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industrial dynamics, articulates the role and function of entrepreneurial experimentation in innovation systems. This paper … develops the concept of "entrepreneurial systems of innovation" to address this gap in the literature. We argue that … conceptualized in terms of its function in innovation systems rather than as an outcome. At the systems level, the central function …
Persistent link: https://www.econbiz.de/10011621226
industrial dynamics, articulates the role and function of entrepreneurial experimentation in innovation systems. This paper … develops the concept of "entrepreneurial systems of innovation" to address this gap in the literature. We argue that … conceptualized in terms of its function in innovation systems rather than as an outcome. At the systems level, the central function …
Persistent link: https://www.econbiz.de/10011917030
, emphasizing the regularities in the time paths of entry of new producers, exit of incumbent firms, spin-offs and innovation. His …
Persistent link: https://www.econbiz.de/10012953326
Contemporary theories of entrepreneurship generally focus on the recognition of opportunities and the decision to exploit them. While the prevailing view in the entrepreneurship literature is that opportunities are exogenous, the most prevalent theory of economic growth suggests that...
Persistent link: https://www.econbiz.de/10005645003
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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...
Persistent link: https://www.econbiz.de/10005865018
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