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 … not explain how or why spillovers occur. The missing link is the mechanism converting knowledge into economically relevant …

and antitrust towards a new set of enabling policies which foster the creation and commercialization of new knowledge. The …

entrepreneurship literature is that opportunities are exogenous, the most prevalent theory of innovation in the economics literature … opportunity by developing a knowledge spillover theory of entrepreneurship. The basic argument is that knowledge created … endogenously via R&D results in knowledge spillovers. Such spillovers give rise to opportunities to be identified and exploited by …

The role of product innovations is growing in the world economy, and the EU and the US are key players here. The … can offer a broad analysis of product innovation dynamics in Europe which should be the basis for not only better supply … communication in relation to product innovation dynamics. Moreover, the approach provides new important arguments in favor of the …

capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …

development. It is predicated on the spillover of knowledge from universities to commercialization. The literature has focused on … demand for university-based knowledge and university-developed technology. We identify links between businesses and the … university as a key conduit facilitating the spillover of knowledge using data on the Department of Energy’s Small Business …

The purpose of this paper is to identify and unravel the disparate views toward innovation prevalent within the … thinking about the economy in general and the role of entrepreneurship and innovation in particular, not only shape how … innovation and entrepreneurial activity are valued, but also the overall policy debate concerning innovation and entrepreneurship …

and innovation within the German economy. …