short or medium run. Entrepreneurial rents arise when successful entrepreneurship is exercised and entrepreneurial firms … successful entrepreneurship cannot be taxed harshly without affecting entrepreneurs' willingness to supply effort. …

We review and evaluate some recent contributions on the modeling of entrepreneurship within a neoclassical framework … describe it. However, each modeling attempt focuses only on one specific feature of entrepreneurship. The entrepreneurial … highlight how a simplistic interpretation of the existing mainstream approaches incorporating entrepreneurship runs the risk of …