When the doctoral student, Iris Beckman, rushed to my office at the Max Planck Institute of Economics in 2004, arms full of various volumes of the Palgrave Dictionary of Economics , wondering why only a handful of entries appeared under “Entrepreneurship,” “Small Business” and even “Innovation,” she was shocked (Beckmann, 2010). But I wasn’t. After all, four years of graduate studies in economics at the University of Wisconsin, topping off a bachelor’s degree in economics, had netted virtually no mention of entrepreneurship. At least small business had made an appearance in the industrial organization literature, under the topic of “sub-optimal capacity,” and innovation was reserved as a special topic at the end of the semester, embedded in research and development, time permitting.