The process of creative construction: knowledge spillovers, entrepreneurship and economic growth

Arbeitspapier

Questioning the underlying assumptions of the process of creative destruction, we conceptualize an alternative process of creative construction that may characterize the dynamics between entrants and incumbents. We discuss the underlying mechanism of knowledge spillover strategic entrepreneurship whereby knowledge investments by existing organizations, when coupled with entrepreneurial action by individuals embedded in their context, results in new venture creation, heterogeneity in performance and subsequent growth in industries, regions and economies. The framework has implications for future research in entrepreneurship, strategy and economic growth.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Jena Economic Research Papers ; No. 2008,008

Classification and Topics

• Classification: Wirtschaft ; Industrial Organization and Macroeconomics: Industrial Structure and Structural Change; Industrial Price Indices ; Business Objectives of the Firm ; New Firms; Startups ; Macroeconomic Analyses of Economic Development ; Economic Growth and Aggregate Productivity: General ; Comparative Studies of Countries
• Subject: growth ; spillovers ; creative destruction ; entrepreneurship ; Innovationswettbewerb ; Wissenstransfer ; Unternehmer ; Wirtschaftswachstum ; Theorie

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Agarwal, Rajshree ; Audretsch, David B. ; Sarkar, MB
• Event: Veröffentlichung
• (who): Friedrich Schiller University Jena and Max Planck Institute of Economics
• (where): Jena
• (when): 2008

Further information

• Handle: http://hdl.handle.net/10419/25692
• Last update: 10.03.2025, 11:45 AM CET