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Growth and entrepreneurship
KTH, School of Industrial Engineering and Management (ITM), Industrial Economics and Management (Dept.), Economics.ORCID iD: 0000-0003-0218-7924
2012 (English)In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 39, no 2, 289-300 p.Article in journal (Refereed) Published
Abstract [en]

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.

Place, publisher, year, edition, pages
2012. Vol. 39, no 2, 289-300 p.
Keyword [en]
Entrepreneurship knowledge spillovers, Commercialization
National Category
Economics and Business
Identifiers
URN: urn:nbn:se:kth:diva-99392DOI: 10.1007/s11187-010-9307-2ISI: 000305806900002Scopus ID: 2-s2.0-84863095454OAI: oai:DiVA.org:kth-99392DiVA: diva2:542239
Note
QC 20120730Available from: 2012-07-30 Created: 2012-07-30 Last updated: 2017-12-07Bibliographically approved

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