This volume provides a collection of cross-country analysis of innovation, showing that the effects of innovation upon firms vary from one country to another. Incumbents perish in one country, while they thrive in the same industry in another country. Startups thrive in response to new...

If entrepreneurship remains as important to the economy as ever, then the continuing failure of mainstream economics to adequately account for entrepreneurship indicates that fundamental principles require re-evaluation. It seems no longer possible to expect that only theoretical refinements and...