Showing 1 - 10 of 11
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 …
Persistent link: https://www.econbiz.de/10005067475
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 …
Persistent link: https://www.econbiz.de/10005588033
entrepreneurship and economic growth literatures by developing a knowledge spillover theory of entrepreneurship. Knowledge created … endogenously results in knowledge spillovers that give rise to opportunities to be identified and exploited by entrepreneurs. …
Persistent link: https://www.econbiz.de/10005645003
insights have also been gained as to how entrepreneurship, innovation and knowledge are interrelated. Yet, a comprehensive … understanding is still lacking concerning the interface of all of those variables: knowledge, innovation, entrepreneurship and … relationship between knowledge and growth on one hand, and entrepreneurship and growth on the other. Similarly, more profound …
Persistent link: https://www.econbiz.de/10008626062
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
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 …
Persistent link: https://www.econbiz.de/10005504210
insights have also been gained as to how entrepreneurship, innovation and knowledge are interrelated. Yet, a comprehensive … understanding is still lacking concerning the interface of all of those variables: knowledge, innovation, entrepreneurship and … relationship between knowledge and growth on one hand, and entrepreneurship and growth on the other. Similarly, more profound …
Persistent link: https://www.econbiz.de/10010818604
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 …
Persistent link: https://www.econbiz.de/10005765221
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
Knowledge plays a critical role in economic development, still our understanding of how knowledge is created, diffused … viewed knowledge as an exogenous factor. Contemporary current knowledge-based growth models have re-introduced the notion of … the entrepreneur, however stripped of its most typical characteristics, and the diffusion of knowledge is kept exogenous …
Persistent link: https://www.econbiz.de/10005644957