. The results show that the literature leans towards Schumpeter (1942); innovation returns are modeled as following an ex … ante known probability distribution. By assuming that the outcomes of innovation activities are (probabilistically …

-impact Schumpeterian entrepreneurship relative to the U.S. Once we account for Europe’s strong performance in technological innovation, an …We examine whether Europe has an "entrepreneurship deficit" compared to other industrialized regions. Cross … business activity and startup rates suggest that Europe has the same or higher rates of entrepreneurship than the U.S. and East …

burdens have higher entrepreneurship rates but less self-employment. Europe has a higher self-employment rate than the United … States and East Asia. At the same time, Europe has a lower entrepreneurship rate than competitor regions. Europe … strong performance in technological innovation. …

deemed to be of particular importance for entrepreneurship, innovation-based firm growth and its ensuing impact on the …, considerable differences remain. These constitute the basis for the concluding policy discussion. -- Entrepreneurship ; Innovation …

-employment. -- Entrepreneurship ; Innovation ; Institutions ; Regulation ; Self-employment …

); innovation returns are modeled as following an ex ante known probability distribution. By assuming that innovation outcomes are …