Purpose – The purpose of this editorial is to introduce the Journal of Entrepreneurship and Public Policy (JEPP). Design/methodology/approach – The paper outlines the primary objectives of JEPP. Findings – JEPP was created to encourage and disseminate quality research about the vital...

Examining the economics of entrepreneurship from the perspectives of productive versus unproductive entrepreneurial behavior and the role of institutions in economic outcomes, the authors in this book seek to advance the research on institutions by providing a simple framework to analyze the...

Georgia's HOPE Scholarship is a merit-based aid program intended to provide educational resources for qualified Georgia residents who attend college within the state. The sole determinant of HOPE eligibility is high school grade point average (GPA), which may differ by school district (county)....

Some Georgia school systems award more HOPE scholarships than their academic achievement predicts, creating a geographically determined benefit that will be compounded into local real estate values. Using a two-stage regression methodology, we test to see if these scholarship ``over-awards'' are...

This paper examines the determinants of return on equity for microfinance institutions (MFI), an important source of funds for entrepreneurs in developing countries. Recent research indicates that MFIs need to become financially sustainable without relying on external funding. To meet this...

A potential source of bias in the Associated Press (AP) Top 25 football rankings is television exposure. Using the 2003-2004 and 2004-2005 college football seasons, the authors observe, all else equal, that AP voters change the ranking of teams differently on the basis of television exposure:...

Recent studies examining the relationship between legislative majorities and state budgets have presented mixed results. We provide new insight on this relationship by employing stochastic frontier analysis to model the maximum potential budgets that could be feasibly produced, given a set of...