innovating on its own technology level -- innovation being more skilled-intensive than imitation. I develop a growth model based … that there exists a constant level of skilled and unskilled human capital in the imitation-only and innovation-only regimes …. In the imitation-innovation regime stock of skilled human capital rises whereas that of unskilled human capital falls in …

leaving paid employment for self-employment. We think, that this is a special kind of knowledge spillover. We also control for …

The paper contributes to the interpretation of entrepreneurship based on the effect of knowledge and the cultural …. Knowledge creation does not affect entrepreneurship rates, as its impact on entrepreneurship is long-lasting (it could reach … more or less 10 years) and not a short-term one. Simultaneously, knowledge impact affects negatively the self …