Acs, Zoltan; Sanders, Mark - In: Small Business Economics 41 (2013) 4, pp. 775-795
production processes. Our model embeds the core idea of the knowledge spillover theory of entrepreneurship in established … knowledge-based growth models by enriching their knowledge spillover structure. Introducing knowledge spillovers drives a wedge … between the optimal and market allocation of resources between new knowledge creation and commercialization. We show the first …