We discuss the two-way link between culture and economic growth. We present a model of endogenous technical change … where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that … affect the steepness of the lifetime consumption profile. As a consequence, the occupational choice of entrepreneurship …

(Princeton University Press, 2013) as inspiration to discuss innovation and entrepreneurship. The book is laudable for its … regrettable given the importance of the book´s main message: Innovation and creative entrepreneurship are not merely the keys to …, including the link between innovation and entrepreneurship, the role of institutions for entrepreneurship, and the tendency of …

(Phelps <CitationRef CitationID="CR67">2013</CitationRef>) as inspiration to discuss innovation and entrepreneurship. The book … entrepreneurship research linked to the book, including the link between innovation and entrepreneurship, the role of institutions for … entrepreneurship, and the tendency of national accounts to under-record the social value of innovation and entrepreneurship. If the …