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Demonstrates how ideas in economics have shaped business decisions and models, as well as government policies. Discusses the pace of future innovation, how economists think about the world, and the role and importance of markets and their limits.
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The conventional wisdom is that the surge in productivity growth which has surged in the United States over the past 15 years has been attributed almost wholly to advances in the production and use of information technology. While this is certainly evident from the statistics, a driving force...
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Despite recent innovations in entrepreneurial finance, particularly at the early stage of business creation, many new and young companies continue to face hurdles to acquire capital.The Kauffman Foundation addressed current challenges and opportunities in financing entrepreneurial growth, a key...
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A growing body of evidence has documented the critical role that entrepreneurs play in fostering economic growth. But entrepreneurs can only be expected to take risks in 'open settings', where individuals and firms are free to contract with one another. In this important book, leading economists...
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Among the factors contributing to the success of the U.S. economy over the past decade as reflected in the doubling of productivity growth compared to the preceding two decades is the continued transformation of the U.S. economy toward a more entrepreneurial form of capitalism. In such a system,...
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