Immigrant entrepreneurs play an important role in the U.S. high-tech sector and may advance the country’s collaborative advantage through internationalization and globalization of start-ups. This study explores whether immigrant founding of U.S. high-tech firms, conditional on survival and...

This paper is motivated by the movement of foreign-born entrepreneurs out of ethnic enclaves and into the mainstream, globally-connected economies of the countries of immigration, and from necessity to opportunity entrepreneurship. We contribute to the emerging literature on immigration and...

This paper relies on interviews and documentary evidence to describe federal RD&D policy for SO2 and NOx emissions controls for coal-fired power plants from 1970 to 2000 and to assess its impact on technology development. The narrative begins by describing the RD&D program of the EPA in the...

This study introduces a novel multidimensional measure of the entrepreneurial environment that reveals how differences in institutional arrangements influence both the rate and the type of entrepreneurial activity in a country. Drawing from institutional theory, the measure examines the...

While the importance and the popularity of indices able to capture complex categories and the multidimensional nature of a particular phenomenon have been increasing, most approaches are still not able to provide plausible policy recommendations. The Penalty for Bottleneck (PFB) methodology is...

The knowledge spillover theory of entrepreneurship predicts that entrepreneurial activity is greater in regions with more knowledge conditional on the commercialization efficiency of incumbents, which limits entrepreneurial discovery. We extend the theory to contend that localized competition...

This paper challenges the key assumption in "idea based growth models" that innovation rents ultimately reward the creation of knowledge. In modern capitalist economies the agents that commercialize new ideas, the entrepreneurs, receive the bulk of the innovation rents and are generally the...