Economic growth is a key issue in economic research and a primary concern in economic policy making. After World War II, Western economies experienced historically high rates of economic growth. However, following the first oil crisis in 1973, a period of stagflation set in and in the 1980s,...

Diese Arbeit trägt zu einem besseren Verständnis der Bedeutung von Kooperationen und Wissensaustausch für den Erfolg innovativer Unternehmen bei. Dabei gründet sie im Wesentlichen auf Josef Alois Schumpeters ‚Theorie der wirtschaftlichen Entwicklung‘ aus dem Jahre 1912. Neuere Theorien,...

In the last twenty-five years, economists have significantly contributed to the development of institutional approach in entrepreneurship research by identifying institutional factors that strengthen entrepreneurship development, which in turn spur economic growth (Urbano, et al., 2018). Despite...