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Israel M. Kirzner is the 2006 winner of The International Award for Entrepreneurship and Small Business Research. In … this essay, we present and evaluate his main contributions to the economics of entrepreneurship. The focus is on how … crucial role of entrepreneurship and the individual entrepreneur has become visible to a much broader audience. …
Persistent link: https://www.econbiz.de/10005645371
Israel M. Kirzner is the 2006 winner of The International Award for Entrepreneurship and Small Business Research (the …” and “Kirznerian” entrepreneurs is flawed. He also argues that his understanding of the market process (set in motion by … entrepreneurial decisions) provides a theoretical underpinning for public policy vis-à-vis entrepreneurship. Professor Kirzner’s main …
Persistent link: https://www.econbiz.de/10005645376
answer such a general question. Indeed, the question is poorly phrased. The relationship between income and wealth … distribution, on one hand, and efficiency/growth, on the other, depends on how a certain distribution of income and wealth has come …
Persistent link: https://www.econbiz.de/10005486491
We use administrative data on Swedish lottery players to estimate the causal impact of wealth on players' own health … assigned. In adults, we find no evidence that wealth impacts mortality or health care utilization, with the possible exception … mortality one sixth as large the cross-sectional gradient. In our intergenerational analyses, we find that wealth increases …
Persistent link: https://www.econbiz.de/10011199855
No abstract.
Persistent link: https://www.econbiz.de/10010818334
answer such a general question. Indeed, the question is poorly phrased. The relationship between income and wealth … distribution, on one hand, and efficiency/growth, on the other, depends on how a certain distribution of income and wealth has come …
Persistent link: https://www.econbiz.de/10010699977
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 …
Persistent link: https://www.econbiz.de/10005190640
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 …
Persistent link: https://www.econbiz.de/10009399310
where adverse selection problems between entrepreneurs, venture capitalists and incumbents are present. We show that as …
Persistent link: https://www.econbiz.de/10005419514
Attention is called to a little explored scarce resource, termed 'economic competence', which combines features of human capital and bounded rationality, and causes a singularity in resource-allocation in society. The performance of each economy is shown to strongly depend on how this resource...
Persistent link: https://www.econbiz.de/10005419543