Over a century ago, Schumpeter (1911) described the entrepreneur as a creative, driven individual who finds new combinations of (factors) of production to develop a new product, corner a new market, or design a new technology and he famously attributed endogenous development to the creative acts...

Surveys of businessmen and anecdotal evidence blame intermediary agents (middlemen hired by corporations and individuals) for increasing corruption in the developing world. Although this problem has gained the attention of policy makers, there has been little formal analysis of it in the...