Contemporary theories of entrepreneurship generally focus on the decision-making context of the individual. The recognition of opportunities and the decision to commercialize them is the focal concern. While the prevalent view in the entrepreneurship literature is that opportunities are...

In this paper we examine the relationship between innovation and firm growth. We implement a classification of innovations based on whether they are explorative or exploitative, taking advantage of a unique Swedish dataset for the period 1997 to 2012. The data allows us to construct each firm's...

1. The Challenge -- 2. Theories of Growth, Innovation, and Entrepreneurship -- 3. Promoting Entrepreneurship and Innovation—The Institutional Framework -- 4. Policies to Stimulate Innovation and Entrepreneurship -- 5. Tax Policy to Stimulate Innovation and Entrepreneurship -- 6. Conclusions: A...