Purpose: The purpose of this paper is to examine the link between Joseph Schumpeter’s economics and the rise of General Motors (GM). Design/methodology/approach: The paper uses regression analysis and time series analysis of market synchronization. Findings: There is a strong link between GM...

Purpose The purpose of this paper is to develop an agent-based model that highlights the role of entrepreneurship in the market process. Design/methodology/approach The authors explore the effect of entrepreneurial alertness and transaction costs on two normative standards: the speed of price...

Purpose Entrepreneurship is argued to be a critical driver of economic growth for both individual communities and the nation. Regional scientists, economists, and policy makers underscore the importance of a diverse economy that supports recruitment of new firms, existing firms, and...

Purpose Entrepreneurship, along with its effect on economic growth, has been a major topic of research for quite some time now. However, none of these studies employs the use of entrepreneurial intention, a key indicator of latent entrepreneurs, as a measure of entrepreneurship. Till now, some...

Purpose The purpose of this paper is to identify how consumption of 12 goods – alcohol, cigarettes, fast food, items sold at vending machines, purchases of food away from home, cookies, cakes, chips, candy, donuts, bacon, and carbonated soft drinks – varies across the income distribution by...

Purpose Existing scholarship indicates that more research is needed to explore beneficial spillovers from public entrepreneurship. The purpose of this paper is to fill the gap in that literature by examining a case of public entrepreneurship by a corporation. While political engagement by...

Purpose A number of political economy concerns are associated with the provision of foreign aid to developing economies. These concerns suggest that foreign aid is likely to have harmful effects on a recipient’s institutional quality, and that attempts to give aid conditional on policy and...

Purpose It has been more than 20 years since the “Reinventing Government” movement swept through the American public sector. Over time, the tenets of public entrepreneurship and new public management have diverged due to liability and risk aversion. One of the core elements of...

Purpose The purpose of this paper is to examine the cross-country variation in innovation and propose that it can be explained by the presence of market institutions using the Global Innovation Index. Design/methodology/approach This paper uses ordinary least squares with region and OECD fixed...

Purpose The purpose of this paper is to investigate the effect of privatization on corporate entrepreneurship in Telecommunication Company of Iran (TCI). The study examines the five dimensions of entrepreneurial orientation including innovativeness, risk taking, proactiveness, competitive...