job creation, expansion and innovation activities for up to 40 months after business formation. Using self … innovation and expansion activities. In a next step, we examine three underlying motivational categories that we term opportunity …, career ambition, and necessity. We show that individuals driven by opportunity motives perform better in terms of innovation …

well as growthoriented outcomes such as job creation and innovation. We find statistically significant and economically … stronger when focusing on the growth-oriented outcome of innovation. Furthermore, we observe that generalized self-efficacy is …

Research and development is seen as a key contributor to growth because it generates knowledge, leading to new or … improved products through product innovation, and makes firms more efficient at producing goods through process innovation … relationship between productivity growth, innovation and digital technology adoption plays out is particularly important for the …

highly-developed innovation profiles. Analysis of the prerequisites for knowledge-based growth indicates that transition … eastern Europe, the Caucasus and Central Asia, in order to identify which countries have established a knowledge-based growth … by the working paper measure up according to traditional innovation input and output indicators. But the major part of …

and in knowledge-intensive service industries make a larger direct contribution to employment than start-ups affiliated … with other industries. We also find a relatively strong overall effect of new business formation in knowledge …