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Entrepreneurship Capital and Economic Performance
Audretsch, David B.; Keilbach, Max - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004
capital. In this paper we introduce a new factor, entrepreneurship capital, and link it to output in the context of a … production function model. This paper explains what is meant by entrepreneurship capital and why it should influence economic … output. A production function model including several different measures of entrepreneurship capital is then estimated for …
Persistent link: https://www.econbiz.de/10005765247
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Employment Growth and Entrepreneurial Activity in Cities
Acs, Zoltan J.; Armington, Catherine - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004
Recent theories of economic growth have stressed the role of externalities in generating growth. Using data from the Census Bureau that tracks all employers in the whole U.S. private sector economy, we examine the impact of these externalities, as measured by entrepreneurial activity, on...
Persistent link: https://www.econbiz.de/10005765277