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 …

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. …

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

"Chen and Dahlman assess the effects of knowledge on economic growth. By using an array of indicators, each of which … represents an aspect of knowledge, as independent variables in cross-section regressions that span 92 countries for the period … 1960 to 2000, they show that knowledge is a significant determinant of long-term economic growth. In particular, the …

innovation-driven economy. Part 2 describes the policies to be implemented in key areas of the knowledge economy: governance … improved their global competitiveness by taking the first steps in the direction of the knowledge economy. The World Bank Group … entrepreneurial economies, preparing a better-educated and skilled population, improving capabilities for innovation and research, and …

, emphasizes knowledge as an economic object and, more generally, the economics of intellectual property rights. This paper argues …

The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge … and human capital endogenously generate economic growth through the spillover of knowledge. Endogenous growth theory does … not explain how or why spillovers occur. The missing link is the mechanism converting knowledge into economically relevant …