In recognizing the importance of entrepreneurship and innovation as the principal drivers of economic growth, this paper focuses on the human attributes that govern the behavior of the entrepreneur and the societal perceptions that influence the human environment in which the entrepreneur...

A competitive advantage exists when either an organization's product or service offers the same benefits to consumers at a lower cost or exceeds those benefits (Porter, 1980). Well known business schools such as the Wharton School, at the University of Pennsylvania, and the Harvard Business...

I develop and structurally estimate an equilibrium model of the college market. Students, who are heterogeneous in both abilities and preferences, make college application decisions, subject to uncertainty and application costs. Colleges observe only noisy measures of student ability and set up...