entrepreneurs and how these actions depend upon the prevailing institutions. While institutions have extensively been examined for … their influences upon the freedoms and the incentives of entrepreneurs, and thereby upon the level of employment of … resources, this paper examines their influences upon the selection of entrepreneurs, and thereby upon the efficiency of that …

entrepreneurs with respect to commercialization as well as the rate of innovation. We find that stronger intellectual property … protection makes it more likely that entrepreneurs will commercialize by cooperating with incumbents rather than competing with …

where adverse selection problems between entrepreneurs, venture capitalists and incumbents are present. We show that as …

Most previous studies have found evidence at the aggregate level that female entrepreneurs underperform relative to … sample of 4200 entrepreneurs (405 females) with 1 to 20 employees in all sectors of the economy. Our study confirms the … results of several previous studies that female entrepreneurs tend to underperform relative to men when the data is examined …

destructive entrepreneurship. Baumol’s classificatory scheme is built around a limited concept of first-best outcomes and … therefore easily fails to appreciate the true impact of entrepreneurship in real world circumstances characterized by suboptimal … institutions. We present an alternative way of generalizing the notion of entrepreneurship and show how and why it encompasses the …