Are quantitative measures driven by small business activity also valid proxies for high-impact Schumpeterian entrepreneurship? We compile four hand-collected measures of high-impact Schumpeterian entrepreneurship (VC-funded IPOs, self-made billionaire entrepreneurs, unicorn start-ups, and young...

Das digitale Zeitalter und seine Hyperökonomie. Aus erster Hand berichtet Christoph Keese von Unternehmern und Innovationen im Silicon Valley und verbindet die vielen Facetten des digitalen Wandels zum grossen Bild. Was sind die Erfolgsrezepte und Treiber der boomenden Internetwirtschaft?...

Joseph Schumpeter lamented that capitalism would not survive because he thought that its defining process—creative destruction—would be overshadowed by large firms. Witnessing the emergence of rising numbers of increasingly large firms, Schumpeter did not think that those responsible for...