Intro -- Contents -- Preface -- Executive Summary -- Contributors -- 1. Innovation, the Economy, and Policy -- 2. Innovation and Macroeconomics -- 3. Learning, Discovery and Collaboration -- 4. Research, Higher Education, and Innovation -- 5. Entrepreneurship an Innovation -- 6. Barriers to...

Why should individuals that have exited their firm consider re-entering into entrepreneurship, i.e. become renascent entrepreneurs? According to the logic of economic models of firm dynamics there is no reason to re-enter into entrepreneurship following termination of a previous firm. In...

In a society with dispersed knowledge, entrepreneurs have to identify opportunities, recognize them as relevant, and match them with (demand) preferences, technological feasibilities, and their own skills. According to Austrian theory, this is done on a subjective basis: different people not...