This volume is devoted to innovation with a special focus on its two sides, namely creation and destruction, and on its role in the evolution of capitalist economies. The first part of the book looks at innovation and its effects on economic performance, addressing issues of motives, behavioral...

This brief captures the contextual features of entrepreneurship by measuring entrepreneurial attitudes, abilities, and aspirations at both the individual- and country-level. Featuring data from the 2016 Global Entrepreneurship and Development Index (GEDI), which measures the quality and scale of...

The book illustrates the considerable advances in modern evolutionary economics and addresses core questions of economic behaviour, interaction of heterogeneous actors in uncertain environments and the possibility of aggregating observations on a macro-economic level. It presents the foundations...

Chapter 1 Introduction -- Chapter 2 National Systems of Entrepreneurship -- Chapter 3 Institutions, Incentives, and Entrepreneurship -- Chapter 4 The Global Entrepreneurship and Development Index -- Chapter 5 Methodology and Data Description -- Appendices.

Recent developments in economics have gone from the recognition of the importance of innovation for growth and the exploration of innovation mechanisms to the incorporation of the results of the previous research into economic models. An important lesson to be drawn from all this research is...