generate new knowledge. This has a positive impact on entrepreneurship and innovation. However, after some point, further … strengthening patent protection will reduce the returns to entrepreneurship sufficiently to reduce overall economic growth. …

the impacts both of risk aversion and balanced skills on the likelihood individuals choose entrepreneurship. Data on Dutch …-averse people might be suited to entrepreneurship; and it may also help explain why prior research has generated mixed evidence … about the effects of risk aversion on selection into entrepreneurship …

We explore if the Knowledge Spillover Theory of Entrepreneurship, applied to FDI, provides at least a partial … explanation for the greater emergence of recent knowledge-based entrepreneurship in Ireland compared with Wales. In order to … examine how FDI and entrepreneurship policy in these two regions might have influenced the levels of knowledge …

employment in incumbent firms. This questions the effectiveness of policies that promote entrepreneurship to fight crises. We …

to entrepreneurship, and output. The calibration shows that optimism can explain the empirical puzzle of the low mean … returns to entrepreneurship compared to average wages. …

The importance of liquidity constraints as one of the main entry barriers to entrepreneurship has been recently put in … question. Hurst and Lusardi (2004) show that the probability of transition to entrepreneurship is inelastic along most of the … entrepreneurship. This paper challenges this view. I estimate a life cycle model of occupational choice that includes human capital …