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William J. Baumol is the 2003 winner of the International Award for Entrepreneurship and Small Business Research …. Throughout his career Baumol has urged the profession to pay attention to the instrumental role of entrepreneurship in economic … analysis is extended to entrepreneurship. Hence, Baumol can be characterized as a revolutionary from within. In this article we …
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Innovation is key to technology adoption and creation, and to explaining the vast differences in productivity across and within countries. Despite the central role of the entrepreneur in the innovation process, data limitations have restricted standard analysis of the determinants of innovation...
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