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opportunity by developing a knowledge spillover theory of entrepreneurship. The basic argument is that knowledge created … entrepreneurs. Our results show that there is a strong relationship between knowledge spillovers and new venture creation. …Contemporary theories of entrepreneurship generally focus on the decision-making context of the individual. The …
Persistent link: https://www.econbiz.de/10005067475
entrepreneurship as a mechanism that reduces the knowledge filter. A cross-country regression analysis over the period 1981 …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 …
Persistent link: https://www.econbiz.de/10005504210
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 …
Persistent link: https://www.econbiz.de/10011262883
. Entrepreneurs decide the number of layers of management and the knowledge and span of control of each agent. As a result, in the … mechanism, we develop a theory of an economy where firms with heterogeneous demands use labor and knowledge to produce …
Persistent link: https://www.econbiz.de/10009246600
proportion of knowledge workers in employment, depending on the response of the overall demand for knowledge to the implied … reduction in the cost of acquiring it. In my model, knowledge (in a broad sense) is an input into the production function of … knowledge input in the production of human capital. An improvement in IT is modelled as an increase in the number of people who …
Persistent link: https://www.econbiz.de/10005791349
consider a menu of procurement methods and policies for best procuring new knowledge and innovative products, discussing their …
Persistent link: https://www.econbiz.de/10005791875
of knowledge and technology in economic growth. …
Persistent link: https://www.econbiz.de/10005792232
This Paper develops a model of economic growth and activity locating endogenously on a 3-dimensional featureless global geography. The same economic forces influence simultaneously growth, convergence, and spatial agglomeration and clustering. Economic activity is not concentrated on discrete...
Persistent link: https://www.econbiz.de/10005136721
Digital goods are bit strings, sequences of 0s and 1s, that have economic value. They are distinguished from other goods by five characteristics: digital goods are non-rival, infinitely expansible, discrete, aspatial, and recombinant. The New Economy is one where the economics of digital goods...
Persistent link: https://www.econbiz.de/10005067419
, emphasizes knowledge as an economic object and, more generally, the economics of intellectual property rights. This paper argues …
Persistent link: https://www.econbiz.de/10005497933