Greece’s currently planned institutional reforms will help to get the country going with limited economic growth. With an economy based primarily on tourism, trade, and agriculture, Greece lacks an established competitive industry and an innovation-friendly environment, resulting in a low...

New firms play a critical role in the economy. They disrupt markets with new technologies, offer social mobility opportunities, and support labor market dynamism. As much as any society should nurture and help its new generations to prosper and grow, its economy will be significantly...

I introduce and analyze an equilibrium model of discovery, innovation, patenting and infringement. Firms that innovate must adapt complementary inputs, and are ex ante uncertain about whether adaptations will be costly and whether they will infringe other patents. If adaptation requires...

<a href="http://www.youtube.com/user/worldscientific#p/u/0/motNYu4eTFw">Video</a> ¡ª Prof. Eugene Fitzgerald talks about the process of innovation and introduces <i>Inside Real Innovation</i>. <i>Read more about the authors' interview/article with <a href="http://www.inc.com/magazine/20101201/mit-eugene-fitzgerald-understanding-innovation.html#">Inc.</a> and <a href="http://blogs.forbes.com/ciocentral/2011/01/31/why-the-government-needs-to-invest-in-innovation/">Forbes.</a></i> This breakthrough book gives a ground-floor view of the innovation process, showing how fundamental innovators...

It is well recognized that the nature of entrepreneurial activity varies by context and historical epoch. But are there systematic underlying factors that cause such significant differences in the entrepreneurial opportunity set? This paper presents a conceptualization of entrepreneurship based...

Plug and Play – The Era of Technology Convergence.Emergences of new technologies like Mobile, Cloud and robust payment gateways have enhanced the business models of e-commerce applications. Google pioneered the advertisement based revenue model. Amazon gave a whole new dimension to e-business...

In this second version of this working paper, Emile Loza discusses the need to conceptualize innovation as a market system and identifies some of the actors, types of capital, and legal infrastructure needed to accelerate the deployment of innovation and improve the sustainability of innovators....

In this detailed and descriptive outline, Loza sets forth the motivations, purposes, definition and taxonomic frameworks, and concepts to propose a special theory of entrepreneurship law. The motivations, purposes, and frameworks apply to all types of entrepreneurship. The special theory of...