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Foundations of High Impact Entrepreneurship

Acs, Zoltan J. - Wirtschaftswissenschaftliche Fakultät, … - 2008

This survey reviews the theoretical literature on high impact entrepreneurship. The survey is guided in part by the … recent classification changes at the Journal of Economic Literature (JEL) regarding entrepreneurship. The board voted to … create a new classification code, L26, for entrepreneurship. The JEL intends to use this code for all articles and books that …

Persistent link: https://www.econbiz.de/10004970272

Intellectual Property Rights and the Knowledge Spillover Theory of Entrepreneurship

Acs, Zoltan J.; Sanders, Mark - Wirtschaftswissenschaftliche Fakultät, … - 2008

generate new knowledge. This has a positive impact on entrepreneurship and innovation. However, after some point, further … strengthening patent protection will reduce the returns to entrepreneurship sufficiently to reduce overall economic growth. …

Persistent link: https://www.econbiz.de/10005090472

Penetrating the Knowledge Filter in the Rust Belt

Acs, Zoltan; Plummer, Lawrence A.; Sutter, Ryan - Wirtschaftswissenschaftliche Fakultät, … - 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/10005090542

Demography and Innovative Entrepreneurship

Bönte, Werner; Falck, Oliver; Heblich, Stephan - Wirtschaftswissenschaftliche Fakultät, … - 2007

Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...

Persistent link: https://www.econbiz.de/10005090571

Financial Signaling by Innovative Nascent Entrepreneurs

Audretsch, David B.; Bönte, Werner; Mahagaonkar, Prashanth - Wirtschaftswissenschaftliche Fakultät, … - 2009

External finance is central for nascent entrepreneurs, people in the process of starting new ventures. We argue that nascent entrepreneurs use patents and prototypes in order to signal their ability to appropriate the returns from their innovation as well as the project's feasibility. Our...

Persistent link: https://www.econbiz.de/10005090597

Penetrating the Knowledge Filter in "Rust Belt" Economies

Acs, Zoltan; Plummer, Lawrence A.; Sutter, Ryan - Wirtschaftswissenschaftliche Fakultät, … - 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/10005090606

The global entrepreneurship index (GEINDEX)

Ács, Zoltán J.; Szerb, László - Wirtschaftswissenschaftliche Fakultät, … - 2009

This paper constructs a Global Entrepreneurship Index (GEINDEX) that captures the contextual feature of … entrepreneurship across countries. We find the relationship between entrepreneurship and economic development to be mildly S-shaped not … U-shaped or L-shaped. Our findings suggest moving away from simple measures of entrepreneurship across countries …

Persistent link: https://www.econbiz.de/10005032006

Exploration and Exploitation - The Role of Entrepreneurship and R+D in the Process of Innovation

Keilbach, Max; Sanders, Mark - Wirtschaftswissenschaftliche Fakultät, … - 2007

stable non trivial allocation of labor to production, innovation and entrepreneurship. We compute the steady state allocation … of labor to production, R+D and Entrepreneurship. We show that the innovation rate decreases if one of the innovative …

Persistent link: https://www.econbiz.de/10005032031