toward uncertainty. Unlike previous models of innovation, the firm-formation process is endogenous. An entrepreneur, who owns …This paper constructs an equilibrium model of entrepreneurial innovation where individuals differ in their attitude … residual profits, utilizes an uncertain technology and hires a worker who may only be partially isolated from uncertainty …

. -- Entrepreneurship ; Innovation ; Start-ups ; Ownership ; Breakthrough ; Quality …. We also show that commercialization support induces entrepreneurship but may lead to mediocre entrepreneurship by … inducing entrepreneurs to choose less risky projects, whereas R&D support encourages entrepreneurship without affecting the …

We review and evaluate some recent contributions on the modeling of entrepreneurship within a neoclassical framework … describe it. However, each modeling attempt focuses only on one specific feature of entrepreneurship. The entrepreneurial … highlight how a simplistic interpretation of the existing mainstream approaches incorporating entrepreneurship runs the risk of …

model predicts that an increase in uncertainty reduces the propensity of entrepreneurial firms to innovate, while it does … not affect the propensity of public firms to innovate. Furthermore, it predicts that the negative effect of uncertainty on … innovation is stronger for the less diversified entrepreneurial firms, and is stronger in the absence of financing frictions in …

We review and evaluate some recent contributions on the modeling of entrepreneurship within a neoclassical framework … describe it. However, each modeling attempt focuses only on one specific feature of entrepreneurship. The entrepreneurial … highlight how a simplistic interpretation of the existing mainstream approaches incorporating entrepreneurship runs the risk of …

We extend Lazear's theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical … that being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates …, but also commercial value. Our findings support the notion that entrepreneurship can be learned. …

We extend Lazear's theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical … being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates the … commercial value. Our findings support the notion that entrepreneurship can be learned. …

We extend Lazear's theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical … that being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates …, but also commercial value. Our findings support the notion that entrepreneurship can be learned. …

We extend Lazear's theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical … being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates the … commercial value. Our findings support the notion that entrepreneurship can be learned. …