that being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates …

whether extreme events can positively impact (some) entrepreneurship and innovation. Based on this, we propose a partial …

We refine modelling of the radical innovation decision in this paper by extending real option theory to include non … stochastic shocks imply that investment in radical innovation may very often be too time consuming and/or expensive to remain … attractive for private entrepreneurs. -- radical innovation ; innovation ; entrepreneurship ; investment ; R&D ; risk ; real …