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The Spatial Diffusion of a Knowledge Base-Laser Technology Research in West Germany, 1960-2005

Fritsch, Michael; Medrano, Luis F. - Wirtschaftswissenschaftliche Fakultät, … - 2010

We analyze the spatial diffusion of knowledge in laser technology in West Germany from 1960, when this technology began … of laser knowledge was especially prevalent in large agglomerations. While we cannot detect knowledge spillovers from … research later, indicating the accumulation of knowledge generated in previous periods. Our results highlight the role of a …

Persistent link: https://www.econbiz.de/10008511324

What determines the efficiency of regional innovation systems?

Fritsch, Michael; Slavtchev, Viktor - Wirtschaftswissenschaftliche Fakultät, … - 2007

We assess the efficiency of regional innovation systems (RIS) in Germany by means of a knowledge production function … the efficiency of its innovation system is inversely u-shaped. Regions dominated by large establishments tend to be less …

Persistent link: https://www.econbiz.de/10005090473

Creating Strategic Advantage through Entrepreneurial Governance in New Ventures

Audretsch, David B.; Lehmann, Erik E.; Plummer, Lawrence A. - Wirtschaftswissenschaftliche Fakultät, … - 2007

An important literature has made a fundamental link between corporate governance and corporate strategy. According to agency theory, assigning managers stock options aligns their interests with the interests of the owners of the firm. This paper suggests that this may not apply in the context of...

Persistent link: https://www.econbiz.de/10005090583

Balanced Skills and the City: An Analysis of the Relationship between Entrepreneurial Skill Balance, Thickness and Innovation

Bublitz, Elisabeth; Fritsch, Michael; Wyrwich, Michael - Wirtschaftswissenschaftliche Fakultät, … - 2013

Being a "jack-of-all-trades" increases the probability of running an entrepreneurial venture successfully; but what happens to "jack-of-few-trades" who lack sufficient skills? This paper investigates a possible compensation mechanism between balanced skills and cities, and how this compensatory...

Persistent link: https://www.econbiz.de/10010884449

Occupational Choice and Self-Employment - Are They Related?

Sorgner, Alina; Fritsch, Michael - Wirtschaftswissenschaftliche Fakultät, … - 2013

Often, a person will become an entrepreneur only after a period of dependent employment, suggesting that occupational choices precede entrepreneurial choices. We investigate the relationship between occupational choice and self-employment. The findings suggest that the occupational choice of...

Persistent link: https://www.econbiz.de/10010884450

Bohemians, Human Capital, and Regional Economic Growth

Falck, Oliver; Fritsch, Michael; Heblich, Stephan - Wirtschaftswissenschaftliche Fakultät, … - 2009

An emerging literature on the geography of bohemians argues that a region's lifestyle and cultural amenities explain, at least partly, the unequal distribution of highly qualified people across space, which in turn, explains geographic disparities in economic growth. However, to date, there has...

Persistent link: https://www.econbiz.de/10005007665

Stepping Forward: Personality Traits, Choice of Profession, and the Decision to Become Self-Employed

Fritsch, Michael; Sorgner, Alina - Wirtschaftswissenschaftliche Fakultät, … - 2013

We argue that entrepreneurial choice proceeds in at least in two steps, with vocational choice nearly always preceding choice of employment status, whether that be self-employment or dependent employment. Since the two decisions are interrelated, analysis of entrepreneurial choice as a single...

Persistent link: https://www.econbiz.de/10010602468

The Skill Balancing Act: Determinants of and Returns to Balanced Skills

Bublitz, Elisabeth; Noseleit, Florian - Wirtschaftswissenschaftliche Fakultät, … - 2011

Entrepreneurs are found to have balanced skill sets and most have worked in small firms before starting their own business. In light of this, we compare the skill sets of employees working in businesses of different size to the skill sets of entrepreneurs using a rich data set on the applied...

Persistent link: https://www.econbiz.de/10009131067

The Knowledge Filter, Entrepreneurship, and Economic Growth

Carlsson, Bo; Acs, Zoltan J.; Audretsch, David B.; … - Wirtschaftswissenschaftliche Fakultät, … - 2007

This paper explores the relationship between knowledge creation, entrepreneurship, and economic growth in the United … States over the last 150 years. According to the "new growth theory", investments in knowledge and human capital generate … economic growth via spillovers of knowledge. But the theory does not explain how or why spillovers occur, or why large …

Persistent link: https://www.econbiz.de/10005090491

Ready to Leave the Ivory Tower? - Academic Scientists' Appeal to Work in the Private Sector

Fritsch, Michael; Krabel, Stefan - Wirtschaftswissenschaftliche Fakultät, … - 2009

In this study we investigate the factors that shape the attitudes of scientists toward starting their own business or working in a private sector firm. The analysis is based on data collected from scientists working in the German Max Planck Society, a research institution devoted to basic...

Persistent link: https://www.econbiz.de/10004964128