, India, we find that "gung ho entrepreneurs" (GEs), households who were already running a business before microfinance …

Entrepreneurship research is on the rise but many questions about its fundamental nature still exist. We argue that … entrepreneurship is about experimentation: the probabilities of success are low, extremely skewed and unknowable until an investment is … of organizational form surrounding innovation and influence when innovation is more likely to occur. These factors not …

failure tolerance and a sharp guillotine helps explain when and where radical innovation occurs …