until fairly recently entrepreneurship was not considered worthy of serious economic study. Today, progress has been made to … integrate entrepreneurship into macroeconomics, but until now the entrepreneur has been almost completely excluded from … microeconomics and standard theoretical models of the firm. The Microtheory of Innovative Entrepreneurship provides the framework for …

Formal institutions, e.g., regulations, are considered crucial determinants of entrepreneurship, but what enables … regulatory change when there is a regulatory void, meaning entrepreneurship clashes with existing regulations? Drawing on public … of entrepreneurship. …

prerequisite for innovation and entrepreneurship. This is done by putting the spotlight on the role that formal and informal … institutions often act as impediments to entrepreneurship and innovation. We argue that a common yet underappreciated source of … entrepreneurship. …

to promote entrepreneurship, innovation and growth. …