By serving as a conduit for knowledge spillovers, entrepreneurship is the missing link between investments in new … knowledge and economic growth. The knowledge spillover theory of entrepreneurship provides not just an explanation of why … entrepreneurship has become more prevalent as the factor of knowledge has emerged as a crucial source for comparative advantage, but …

This paper explores the institutional factors that encourage opportunity entrepreneurship in order to achieve higher … productive behavior such as entrepreneurial activity. Thus, opportunity entrepreneurship is identified as one such mechanism that …-2012), we find that informal institutions have a higher impact on opportunity entrepreneurship than formal institutions …

entrepreneurship - with the chapters providing a compelling link between the two. The editors seek to introduce and contextualize some …Edward P. Lazear (2004), 'Balanced Skills and Entrepreneurship', American Economic Review, Papers and Proceedings, 94 …. Baumol (1968), 'Entrepreneurship in Economic Theory', American Economic Review, Papers and Proceedings, LVIII (2), May, 64 …