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Many governments promote small businesses for the dual reasons of fostering ‘breakthrough' innovations and employment growth. In this paper we study the effects of tax and subsidy policies on entrepreneurs' choice of riskiness of an innovation project and on their mode of commercializing the...
Persistent link: https://www.econbiz.de/10013091094
. These objections are especially regrettable given the importance of the book's main message: Creative entrepreneurship is …
Persistent link: https://www.econbiz.de/10010335638
to promote entrepreneurship, innovation and growth. …
Persistent link: https://www.econbiz.de/10011917026
. Innovative entrepreneurship is a complex activity that normally requires support structures and collaboration by actors providing …
Persistent link: https://www.econbiz.de/10011917044
and finance"- approach to entrepreneurship. We argue that more fundamental reforms are required to improve the … investigating how the interplay of institutions and productive entrepreneurship results in economic growth. …
Persistent link: https://www.econbiz.de/10011917079
innovation bloc into their study of spontaneous market order. We demonstrate how successful entrepreneurship depends on an …
Persistent link: https://www.econbiz.de/10011917098
One response to uncertainty and transactions costs in VC-finance is to compensate founders (and other key personnel) with stock options under complex contracts. Entrepreneurs are granted stock options contingent on firm performance, vesting and other criteria. While most countries tax stock...
Persistent link: https://www.econbiz.de/10011442493
We demonstrate how successful entrepreneurship depends on a collaborative innovation bloc (CIB), a system of innovation …
Persistent link: https://www.econbiz.de/10012615413
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 … markets, and (vi) human capital for entrepreneurship. The reforms would likely strengthen Europe's innovation capacity at a …
Persistent link: https://www.econbiz.de/10012615452
contributions in entrepreneurship economics and point to areas for future research. Baumol contributed an impressive number of … important insights, increasing our understanding of entrepreneurship from both a macro and a micro perspective. He also devoted …, unproductive, and destructive entrepreneurship and his associated idea that the institutional framework, "the rules of the game …
Persistent link: https://www.econbiz.de/10012703455