of highly valued products. In so doing, we suggest an innovation policy framework based on two pillars: (i) the … for growth. To secure industrial dynamics and growth in the long term, institutions must be designed both to encourage … economy. We argue that the latter area has been overlooked in the policy discussion and that a coherent innovation policy …

In this paper, we argue that evasive entrepreneurship is an important source of innovation in the economy. Institutions … entrepreneur may earn large rents by circumventing institutional impediments. Paradoxically, institutions may be less of a … evasive entrepreneurship may be able to prevent economic development from being stifled by existing institutions during times …

strong performance in technological innovation. …

, including the link between innovation and entrepreneurship, the role of institutions for entrepreneurship, and the tendency of …This essay uses Edmund Phelps new book Mass Flourishing: How Grassroots Innovation Created Jobs,Challenge, and Change … (Princeton University Press, 2013) as inspiration to discuss innovation and entrepreneurship. The book is laudable for its …

classify the budding research field that explores the interplay between institutions and entrepreneurship. Institutions channel … development of nations. What’s more, entrepreneurship is not only influenced by institutions—entrepreneurs often shape … institutions themselves. Entrepreneurship abiding by existing institutions is occasionally disruptive enough to challenge the …

deemed to be of particular importance for entrepreneurship, innovation-based firm growth and its ensuing impact on the …, who are renowned specialists in the area and with deep knowledge of the pertinent institutions in Sweden and the US. These …

Previous research, notably Baumol (1990), has highlighted the role of insti-tutions in channeling entrepreneurial … institutions—entrepreneurs often help shape institutions themselves. The bilateral causal relation between entrepreneurs and … institutions is examined in this paper. Entrepreneurs affect institutions in at least three ways. Entrepreneurship abiding by …