I offer a chronologically-based discussion of my contributions to the entrepreneurship field. These mainly have to do with revitalizing the Knightian approach to entrepreneurshop (i.e., the judgment view), bringing entrepreneurship theory and the theory of the firm together, and linking...

Innovation policy is normally evaluated from the welfare perspective of market failure, and therefore focuses on social benefits. This paper adapts the Djankov et al. (2003) model of comparative social costs associated with any institution to analyse the specific institutions of innovation...

This paper explores the problem of credible commitment that public officials face with regard to institutional reform. Doug North points out that while economies grow as a result of the provision of governance, I argue that creating an entity with a geographic monopoly simultaneously limits the...

This paper investigates two different approaches to the analysis of institutions using game theory and discusses their methodological and theoretical implications for further research. Starting from von Neumann and Morgenstern's theory, we investigate, how Schotter and Schelling's approaches to...

We review the literature that links institutions, entrepreneurship, and economic growth outcomes, focusing in particular on the empirics of the links between these. Most of this literature has an economics orientation, but we also review relevant literature from other social science and from...