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prerequisite for innovation and entrepreneurship. This is done by putting the spotlight on the role that formal and informal … institutions often act as impediments to entrepreneurship and innovation. We argue that a common yet underappreciated source of …
Persistent link: https://www.econbiz.de/10011917020
It is imperative that the economies of the European Union become more entrepreneurial to promote innovation and … to promote entrepreneurship, innovation and growth. …
Persistent link: https://www.econbiz.de/10011917026
function which, until recently, has been an underappreciated and poorly understood source of innovation and institutional …
Persistent link: https://www.econbiz.de/10011917029
Venture capital has become a dominant form of innovation finance, used by many high-tech startups. Europe lags the U …
Persistent link: https://www.econbiz.de/10011917044
-impact Schumpeterian entrepreneurship relative to the U.S. Once we account for Europe's strong performance in technological innovation, an …
Persistent link: https://www.econbiz.de/10011917046
In this paper, we introduce a special issue of Small Business Economics on Financial and Institutional Reforms for an Entrepreneurial Society in Europe. There are many reasons for Europe to want to make the transition to a more entrepreneurial society. And for decades now, policy makers are...
Persistent link: https://www.econbiz.de/10011917079
innovation bloc into their study of spontaneous market order. We demonstrate how successful entrepreneurship depends on an … innovation bloc of this kind, a system of innovation that evolves and within which activity takes place through time. The … innovation bloc consists of five pools of economic skills from which people are drawn or recruited to form part of a …
Persistent link: https://www.econbiz.de/10011917098
Are quantitative measures driven by small business activity also valid proxies for high-impact Schumpeterian entrepreneurship? We compile four hand-collected measures of high-impact Schumpeterian entrepreneurship (VC-funded IPOs, self-made billionaire entrepreneurs, unicorn start-ups, and young...
Persistent link: https://www.econbiz.de/10012145495
We are grateful for the comments to our article, and for the opportunity to respond to them. In our original contribution, we argued that the application of the EOE perspective could help make Austrian economics more concrete, relevant and persuasive, especially regarding policy prescriptions....
Persistent link: https://www.econbiz.de/10012145510
We present the theory of the collaborative innovation bloc (CIB), an evolving system of innovation within which …
Persistent link: https://www.econbiz.de/10012145531