Arbeitspapier
The Knowledge Spillover Theory of Entrepreneurship
Contemporary theories of entrepreneurship generally focus on the decision-making context of the individual. The recognition of opportunities and the decision to commercialize them is the focal concern. While the prevalent view in the entrepreneurship literature is that opportunities are exogenous, the most prevalent theory of innovation in the economics literature suggests that opportunities are endogenous. This paper bridges the gap between the entrepreneurship and economic literature on opportunity by developing a knowledge spillover theory of entrepreneurship. The basic argument is that knowledge created endogenously via R&D results in knowledge spillovers. Such spillovers give rise to opportunities to be identified and exploited by entrepreneurs. Our results show that there is a strong relationship between knowledge spillovers and new venture creation.
- Sprache
-
Englisch
- Erschienen in
-
Series: Papers on Entrepreneurship, Growth and Public Policy ; No. 2705
- Klassifikation
-
Wirtschaft
New Firms; Startups
Human Capital; Skills; Occupational Choice; Labor Productivity
- Thema
-
Opportunity
knowledge
entrepreneurship
management science
Unternehmer
Wissen
Spillover-Effekt
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Ács, Zoltán J.
Audretsch, David B.
Braunerhjelm, Pontus
Carlsson, Bo
- Ereignis
-
Veröffentlichung
- (wer)
-
Max Planck Institute of Economics
- (wo)
-
Jena
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Ács, Zoltán J.
- Audretsch, David B.
- Braunerhjelm, Pontus
- Carlsson, Bo
- Max Planck Institute of Economics
Entstanden
- 2005
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