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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/10010271750
decrease the relevance of location by creating knowledge clusters and knowledge hubs. A knowledge cluster is a local innovation …With globalisation and knowledge-based production, firms may cooperate on a global scale, outsource parts of their … knowledge seem to invalidate the theory of agglomeration and the spatial clustering of firms, going back to the classical work …
Persistent link: https://www.econbiz.de/10010206387
New knowledge in the form of products, processes and organizations leads to opportunities that can be exploited … commercially. However, converting new ideas into economic growth requires turning new knowledge into economic knowledge that … "knowledge filter" between new knowledge and economic knowledge and identifies both new ventures and incumbent firms as the …
Persistent link: https://www.econbiz.de/10010271747
Malay identity in the construction of the recently founded knowledge city of Cyberjaya, part of the flagship Multimedia …
Persistent link: https://www.econbiz.de/10010327419
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/10010271748
prosperity through knowledge creation. Analyzing philanthropy sheds light on our current understanding of how economic …
Persistent link: https://www.econbiz.de/10010271765
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/10010271766
prosperity through knowledge creation. Analyzing philanthropy sheds light on our current understanding of how economic …
Persistent link: https://www.econbiz.de/10010271768
This paper explores the relationship between knowledge creation, entrepreneur-ship, and economic growth in the United … States over the last 150 years. Accor-ding to the "new growth theory," investments in knowledge and human capital ge …-nerate economic growth via spillovers of knowledge. But the theory does not ex-plain how or why spillovers occur, or why large …
Persistent link: https://www.econbiz.de/10010271771
Malaysia have to re-adjust their development strategies. Governing knowledge for development (K4D) is seen as a way out of the … dilemma of reduced revenues from natural resources. This paper analyses the attempts to create knowledge clusters as a … strategy to move Brunei and Malaysia towards knowledge-based economies. Our study shows that several knowledge clusters have …
Persistent link: https://www.econbiz.de/10010260377