We review and evaluate some recent contributions on the modeling of entrepreneurship within a neoclassical framework, analyzing how and to what extent the fundamental ingredients suggested in the social science literature were captured. We show how these approaches are important in stressing the...

We review and evaluate some recent contributions on modeling entrepreneurship within a neoclassical framework, analyzing how and to what extent the fundamental ingredients suggested in the social science literature were captured. We show how these approaches are important in stressing the main...

There is systematic empirical evidence thatentrepreneurship is important for economic growth, but it is often shown thatthe element of entrepreneurship receives little attention in mainstreameconomic literature. This absence arises because the entrepreneur andentrepreneurship cannot be easily...