Front cover -- Institutions and Entrepreneurship -- Copyright page -- Contents -- List of contributors -- About the volume editors -- Acknowledgments -- Chapter 1. Institutions and entrepreneurship -- Introduction -- Institutional environments and entrepreneurship -- Entrepreneurial action and...

Overview of the book -- Economic turbulence : what, who, and how much? -- The industries -- Firms, their workers, and their survival -- Firm turbulence and job ladders -- Turbulence and worker career paths -- Economic turbulence and middle-income jobs -- Conclusions and implications for policy

Considerable debate surrounds the concept of entrepreneurial opportunities. This paper contributes to the discussion by bringing in concepts and findings from evolutionary economics. It makes three points. First, adopting an evolutionary market process perspective sheds new light on the nature...