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Entrepreneurial Inputs and Outcomes - New Studies of Entrepreneurship in the United States (Hardcover, 1st ed)
Loot Price: R4,229
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Entrepreneurial Inputs and Outcomes - New Studies of Entrepreneurship in the United States (Hardcover, 1st ed)
Series: Advances in the Study of Entrepreneurship, Innovation & Economic Growth
Expected to ship within 12 - 17 working days
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The performance of economies depends upon entrepreneurship.
Entrepreneurs identify new opportunities, implement new
technologies, provide new products and services, and generally,
make an economy vibrant. Yet, little is understood of the
institutional structure that supports entrepreneurship or of the
economic and sociological factors that encourage entrepreneurial
activity. The papers in this volume represent research on these
issues. The material is relevant for both an academic and lay
audience. Three papers by Kortum and Lerner; Thomas; and Ziedonis
and Hall examine the US patent system and its relationship to
venture capital, its impact on R&D expenditures and access to
new technologies, and its affect on "patent portfolio races." Two
others by Prasad, Vozikis, and Bruton, and Quadrini address
financing issues, including the importance of private savings by
entrepreneurs for self financing of new ventures and for signaling
venture quality. Quadrini shows that entrepreneurs experience
greater upward mobility than do others in the population. A related
paper by Lowe explores the role and experience of start-ups in
commercializing university inventions, a growing source of new
technology. Kerkvliet and Shogren examine innovation in the
institutions used by firms to obtain productive inputs. Two other
papers by Roberson-Saunders and Holcombe examine the
characteristics of entrepreneurs and the importance of
entrepreneurial activity in the economy in the generation of new
products, processes, and services and outlines policies for
encouraging entrepreneurship. This collection of papers highlights
the variety of issues associated with gaining a better
understanding of entrepreneurship.
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