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 … even has a chance to compete in a market. We contend that costs and constraints on the ability to experiment alter the type …

The question of how entrepreneurship relates to income mobility is cogent given the current public debate about the … sources of income inequality and mobility in United States society. We examine how experience with entrepreneurship has … distribution over time, and to see how their mobility (or lack thereof) was affected by involvement with entrepreneurship. Our main …

"Innovation and entrepreneurship are ubiquitous today, both as fields of study and as starting points for conversations … a nuanced understanding of where innovation and entrepreneurship occur and where they matter. Answering these questions … allows for strategic public investment and the infrastructure for economic growth.The Role of Innovation and Entrepreneurship …

Entrepreneurship is thought to be a key driver of economic growth. While there are myriad forms of entrepreneurship … research provides evidence that the relationship between entrepreneurship and economic growth is driven not by overall quantity …-driven. This paper provides a survey of the growing literature on the economics of such innovation-driven entrepreneurship. We …

and its costs. This paper examines experimental choice when experiments need to persuade as well as inform. It is shown …

taxes prevent excessive entry into entrepreneurship. Optimal wealth taxes are positive but close to zero, since they …