institutions that foster the emergence of competence blocs and the creation of HGFs. In particular, our analysis points to the …. Finally, we characterize institutions beneficial for sclerotic or dynamic capitalism, respectively, depending on whether they …

policies, taxation and the regulation of labor markets. Institutions have far-reaching effects on entrepreneurship, and they … entrepreneurship to the institutional setup it is maintained that in-depth analyses of specific institutions are required in order to … direction of entrepreneurial activity. Four key institutions are explored more closely: property rights protection, savings …

Recent research has highlighted the role of institutions in channeling entrepreneurs into activities with positive or … reveals the bilateral causal relation between entrepreneurs and institutions. Core features of the entrepreneur force us to … view its effects on institutions as more than mechanic general equilibrium adjustments. Three analytically separate …

institutions that foster the emergence of competence blocs and the creation of HGFs. In particular, our analysis points to the …. Finally, we characterize institutions beneficial for sclerotic or dynamic capitalism, respectively, depending on whether they …

Entrepreneurship policy mainly aims to promote innovative “Schumpeterian” entrepreneurship. However, the rate of … entrepreneurship is commonly proxied using quantity-based metrics, such as small business activity, the self-employment rate or the … entrepreneurship. In order to unambiguously identify high-impact entrepreneurs we focus on self-made billionaires (in USD) who appear …

classify the budding research field that explores the interplay between institutions and entrepreneurship. Institutions channel … development of nations. What’s more, entrepreneurship is not only influenced by institutions—entrepreneurs often shape … institutions themselves. Entrepreneurship abiding by existing institutions is occasionally disruptive enough to challenge the …

of highly valued products. In so doing, we suggest an innovation policy framework based on two pillars: (i) the … for growth. To secure industrial dynamics and growth in the long term, institutions must be designed both to encourage … economy. We argue that the latter area has been overlooked in the policy discussion and that a coherent innovation policy …

of highly valued products. In so doing, we suggest an innovation policy framework based on two pillars: (i) the … for growth. To secure industrial dynamics and growth in the long term, institutions must be designed both to encourage … economy. We argue that the latter area has been overlooked in the policy discussion and that a coherent innovation policy …

In this paper, we argue that evasive entrepreneurship is an important source of innovation in the economy. Institutions … evasive entrepreneurship may be able to prevent economic development from being stifled by existing institutions during times … entrepreneur may earn large rents by circumventing institutional impediments. Paradoxically, institutions may be less of a …