This paper considers the general equilibrium and welfare effects of a linear progressive income tax with entrepreneurship and moral hazard. A competitive intermediation sector diversifies risk associated with entrepreneurial activity, but full risk consolidation is prevented by moral hazard. Since effort is not observable, risk bearing of entrepreneurs is required for incentive reasons. The ext...

Purpose – The purpose of this paper is to examine the antecedents of, and the relationships between, entrepreneurial opportunity recognition, and individual-level innovation performance. Design/methodology/approach – Questionnaire data were collected from 268 senior R&D project team members (response rate 64.58 percent) along with 83 R&D managers who evaluated their employees’ innovative behavi...

This study aimed to understand the implications of the entrepreneurial competence in microenterprises. Literature on micro-enterprises and entrepreneurial competence has been reviewed; the research design opted the analysis of entrepreneurial competence in micro-enterprises in a multi-case study way. By the research findings were divided by the construct implication of entrepreneurial competenc...

Long-run technological progress is cyclical because drastic innovations that introduce new technological opportunity are only profitable at times when repeated incremental innovation has nearly exhausted existing technological opportunity and driven entrepreneurial profit and income growth towards zero. The article presents a ’technological opportunity model’ where endogenous drastic and increm...

One of the main branches of entrepreneurship is entrepreneurial orientation as it certainly plays an important role in the success and growth of the organizations. Entrepreneurial orientation is rooted in adopting a strategy. Many organizational policies which are formulated for the development of entrepreneurship are associated with information and communication technologies, in the other hand...

the purpose of the present study is to investigate the structure of physical education organization of the islamic republic of iran with an entrepreneurial approach and to determine its connection with the effectiveness of this organization. 194 participants of this study were randomly selected from all expert staff of physical education organization. two questionnaires of entrepreneurial struc...

Empirical evidence shows that entrepreneurs hold a large fraction of wealth, have higher saving rates than workers, and face substantial uninsurable entrepreneurial and investment risks. This paper constructs a heterogeneous-agent general equilibrium model with uninsurable entrepreneurial risk and capital-market imperfections to explore the implications of uninsurable entrepreneurial risk for w...

The increasing importance of entrepreneurship for flourishing economic progression, innovation and job creation have raised the concerns of decision makers and researchers for the investigation of the dynamics that could have an influence on the entrepreneurial activity levels. Indeed, transformations in entrepreneurship and entrepreneurial activity levels are considerable, persistent and disti...