pay a penalty in terms of forgone growth. It also pays attention to the Global Entrepreneurship Monitor (GEM), a new and … change has had consequences for the current policy debate on the determinants of economic growth. Our paper deals with some … aspects of the recent scientific literature on the relation between entrepreneurship and small business, on the one hand, and …

entrepreneurship with respect to economic performance. This paper uses the knowledge spillover theory to explain different innovation … entrepreneurship in the process of the commercialization of knowledge. We discuss the implications for entrepreneurship and innovation …The knowledge spillover theory of entrepreneurship seeks to explain the fundamentals and consequences of …

entrepreneurship with respect to economic performance. This paper uses the knowledge spillover theory to explain different innovation … entrepreneurship in the process of the commercialization of knowledge. We discuss the implications for entrepreneurship and innovation …The knowledge spillover theory of entrepreneurship seeks to explain the fundamentals and consequences of …

countries. First, the concepts of uncertainty and risk are elaborated, as well as theirrelevance for entrepreneurship. Second … (uncertaintyavoidance) may have a diverging impact on entrepreneurship. Possibly, a climate of uncertainty avoidancein large organizations …, suggesting that risingopportunity costs of entrepreneurship are the dominant perception in this cultural environment. In a …

unemployment in Japan. The question is to what extent business ownership, i.e., entrepreneurship, can reduce the level of … replaced with a market environment conducive to the establishment and growth of entrepreneurial firms. The underestimation of …

‘equilibrium’ rate of business ownership play a central role determining both the growth of business ownership and that of economic … fit of a U-shaped ‘equilibrium’ relationship when compared to an L-shaped one. There appears to be a growth penalty for …

economic growth? Hypotheses concerning all three issues are formulated setting up a new two-equation model. We findconfirmation …