What are the key factors that facilitate innovation and creativity? This chapter begins by challenging the traditional emphasis on IP rights as an incentive to innovate. While it is true, that IP rights provide for a much needed tool to protect creative ideas, we argue that a much more important...

The Kauffman Firm Survey (KFS) - is the largest longitudinal study of new businesses ever embarked upon. The panel of businesses was created by using a random sample from Dun & Bradstreet’s (D&B) database list of new businesses started in 2004, which totaled roughly two hundred fifty-thousand...

Measures of entrepreneurship, such as average establishment size and the prevalence of start-ups, correlate strongly with employment growth across and within metropolitan areas, but the endogeneity of these measures bedevils interpretation. Chinitz (1961) hypothesized that coal mines near...

Cloud ecosystems are evolving rapidly in the midst of competitive, regulatory and technological uncertainties. The business opportunities cloud computing (CC) is creating are the driving forces behind its acceleration. At present, traditional IT, cloud and hybrid ecosystems vie for market shares...

Entrepreneurship is valued in part because it stimulates Schumpeter’s gale of creative destruction. A popular view, reinforced by recent empirical work on regulatory reform, is that regulation inhibits entrepreneurship and innovation. However dismantling regulation is ill-advised, since...

We study entrepreneurship and growth through the lens of U.S. cities. Initial entrepreneurship correlates strongly with urban employment growth, but endogeneity bedevils interpretation. Chinitz (1961) hypothesized that coal mines near cities led to specialization in industries, like steel, with...

An Abuse-of-Crisis Prevention Act to reaffirm boundaries of politicians and the legislation they can pass has become necessary to the survival of limited government, given the routine “flash policy” responses to crises - including the 2008 financial crash and the COVID-19 pandemic. Excessive...

On March 10, 2021, Ralph Mupita, the new CEO of Africa’s largest telecommunications company, presented the group's 2020 annual results and unveiled a new strategy to "drive growth and unlock value." Despite MTN's leadership position in most of the 21 markets in which it operated, the company's...

Most of America’s wealth has not been created yet. But to fulfill the nation's potential, recognizing the limitations of today's dominant politically driven research and development approach compared to what capital markets and economic liberalization can achieve is vital. Most politicians...

We empirically examine the role of the banking market structure and financial development for the growth of manufacturing and the financially dependent industries in China over the period of 1999–2014. We use both structural and non-structural approaches to assess the banking market structure...