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The Knowledge Spillover Theory of Entrepreneurship and Foreign Direct Investment

Acs, Zoltán J.; Brooksbank, David J.; OGorman, Colm; … - Max-Planck-Institut für Ökonomik <Jena> - 2007

We explore if the Knowledge Spillover Theory of Entrepreneurship, applied to FDI, provides at least a partial … explanation for the greater emergence of recent knowledge-based entrepreneurship in Ireland compared with Wales. In order to … examine how FDI and entrepreneurship policy in these two regions might have influenced the levels of knowledge …

Persistent link: https://www.econbiz.de/10005864527

Born Loca l: Two Avenues to Internationalization

Acs, Zoltán J.; Terjesen, Siri - Max-Planck-Institut für Ökonomik <Jena> - 2007

Are firms born Global? Because knowledge spillovers that lead to new venture creation are geographically constrained we believe that firms are born local. It follows that the decision to create sustainable new ventures is independent from the decision to interna-tionalize, even if that is the...

Persistent link: https://www.econbiz.de/10005864585

What is an Entrepreneurial Opportunity?

McMullen, Jeffery S.; Plummer, Lawrence A.; Acs, Zoltán J. - Max-Planck-Institut für Ökonomik <Jena> - 2007

What an entrepreneurial opportunity is and from whence it comes are important issues for understanding how markets function and come into being.In addition to describing the forum held on the topic and summarizing the contributions of the articles that appear in the special issue, this article...

Persistent link: https://www.econbiz.de/10005864641

The Entrepreneurship-Philantrophy Nexus: Nonmarket Source of American Entrepreneurial Capitalism

Acs, Zoltán J.; Audretsch, David; Phillips, Ronnie J.; … - Max-Planck-Institut für Ökonomik <Jena> - 2007

creation of wealth (entrepreneurship) and the reconstitution of wealth (philanthropy). Philanthropy has been part of the …

Persistent link: https://www.econbiz.de/10005864643

Could The Irish Miracle Be Repeated in Hungary?

Acs, Zoltán J.; O’Gorman, Colm; Szerb, Laszlo; … - Max-Planck-Institut für Ökonomik <Jena> - 2005

It is widely recognized that foreign direct investment (FDI) plays an important role ineconomic development. Internationalization theory is used to explore how inward FDIimpacts entrepreneurial activity. Using data from the Global EntrepreneurshipMonitor we find significant differences in...

Persistent link: https://www.econbiz.de/10005864986

The Knowledge Spillover Theory of Entrepreneurship

Acs, Zoltán J.; Audretsch, David B.; Braunerhjelm, Pontus - Max-Planck-Institut für Ökonomik <Jena> - 2005

Contemporary theories of entrepreneurship generally focus on the decision-making context of the individual. The … entrepreneurship literature is that opportunities are exogenous, the most prevalent theory of innovation in the economics literature …

Persistent link: https://www.econbiz.de/10005864991

Penetrating the "Knowledge Filter" in Regional Economies

Plummer, Lawrence A.; Acs, Zoltán J. - Max-Planck-Institut für Ökonomik <Jena> - 2004

New knowledge in the form of products, processes and organizations leads to opportunities that can be exploited commercially. However, converting new ideas into economic growth requires turning new knowledge into economic knowledge that constitutes a commercial opportunity. Acs, Audretsch,...

Persistent link: https://www.econbiz.de/10005865129

Job Creation and Persistence in Services and Manufacturing

Armington, Catherine; Acs, Zoltán J. - Max-Planck-Institut für Ökonomik <Jena> - 2003

An important new literature on gross employment flows has produced a great outpouring of stylized facts. In this paper we examine one aspect of this literature through the lens of dynamic models and theories of industrial evolution. We extend the Davis and Haltiwanger methodology for analysis of...

Persistent link: https://www.econbiz.de/10005865251

The Impact of Geographic Differences inHuman Capital on Service Firm Formation Rates

Acs, Zoltán J.; Armington, Catherine - Max-Planck-Institut für Ökonomik <Jena> - 2004

Although human capital externalities are a key variable in theories of economic growth, there has been little investigation of the mechanism by which these externalities are realized. We examine the relationship between the local levels of human capital and firm formation rates and find that...

Persistent link: https://www.econbiz.de/10005865252

Employment Growth and Entrepreneurial Activity in Cities

Armington, Catherine; Acs, Zoltán J. - Max-Planck-Institut für Ökonomik <Jena> - 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/10005865253

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