entrepreneurship literature is that opportunities are exogenous, the most prevalent theory of innovation in the economics literature … opportunity by developing a knowledge spillover theory of entrepreneurship. The basic argument is that knowledge created … endogenously via R&D results in knowledge spillovers. Such spillovers give rise to opportunities to be identified and exploited by …

surplus from his production. At any time, the novice can leave the relationship with his acquired knowledge and produce on his … structured as an apprenticeship, in which all production generated during training is used to compensate the expert. Knowledge … transfer takes a simple form. In the first period, the expert gifts the novice a positive level of knowledge, which is …

crowding out. Our findings suggest that rewards can improve innovation and creativity, and that there may be a tradeoff between …

being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates the …

The theoretical effects of labour regulations such as employment protection legislation (EPL) on innovation is … technologically advanced innovation. In this paper we find empirical evidence that both effects are at work - multinational … innovation in countries with low EPL. …

characteristics of European inventors, the sources of their knowledge, the importance of formal and informal collaborations, the …

productivity. Education as well as innovation and production require skilled labour as inputs. This and the fact that learning …