"Since its inception in 1996 the Global Award for Entrepreneurship Research (on Wikipedia) has become firmly established as the foremost global award for research on entrepreneurship. This Prize is awarded annually and it consists of the statuette "The Hand of God”, created by Swedish Sculptor Carl Milles, and a Prize sum of 100,000 euros".
According to the statutes the Award should be given to “a person who has produced scientific work of outstanding quality and importance, thereby giving a significant contribution to theory-building concerning entrepreneurship and small business development, the role and importance of new firm formation and the role of SMEs in economic development"
2011 award winner Steven Klepper presented 2011-06-16.
...In looking at the evolution of industries, Klepper explores regularities in the time paths of entry of new producers, exit of incumbent firms, industry output and price, and the rate of product and process innovation. To explain these regularities, he develops theories that feature differences in firm capabilities and the advantages of large firms in appropriating the returns from their innovative efforts. The theories are also used to explain differences in firms' innovative efforts, the composition of their innovative effort and their innovative success...