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Penetrating the Knowledge Filter in "Rust Belt" Economies

Ács, Zoltán; Plummer, Lawrence A.; Sutter, Ryan - Max-Planck-Institut für Ökonomik <Jena> - 2008

A new model of economic growth introduces the knowledge filter between new generic knowledge and economically-useful knowledge. It identifies both the formation of new ventures and the absorptive capacity of incumbent firms as the mechanisms that penetrate the knowledge filter. Recent empirical...

Persistent link: https://www.econbiz.de/10005864503

Creating Strategic Advantage through EntrepreneurialGovernance in New Ventures

Audretsch, David B.; Lehmann, Erik; Plummer, Lawrence A. - Max-Planck-Institut für Ökonomik <Jena> - 2007

An important literature has made a fundamental link between corporate governanceand corporate strategy. According to agency theory, assigning managersstock 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/10005864514

The Knowledge Spillover Theory of Entrepreneurship and Foreign Direct Investment

Acs, Zoltán J.; Brooksbank, David J.; OGorman, Colm; … - Max-Planck-Institut für Ökonomik <Jena> - 2007

We explore if the Knowledge Spillover Theory of Entrepreneurship, applied to FDI, provides at least a partial … explanation for the greater emergence of recent knowledge-based entrepreneurship in Ireland compared with Wales. In order to … examine how FDI and entrepreneurship policy in these two regions might have influenced the levels of knowledge …

Persistent link: https://www.econbiz.de/10005864527

Penetrating the Knowledge Filter in the Rust Belt

Acs, Zoltán J.; Plummer, Lawrence A.; Sutter, Ryan - Max-Planck-Institut für Ökonomik <Jena> - 2007

A new model of economic growth introduces the knowledge filter between new knowledge and economically useful knowledge. It identifies both new ventures and incumbent firms as the mechanisms that penetrate the knowledge filter. Recent empirical work has shown that new firms are more proficient at...

Persistent link: https://www.econbiz.de/10005864529

The Knowledge Filter, Entrepreneurship, and Economic Growth

Carlsson, Bo; Acs, Zoltán J.; Audretsch, David B.; … - Max-Planck-Institut für Ökonomik <Jena> - 2007

This paper explores the relationship between knowledge creation, entrepreneur-ship, and economic growth in the United … general knowledge and economically useful knowledge. Also missing is a mechanism (such as entrepreneurship) converting …

Persistent link: https://www.econbiz.de/10005864531

The Localization of Entrepreneurship Capital - Evidence from Germany -

Audretsch, David B.; Keilbach, Max - Max-Planck-Institut für Ökonomik <Jena> - 2007

different factor, entrepreneurship capital, has emerged as a dri-ving force of economic growth. In this paper, we define a … regions capacity to create new firms start-ups as the regions entrepreneurship capital. We then investigate the local … knowledge-based entrepreneurship capital is driven by local levels of knowledge creation and the acceptance of new ideas …

Persistent link: https://www.econbiz.de/10005864584

What is an Entrepreneurial Opportunity?

McMullen, Jeffery S.; Plummer, Lawrence A.; Acs, Zoltán J. - Max-Planck-Institut für Ökonomik <Jena> - 2007

What an entrepreneurial opportunity is and from whence it comes are important issues for understanding how markets function and come into being.In addition to describing the forum held on the topic and summarizing the contributions of the articles that appear in the special issue, this article...

Persistent link: https://www.econbiz.de/10005864641

The Knowledge Filter and Economic Growth: The Role of Scientist Entrepreneurship

Audretsch, David B.; Aldridge, Taylor; Oetti, Alexander - Max-Planck-Institut für Ökonomik <Jena> - 2005

This study examines the prevalence and determinants of the commercialization of research by university scientists funded by grants from the National Cancer Institute (NCI). Because the two publicly available modes of scientist commercialization - patents and Small Business Innovation Research...

Persistent link: https://www.econbiz.de/10005864962

The Knowledge Spillover Theory of Entrepreneurship

Acs, Zoltán J.; Audretsch, David B.; Braunerhjelm, Pontus - Max-Planck-Institut für Ökonomik <Jena> - 2005

Contemporary theories of entrepreneurship generally focus on the decision-making context of the individual. The … entrepreneurship literature is that opportunities are exogenous, the most prevalent theory of innovation in the economics literature …

Persistent link: https://www.econbiz.de/10005864991

The Economics of Entrepreneurship: What We Know and What we Don't

Parker, Simon C. - Max-Planck-Institut für Ökonomik <Jena> - 2005

entrepreneurship. It is designed primarily to showcase to young entrepreneurship scholars several interesting research questions and a …

Persistent link: https://www.econbiz.de/10005864997