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to promote entrepreneurship, innovation and growth. …
Persistent link: https://www.econbiz.de/10011917026
to promote entrepreneurship, innovation and growth. …
Persistent link: https://www.econbiz.de/10011603954
Introduction: Europe's Innovation Emergency -- Innovation and Entrepreneurship in the European Union - a Reform Agenda …
Persistent link: https://www.econbiz.de/10011667019
In this paper, we argue that evasive entrepreneurship is an important source of innovation in the economy. Institutions … evasive entrepreneurship can be both productive and unproductive/destructive, its dynamic character is more important because … evasive entrepreneurship may be able to prevent economic development from being sti-fled by existing institutions during times …
Persistent link: https://www.econbiz.de/10010416707
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destructive entrepreneurship. Baumol's classificatory scheme is built around a limited concept of first-best outcomes and … therefore easily fails to appreciate the true impact of entrepreneurship in real world circumstances characterized by suboptimal … institutions. We present an alternative way of generalizing the notion of entrepreneurship and show how and why it encompasses the …
Persistent link: https://www.econbiz.de/10010320273
This essay argues that the economic contribution of certain firms - be they small, young or rapidly growing - has to be understood in a broader context of creative destruction. Growth of some firms requires contraction and exit of some other firms to free up resources that can be reallocated to...
Persistent link: https://www.econbiz.de/10010320338
Entrepreneurship plays a pivotal role for institutional change and economic development in transition and developing …, entrepreneurship can often affect institutions and contribute to their evolution. We highlight three entrepreneurial responses to the …
Persistent link: https://www.econbiz.de/10012137563
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