Our tax system imposes widely varying tax rates on investments in different activities, favors debt over equity, and favors pass-throughs over corporations. Targeted tax incentives can lower the cost of capital for small businesses, startups, and those that invest in intellectual property. But...

Entrepreneurship in Japanese universities has changed radically over the last 15 years, following the introduction of an equivalent to the Bayh-Dole Act in 1999. However, it is still unclear whether Japanese entrepreneurship is working. There are some publications that focus on the...