. We also show that commercialization support induces entrepreneurship but may lead to mediocre entrepreneurship by … inducing entrepreneurs to choose less risky projects, whereas R&D support encourages entrepreneurship without affecting the … type of entrepreneurship. Using Swedish patent citation data, we find empirical support for predictions of the model …

business stealing effect. Commercialization support induces entrepreneurship but may lead to mediocre entrepreneurship by … inducing entrepreneurs to choose less risky projects, whereas R&D support encourages entrepreneurship without affecting the … type of entrepreneurship. We develop a regression framework to test empirical predictions of the model. Within our …

Israel M. Kirzner is the 2006 winner of The International Award for Entrepreneurship and Small Business Research (the … motion by entrepreneurial decisions) provides a theoretical underpinning for public policy vis-a-vis entrepreneurship …. Professor Kirzner's main contributions to the economics of entrepreneurship were also presented and evaluated by Douhan …