focus on entrepreneurs whose individual contribution to wealth creation is …

I investigate the effect of human capital on entrepreneurship using the National Longitudinal Survey of Youth - 1979. I …. Furthermore I present evidence suggesting that intelligence and self-confidence affect business ownership through two different … channels: intelligence increases business survival while self-confidence increases business creation. Finally, once we control …

entrepreneurship. As business entrepreneurship, innovative political activity may be productive or unproductive, depending on the … supply into productive, unproductive or destructive activities. However, entrepreneurship is not only influenced by … institutions is examined in this paper. Entrepreneurs affect institutions in at least three ways. Entrepreneurship abiding by …