-driven. This paper provides a survey of the growing literature on the economics of such innovation-driven entrepreneurship. We … begin by distinguishing between the various forms of entrepreneurship, which are often confounded in both theory and …Entrepreneurship is thought to be a key driver of economic growth. While there are myriad forms of entrepreneurship …

How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that … threat spurs innovation incentives in sectors close to the technological frontier--successful innovation allows incumbents to … prevent entry. In laggard sectors it discourages innovation--increased entry threat reduces incumbents' expected rents from …

soliciting the current client in the event of termination of employment. The socially optimal level of entrepreneurship will … are too restrictive and produce too little entrepreneurship, and governments can increase welfare by limiting enforcement …

Research on entrepreneurship often examines the local dimensions of new business formation. The local environment … dedicated to the geography of entrepreneurship. The paper frames the core questions facing researchers interested in assessing … the local causes and consequences of entrepreneurship, perturbs a core urban model to incorporate entrepreneurship, and …

entrepreneurship which identifies survival with performance. Instead, many entrepreneurs aim for a cash-out (IPO or acquisition …), especially in innovation based industries. Striving for a cash-out makes mistakes more likely and increases the probability of …

aversion, higher initial assets, preferences for entrepreneurship over employment, and optimistic beliefs about the payoffs …

a start-up, or the inventor's effort cost in development is lower in a start-up. We test the theory using data from the … with the predictions of our theory …