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firms survive and others do not than does neoclassical economics. At the heart of the evolutionary theory isthe view that …
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paper deals with the determinants of entrepreneurship. An eclectic theory ofentrepreneurship is introduced. This eclectic … theory provides an integrated framework,drawing on disparate strands of literature, to create a better understanding of the …
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Despite the pervasive phenomenon of scale economies the majority of firms hasalways been small firms. The emergence of small firms as a means of economic development on both sides of the Atlantic has been one of the major new topics of economic policy since the 1980s. This has drawn renewed...
Persistent link: https://www.econbiz.de/10010372838
The purpose of this paper is to introduce a series of articles on the linksbetween innovation, the evolution of … Innovation, Industry Evolution and Employment published by CambridgeUniversity Press in 1999. The continued rising unemployment … the former, while the continental Europeans have chosen thelatter. The purpose the thirteen articles of Innovation …
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In this paper, we develop two hypotheses: First, regional innovation efforts have a positive impact on regional … particular, our results suggest that innovation efforts have an indirect effect on economic performance via entrepreneurship …. This indirect effect is neglected in existing empirical studies focusing on the direct effect of innovation on economic …
Persistent link: https://www.econbiz.de/10011317454
A recent literature has emerged providing compelling evidence that a major shift in the organization of the developed economies has been taking place: away from what has been characterized as the managed economy towards the entrepreneurial economy. In particular, the empirical evidence provides...
Persistent link: https://www.econbiz.de/10011381042