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The resource theory of the firm implies that knowledge is a key resource bestowing a competitive advantage for entrepreneurial firms. However, it remains rather unclear up to now, how new ventures and small business can access knowledge resources. The purpose of this paper is to suggest two...
Persistent link: https://www.econbiz.de/10005791678
This paper documents that a process of industrial restructuring has been transforming the developed economies, where large corporations are accounting for less economic activity and small firms are accounting for a greater share of economic activity. Not all countries, however, are experiencing...
Persistent link: https://www.econbiz.de/10005791840
knowledge from the source creating it to the firm actually commercializing the new ideas. In this paper, entrepreneurship is … identified as one such mechanism facilitating the spillover of knowledge. Using a panel of entrepreneurship data for 18 countries …
Persistent link: https://www.econbiz.de/10005792084
What determines the quality of entrepreneurs? To address this question, the paper proposes a simple model of the interaction between individual workers’ decision to become entrepreneurs and established firms’ effort to keep their best workers and ideas. The main prediction from the model is...
Persistent link: https://www.econbiz.de/10005792326
We document that the fraction of entrepreneurs who work in the region where they were born is significantly higher than the corresponding fraction for dependent workers. This difference is more pronounced in more developed regions and positively related to the degree of local financial...
Persistent link: https://www.econbiz.de/10005656430
period 1998-2005. Departing from the knowledge spillover theory of entrepreneurship, the focus of our analysis is on the role … opportunities for entrepreneurship than other regions. Moreover, while sectoral diversity tends to dampen new firm foundation … diversity of people is more conducive to entrepreneurship than the diversity of firms. We conclude that regions characterized by …
Persistent link: https://www.econbiz.de/10005661745