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An absorptive capacity theory of knowledge spillover entrepreneurship

Qian, Haifeng and Acs, Zoltan J. (2013) An absorptive capacity theory of knowledge spillover entrepreneurship. Small Business Economics, 40 (2). pp. 185-197. ISSN 0921-898X

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Abstract

The knowledge spillover theory of entrepreneurship identifies new knowledge as a source of entrepreneurial opportunities, and suggests that entrepreneurs play an important role in commercializing new knowledge developed in large incumbent firms or research institutions. This paper argues that, knowledge spillover entrepreneurship depends not only on new knowledge but more importantly on entrepreneurial absorptive capacity that allows entrepreneurs to understand new knowledge, recognize its value, and commercialize it by creating a firm. This absorptive capacity theory of knowledge spillover entrepreneurship is tested using data based on U.S. metropolitan areas.

Item Type: Article
Official URL: http://link.springer.com/journal/11187
Additional Information: © 2013 Springer
Library of Congress subject classification: H Social Sciences > HB Economic Theory
Journal of Economic Literature Classification System: L - Industrial Organization > L0 - General
Sets: Departments > Management
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 09 Apr 2014 12:00
URL: http://eprints.lse.ac.uk/56447/

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