Knowledge is recognized as a crucial element of economic growth in addition to physical capital and labor. Knowledge …, identify, and exploit knowledge depends on the existing knowledge stock and the absorptive capacity of actors such as employees … at firms and researchers at universities and research institutions. The existing knowledge stock might not be …

This paper is concerned with the relationship between innovative success of entrepreneurs and their prior knowledge at … evidence that the innovative success subsequent to firm formation is enhanced by entrepreneur's prior technological knowledge … but not by prior market and organizational knowledge. Moreover we find that prior technological knowledge gathered through …