Plummer, Lawrence A.; Acs, Zoltan J. - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004
knowledge. Our results support the contention that new venture creation is a superior method of penetrating the regional … mechanism that reduces the knowledge filter and increases regional growth. This paper tests the hypotheses that new venture … creation is a better mechanism than the absorptive capacity of incumbent firms for converting new knowledge into economic …