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markets, and (vi) human capital for entrepreneurship. The reforms would likely strengthen Europe’s innovation capacity at a … effort requires extensive and broad-based institutional reforms aimed at strengthening the incentives for entrepreneurship …. Innovative entrepreneurship requires collaborations with numerous agents that provide those skills and resources that the …
Persistent link: https://www.econbiz.de/10013236458
Israel M. Kirzner is the 2006 winner of The International Award for Entrepreneurship and Small Business Research (the … motion by entrepreneurial decisions) provides a theoretical underpinning for public policy vis-a-vis entrepreneurship …. Professor Kirzner's main contributions to the economics of entrepreneurship were also presented and evaluated by Douhan …
Persistent link: https://www.econbiz.de/10012706037
stages of invention, innovation (commercialization) and imitation. Following this theory, invention and innovation require … different skills. This paper tests whether the invention and innovation stages should be undertaken by different agents. We also … show why there is a rationale for the Schumpeterian entrepreneur to also include the inventor in the innovation process …
Persistent link: https://www.econbiz.de/10012825157
industrial dynamics, articulates the role and function of entrepreneurial experimentation in innovation systems. This paper … develops the concept of ‘entrepreneurial systems of innovation' to address this gap in the literature. We argue that … entrepreneurial experimentation comprises both ‘technical' and ‘market' experimentation, and that entrepreneurship must be …
Persistent link: https://www.econbiz.de/10012824239
destructive entrepreneurship. Baumol's classificatory scheme is built around a limited concept of first-best outcomes and … therefore easily fails to appreciate the true impact of entrepreneurship in real world circumstances characterized by suboptimal … institutions. We present an alternative way of generalizing the notion of entrepreneurship and show how and why it encompasses the …
Persistent link: https://www.econbiz.de/10014214391
(Princeton University Press, 2013) as inspiration to discuss innovation and entrepreneurship. The book is laudable for its … regrettable given the importance of the book´s main message: Innovation and creative entrepreneurship are not merely the keys to …, including the link between innovation and entrepreneurship, the role of institutions for entrepreneurship, and the tendency of …
Persistent link: https://www.econbiz.de/10014150224
We study the effect of taxation on entrepreneurship, taking into account both the amount of entry and the quality of …
Persistent link: https://www.econbiz.de/10013154583
Entrepreneurship plays a pivotal role for institutional change and economic development in transition and developing …, entrepreneurship can often affect institutions and contribute to their evolution. We highlight three entrepreneurial responses to the …
Persistent link: https://www.econbiz.de/10012844945
The interplay between entrepreneurship and institutions is crucial for economic development; however, the view that … causality is bidirectional, in that entrepreneurship is also, for better or for worse, one of the main drivers of institutional …, actively try to alter them, or evade them. Particular attention is given to evasive entrepreneurship, an entrepreneurial …
Persistent link: https://www.econbiz.de/10012962856
We argue that evasive entrepreneurship is an important, although underrated, source of innovation, and provide the … first systematic definition of the concept. We for-mulate four propositions of evasive entrepreneurship and illustrate them … rides-for-hire startups in the modern sharing economy. We demonstrate that while evasive entrepreneurship can either be …
Persistent link: https://www.econbiz.de/10012904667