Acs, Zoltan J., Audretsch, David B., Braunerhjelm, Pontus and Carlsson, Bo (2012) Growth and entrepreneurship. Small Business Economics, 39 (2). pp. 289-300. ISSN 0921-898X
Full text not available from this repository.Abstract
In this paper we suggest that the spillover of knowledge may not occur automatically as typically assumed in models of endogenous growth. Rather, a mechanism is required to serve as a conduit for the spillover and commercialization of knowledge from the source creating it, to the firms actually commercializing the new ideas. In this paper, entrepreneurship is identified as one such mechanism facilitating the spillover of knowledge. Using a panel of entrepreneurship data from 18 countries, we provide empirical evidence that, in addition to measures of Research & Development and human capital, entrepreneurial activity also serves to promote economic growth.
| Item Type: | Article |
|---|---|
| Official URL: | http://link.springer.com/journal/11187 |
| Additional Information: | © 2012 Springer |
| Divisions: | Management |
| Subjects: | H Social Sciences > HC Economic History and Conditions |
| JEL classification: | L - Industrial Organization > L2 - Firm Objectives, Organization, and Behavior > L20 - General |
| Date Deposited: | 09 Apr 2014 13:30 |
| Last Modified: | 30 Oct 2024 18:06 |
| URI: | http://eprints.lse.ac.uk/id/eprint/56455 |
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