: the entrepreneurship rate and the fraction of small firms fall with per capita income across countries, while average firm …'s potential payoffs in working and in entrepreneurship. If some firms consistently benefit more from technological progress than …

where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that … affect the steepness of the lifetime consumption profile. As a consequence, the occupational choice of entrepreneurship …

1974. In 1973, Israel Kirzner published his classic book, Competition and Entrepreneurship, which outlined an …, however, entrepreneurial studies began about the same time as the Austrian revival. The beginnings of the entrepreneurship … sides of entrepreneurship / Ulrich Witt -- The business firm as a hybrid hayekian order : what is the role of the …