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Entrepreneurship, Innovation and Economic Growth - past experience, current knowledge and policy implications
KTH, Skolan för industriell teknik och management (ITM), Centra, Centrum för studier inom vetenskap och innovation, CESIS. KTH, Skolan för industriell teknik och management (ITM), Industriell ekonomi och organisation (Inst.), Samhällsekonomi.ORCID-id: 0000-0003-0218-7924
2010 (engelsk)Rapport (Annet vitenskapelig)
Abstract [en]

Considerable advances, even breakthroughs, have been made during the last decades in our understanding of the relationship between knowledge and growth on one hand, and entrepreneurship and growth on the other. Similarly, more profound insights have also been gained as to how entrepreneurship, innovation and knowledge are interrelated. Yet, a comprehensive understanding is still lacking concerning the interface of all of those variables: knowledge, innovation, entrepreneurship and growth. The link between the micro-economic origin of growth and the macro-economic outcome is still too rudimentary modeled to grasp the full width of these complex and intersecting forces. The main objective of this paper is hence to shed light on recent advances in our understanding of the forces that underpin the creation of knowledge, its diffusion and commercialization through innovation, and the role of the entrepreneur in the growth process. The policy implications of recent research findings conclude this survey. Particularly important policy implications refer to the design of regulation influencing knowledge production, ownership, entry barriers, labor mobility and (inefficient) financial markets. They all have implication for the efficient diffusion of knowledge through entry. Knowledge creation has to be matched by incentives that induce mechanisms to convert knowledge into societal and useful needs.

sted, utgiver, år, opplag, sider
CESIS, KTH Royal Institute of Technology , 2010. , s. 82
Serie
CESIS Working Paper Series in Economics and Institutions of Innovation ; 224
Emneord [en]
Entrepreneurs, knowledge, innovation, growth, policy.
HSV kategori
Identifikatorer
URN: urn:nbn:se:kth:diva-67359OAI: oai:DiVA.org:kth-67359DiVA, id: diva2:484894
Merknad
QC 20120209Tilgjengelig fra: 2012-02-09 Laget: 2012-01-27 Sist oppdatert: 2012-02-09bibliografisk kontrollert

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