Modern theories of entrepreneurship, particularly the work of Joseph Schumpeter, are used to reevaluate the activities of Christopher Columbus and Henry the Navigator. By the time Columbus and Prince Henry set off on their voyages, a decentralized competitive political environment had spawned a...

If you're such a genius, why aren't you rich? -- Creativity and opportunity recognition -- Environmental change and windows of opportunity -- Technology, new products and pioneers -- Market evolution : niches and opportunities -- Trajectories and emerging niches -- Industrial development :...