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The neoclassical model of the production function, as applied by Robert Solow to build the neoclassical model of growth, linked labor and capital to output. More recently, Romer and others have expanded the model to include measures of knowledge capital. In this paper we introduce a new factor,...
Persistent link: https://www.econbiz.de/10010297675
Whereas initially physical capital and later, knowledge capital were viewed as crucial for growth, more recently a very different factor, entrepreneurship capital, has emerged as a dri-ving force of economic growth. In this paper, we define a region's capacity to create new firms start-ups as...
Persistent link: https://www.econbiz.de/10010263827
Persistent link: https://www.econbiz.de/10010270585
The literature focusing on the geography of entrepreneurship has developed some-thing of a schizophrenic approach. On the one hand is a series of studies, which have tried to identify characteristics specific to particular regions that account for inter-spatial variations in entrepreneurship. On...
Persistent link: https://www.econbiz.de/10011279540
Persistent link: https://www.econbiz.de/10003554106
We investigate what determines regions' entrepreneurial behavior and the impact of it on regional economic performance. We argue that economic knowledge differs not only from traditional factors of production due to its public goods characteristic but it is also uncertain. In that perspective,...
Persistent link: https://www.econbiz.de/10011280375
The literature focusing on the geography of entrepreneurship has developed something of a schizophrenic approach. On the one hand is a series of studies, which have tried to identify characteristics specific to particular regions that account for inter-spatial variations in entrepreneurship. On...
Persistent link: https://www.econbiz.de/10010261498
The literature focusing on the geography of entrepreneurship has developed something of a schizophrenic approach. On the one hand is a series of studies, which have tried to identify characteristics specific to particular regions that account for inter-spatial variations in entrepreneurship. On...
Persistent link: https://www.econbiz.de/10002261239
The neoclassical model of the production, as applied by Robert Solow to built the neoclassical model of growth, linked labor and capital to output. More recently, Romer and others have expanded the model to include measures of knowledge capital. In this paper we introduce a new factor,...
Persistent link: https://www.econbiz.de/10001994075
Persistent link: https://www.econbiz.de/10001735366