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Entrepreneurship capital and economic growth

Audretsch, David B. - In: INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH (2009) 15, pp. 27-45

This paper shows how and why the Solow growth accounting framework is useful for linking entrepreneurship capital to … knowledge investments on economic growth. By serving as a conduit for knowledge spillovers, entrepreneurship is the missing link … between investments in new knowledge and economic growth. Entrepreneurship is an important mechanism permeating the knowledge …

Persistent link: https://www.econbiz.de/10010841075

Religion, social class, and entrepreneurial choice

Audretsch, David B.; Bönte, Werner; Tamvada, … - In: Journal of Business Venturing 28 (2013) 6, pp. 774-789

While considerable concern has emerged about the links between religion and economic growth, little is actually known about how religion and social class impact the decision making of individuals. Using institutional theory and social dominance theory, this paper examines the influence of...

Persistent link: https://www.econbiz.de/10011040322

Financial signaling by innovative nascent ventures: The relevance of patents and prototypes

Audretsch, David B.; Bönte, Werner; Mahagaonkar, Prashanth - In: Research Policy 41 (2012) 8, pp. 1407-1421

External finance is a central issue for innovative nascent ventures. In this study, we argue that innovative nascent ventures may use patents to signal appropriability and prototypes to signal feasibility to potential investors. Using new data on 906 nascent ventures, we find that nascent...

Persistent link: https://www.econbiz.de/10011046471

Regional Appropriation of University-Based Knowledge and Technology for Economic Development

Audretsch, David B.; Leyden, Dennis P.; Link, Albert N. - In: Economic Development Quarterly 27 (2013) 1, pp. 56-61

Economic development practitioners and scholars recognize the link between universities and regional economic development. It is predicated on the spillover of knowledge from universities to commercialization. The literature has focused on the supply side, which involves university research and...

Persistent link: https://www.econbiz.de/10011138080

Knowledge spillovers in biotechnology: sources and incentives

Audretsch, David B.; Stephan, Paula E. - In: Journal of Evolutionary Economics 9 (1999) 1, pp. 97-107

This paper sheds light on the questions, Why does knowledge spill over? and How does knowledge spill over? The answer to these questions we suggest lies in the incentives confronting scientists to appropriate the expected value of their knowledge considered in the context of their path-dependent...

Persistent link: https://www.econbiz.de/10005760567

Capitalism and democracy in the 21st Century: from the managed to the entrepreneurial economy*

Audretsch, David B.; Thurik, A. Roy - In: Journal of Evolutionary Economics 10 (2000) 1, pp. 17-34

This paper explains how and why the developed countries are undergoing a fundamental shift away from a managed economy and towards an entrepreneurial economy. This shift is shaping the development of western capitalism and has triggered a shift in government policies away from constraining the...

Persistent link: https://www.econbiz.de/10005169499

Financing High-Tech Growth: The Role Of Banks And Venture Capitalists

Audretsch, David B.; Lehmann, Erik E. - In: Schmalenbach Business Review (sbr) 56 (2004) 4, pp. 340-357

Using a data set of the firms listed on the Neuer Markt in Germany, we demonstrate that venture-backed firms differ from firms with other financial resources, especially debt. Thus, the results of this study support the hypothesis that small and innovative firms are more likely to be financed by...

Persistent link: https://www.econbiz.de/10005690233

Corporate Governance and Entrepreneurial Firms

Audretsch, David B.; Lehmann, Erik E. - In: Foundations and Trends(R) in Entrepreneurship 10 (2014) 1-2, pp. 1-160

Although topics in corporate governance have been present in literature for almost a century, most of the theoretical and empirical work has focused on large and public companies, or the "<italic>Berle-Means-Corporation</italic>" in which fragmented ownership, caused by the separation of ownership and control,...

Persistent link: https://www.econbiz.de/10010990890

La nuova organizzazione industriale :dalla economia gestita all'economia imprenditoriale

Audretsch, David B.; Thurik, Adriaan R. - In: L' Industria : rivista di economia e politica … 20 (1999) 4, pp. 637-656

Persistent link: https://www.econbiz.de/10001472580