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(Phelps <CitationRef CitationID="CR67">2013</CitationRef>) as inspiration to discuss innovation and entrepreneurship. The book … achieved through a purposeless quest for wealth and material consumption, but rather through adventure, entrepreneurship, and … entrepreneurship are not merely the keys to economic growth, but to life satisfaction as well. This essay discusses topics in …
Persistent link: https://www.econbiz.de/10010988531
Based on a large, representative German household panel, we investigate to what extent the personality of individuals influences the entry decision into and the exit decision from self-employment. We reveal that some traits, such as openness to experience, extraversion, and risk tolerance affect...
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development (R&D) and generate new knowledge. This new knowledge has a positive effect on entrepreneurship, innovation, and growth …. However, after some point, further strengthening of patent protection will reduce the returns to entrepreneurship sufficiently …
Persistent link: https://www.econbiz.de/10010865397
We present a model that separates entrepreneurship from profit-motivated corporate R&D aimed at improving existing … production processes. Our model embeds the core idea of the knowledge spillover theory of entrepreneurship in established …
Persistent link: https://www.econbiz.de/10010865515
Israel M. Kirzner is the 2006 winner of The International Award for Entrepreneurship and Small Business Research. In … this essay, we present and evaluate his main contributions to the economics of entrepreneurship. The focus is on how … crucial role of entrepreneurship and the individual entrepreneur has become visible to a much broader audience. Copyright …
Persistent link: https://www.econbiz.de/10005547659
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entrepreneurship research and the philosophy and economics of science. The model is built on three relatively standard assumptions and … opportunity driven entrepreneurship is an important source of innovation, that entrepreneurial opportunities increasingly arise … generate constant growth rates in the steady state, entrepreneurship research keeps the origin of entrepreneurial opportunity …
Persistent link: https://www.econbiz.de/10005722754