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Economic emergence: An evolutionary economic perspective
Foster, John; Metcalfe, J. Stan - In: Journal of Economic Behavior & Organization 82 (2012) 2, pp. 420-432
The standard neoclassical approach to economic theorising excludes, by definition, economic emergence and the related phenomenon of entrepreneurship. We explore how the most economic of human behaviours, entrepreneurship, came to be largely excluded from mainstream economic theory. In contrast,...
Persistent link: https://www.econbiz.de/10010576973
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Contracting for innovation under knightian uncertainty
AMARANTE, Massimiliano; GHOSSOUB, Mario; PHELPS, Edmund - Département de Sciences Économiques, Université de … - 2012
states. An innovation is a set of states that are not publicly known along with an asset (in a broad sense) that pays … contingent on those states. The creator of an innovation is an entrepreneur. He is represented by a probability measure on the … set of new states. All other agents perceive the innovation as ambiguous: each of them is represented by a set of …
Persistent link: https://www.econbiz.de/10010933661
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Contracting for Innovation under Knightian Uncertainty
Amarante, Massimiliano; Ghossoub, Mario; Phelps, Edmund - Centre Interuniversitaire de Recherche en Économie … - 2012
states. An innovation is a set of states that are not publicly known along with an asset (in a broad sense) that pays … contingent on those states. The creator of an innovation is an entrepreneur. He is represented by a probability measure on the … set of new states. All other agents perceive the innovation as ambiguous: each of them is represented by a set of …
Persistent link: https://www.econbiz.de/10010616508
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A Theoretical Analysis of the Role of Social Networks in Entrepreneurship
Leyden, Dennis Patrick; Link, Albert N.; Siegel, Donald S. - Economics Department, Bryan School of Business and Economics - 2013
Entrepreneurship involves innovation and uncertainty. We outline a theory of entrepreneurship, which highlights the … importance of social networks in promoting innovation and reducing uncertainty. Our findings suggest that this “social” aspect of …
Persistent link: https://www.econbiz.de/10010990965
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The wider economic impacts of high-skilled migrants: a survey of the literature for receiving countries
Nathan, Max - In: IZA Journal of Migration 3 (2014) 1, pp. 1-20
G23; G24; J15; J61; L5; L26; M12; M13; O31; O32; R11 </AbstractSection> Copyright Nathan; licensee Springer. 2014
Persistent link: https://www.econbiz.de/10010998403
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Playing in Invisible Markets: Innovations in the Market for Toilets to Harness the Economic Power of the Poor
Ramani, Shyama V. - United Nations University-Maastricht Economic Research … - 2008
Sanitation is at the heart of not only environmental security but also food security and health. Today about 41% of the global population or about 2.6 billion people do not have access to toilets and about 42,000 people die every week due to drinking water polluted with faecal matter. The...
Persistent link: https://www.econbiz.de/10010856443
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University Startups and Entrepreneurship: New Data, New Results
Jensen, Richard - Department of Economics, University of Notre Dame - 2012
This paper empirically examines commercialization of university faculty inventions through startup firms from 1994 through 2008. Using data from the Association of University Technology Managers and the 2010 NRC doctoral rankings, our research reveals several findings. We find that university...
Persistent link: https://www.econbiz.de/10010902108
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Public Gains from Entrepreneurial Research: Inferences about the Economic Value of Public Support of the Small Business Innovation Research Program
Allen, Stuart Douglas; Layson, Stephen K.; Link, Albert N. - Economics Department, Bryan School of Business and Economics - 2012
This paper presents a systematic analysis of the net economic benefits associated with the Small Business Innovation …
Persistent link: https://www.econbiz.de/10009650904
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Employment Growth from Public Support of Innovation in Small Firms
Link, Albert N.; Scott, John Troy - Economics Department, Bryan School of Business and Economics - 2011
We investigate the impacts of the U.S. publicly-funded Small Business Innovation Research (SBIR) program’s funding on …
Persistent link: https://www.econbiz.de/10009351114
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Regional Appropriation of University-Based Knowledge and Technology for Economic Development
Audretsch, David B.; Leyden, Dennis Patrick; Link, Albert N. - Economics Department, Bryan School of Business and Economics - 2012
Innovation Research (SBIR) program. We provide supply-side evidence on university research relationships and how the use of …
Persistent link: https://www.econbiz.de/10009650262