An important literature has made a fundamental link between corporate governance and corporate strategy. According to agency theory, assigning managers stock options aligns their interests with the interests of the owners of the firm. This paper suggests that this may not apply in the context of...

This book aims to bring together different contributions highlighting how the recent changes that modify universities’ activities, such as the necessity to internationalize and crucially rely on third party funding, and the new entrepreneurial trajectories stemming from the recent...

The level of entrepreneurship differs considerably across countries and periods. Both thecauses and consequences of entrepreneurship are a matter of extensive scientific debate aswell as of great policy importance. A high level of entrepreneurial activity is assumed andshown to contribute to...

The resurgence of entrepreneurship in the Westernworld is a multi-faceted phenomenon that may be studied according to the level of analysis--i.e., while micro level studies focus on the individual's choice to become self-employed, the macro perspective focuses on various environmental factors,...