Context Matters: Institutions and Entrepreneurship analyzes the connection between entrepreneurship and institutions. The goal is to provide a discussion of the literature on institutions in economics, develop the argument on the relationship between institutions and entrepreneurship and apply this logic to a variety of entrepreneurial settings - private for-profit, private non-profit and political. In addition to exploring entrepreneurship within several institutional settings, the authors also consider entrepreneurship on institutional arrangements. Context Matters: Institutions and Entrepreneurship develops the notion of institutions and provide insight into what this concept entails. The authors show how institutions matter for entrepreneurship and economic development. This if followed by a consideration of 'social entrepreneurship', 'political entrepreneurship', and the role of 'institutional entrepreneurs' and their impact on the formation and evolution of institutions. The authors end with a discussion of the implications for future research.

The Handbook of Entrepreneurship Research: Disciplinary Perspectives strives to increase awareness and stimulate research in numerous important topics in the field, particularly those underdeveloped areas of study with more relevance to scholarship and theory than to the practice of entrepreneurship. For example, less research has focused on the importance of the macroeconomic environment to firm founding, on social and kinship ties as sources of entrepreneurial activity, and the interaction between institutions and entrepreneurship. We do so by drawing attention to the relevant research in the disciplines of economics and sociology. This volume of the Handbook hopes to begin to bridge the gap between the research in entrepreneurship and the core disciplines by introducing views of entrepreneurship from disciplinary perspectives. As such, this volume of the Handbook is intended to complement and build on the first volume by focusing on a select set of issues and examining them in an in-depth manner.

By serving as a conduit for knowledge spillovers, entrepreneurship is the missing link between investments in new knowledge and economic growth. The knowledge spillover theory of entrepreneurship provides not just an explanation of why entrepreneurship has become more prevalent as the factor of knowledge has emerged as a crucial source for comparative advantage, but also why entrepreneurship plays a vital role in generating economic growth. Entrepreneurship is an important mechanism permeating the knowledge filter to facilitate the spill over of knowledge and ultimately generate economic growth.

Drawing on 12 case studies across three global regions, this book examines how formal and informal institutions shape entrepreneurial activity.

Examines how the institutional environment affects entrepreneurial organizations, and vice-versa.

In Engines of Innovation, Holden Thorp and Buck Goldstein make the case for the pivotal role of research universities as agents of societal change. They argue that universities must use their vast intellectual and financial resources to confront global challenges such as climate change, extreme poverty, childhood diseases, and an impending worldwide shortage of clean water. They provide not only an urgent call to action but also a practical guide for our nation's leading institutions to make the most of the opportunities available to be major players in solving the world's biggest problems. A preface and a new chapter by the authors address recent developments, including innovative licensing strategies, developments in online education, and the value of arts and sciences in an entrepreneurial society.

This book presents some of Zoltán J. Ács’ most important contributions since the turn of the new millennium, with a particular intellectual focus on knowledge spillover entrepreneurship. It studies the evolution of global entrepreneurship and pays attention to the role of institutions and the incentives they create for economic agents who become either productive or unproductive entrepreneurs. For productive entrepreneurs, those that create wealth for themselves and for society, the author offers a knowledge spillover theory of entrepreneurship as a new way to help understand the entrepreneurial ecosystem. For those that create wealth only for themselves the author develops a theory of destructive entrepreneurship that undermines the entrepreneurial ecosystem. The book also presents an explanation of the role of philanthropy in reconstituting wealth to complete the circuits of capital in the theory of capitalist development. Finally, the author examines several public policy issues including immigration and technology transfer. This volume will be required reading for students and scholars of entrepreneurship, economics and public policy.

Using institutional economics as a theoretical framework, this book analyzes institutional environment conducive to entrepreneurial activity in order to enhance economic performance across countries. In particular, the main contributions of this book to the entrepreneurship literature are the following: • Identify past and current research about the institutional context shaping entrepreneurial activity and its effect on economic growth • Examine social progress orientation as those institutional factors that are shaping innovative entrepreneurial activity • Explore the effect of different types of entrepreneurial activities on economic growth • Examine how social progress orientation through opportunity-driven entrepreneurship affects economic development • Analyze the interrelationships between institutions, entrepreneurial activity and economic development across countries • Study how the country's institutional context influences the way in which entrepreneurial activity affects social progress Two sides of the same coin might be observed when analyzing policy aspects of those institutions affecting entrepreneurial activity. On the one hand, effective public policy to promote entrepreneurship is predicated on understanding the underlying forces as well as the consequences and impacts of entrepreneurship. On the other hand, different endeavors to promote entrepreneurial activity might have deleterious economic effects since they could actually reduce employment in the long-term. Thus, it is crucial to understand the institutional environment in which entrepreneurs are interacting and making decisions. The comprehension of these phenomena serves to move forward the theoretical, practical and policy debate on entrepreneurship as a mechanism to achieve higher economic performance.

Leading international scholars provide a timely reconsideration of how and why entrepreneurship matters for economic development, particularly in emerging and developing economies. The book critically dissects the evolving relationship between entrepreneurs and the state.

In this paper entrepreneurs are defined as agents who bring about economic change by combining their own effort with other factors of production in search of economic rents. The institutional setup is argued to determine both the supply and direction of entrepreneurial activity. Four key institutions are explored more closely: property rights protection, savings policies, taxation and the regulation of labor markets. Institutions have far-reaching effects on entrepreneurship, and they largely determine whether or not entrepreneurial activity will be socially productive. Due to the responsiveness of entrepreneurship to the institutional setup it is maintained that in-depth analyses of specific institutions are required in order to further our understanding of the determinants of entrepreneurial behavior and the economic effects of entrepreneurship. The paper also demonstrates that it is problematic to use self-employment as an empirical proxy for productive entrepreneurship.