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 … entrepreneurship as a mechanism that reduces the knowledge filter. A cross-country regression analysis over the period 1981 …

populations. First, more that demonstrating the importance of cultural diversity for entrepreneurship, we show that the type of …

This paper sheds light on the questions, Why does knowledge spill over? and How does knowledge spill over? The answer … to these questions lies in the incentives confronting scientists to appropriate the expected value of their knowledge … appropriate the value of their knowledge embedded in their human capital along with the incentive structure influencing it and how …

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 …Contemporary theories of entrepreneurship generally focus on the decision-making context of the individual. The …

knowledge. Three long-term outcomes emerge. First, a "Secularization" or "Western-European" regime with declining religiosity …, unimpeded science, a passive Church and high levels of taxes and transfers. Second, a "Theocratic" regime with knowledge …

efficiency; provides further insight into why Open Source Software is a successful model of innovation and development in digital …

We review the role of R&D in endogenous growth theory, and describe extant empirical research – macro and micro …, emphasizes knowledge as an economic object and, more generally, the economics of intellectual property rights. This paper argues …

potential suppliers generate and sell the most suitable innovation. Moreover, procurement by public agencies and large firms … consider a menu of procurement methods and policies for best procuring new knowledge and innovative products, discussing their … the degree of competition between suppliers, as well as other more practical indirect ways to stimulate innovation. We …