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We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with … balanced growth path (BGP) allocations and the equilibrium of interest. Second, we stipulate the form of the innovation … circumstances in which there is either too much or too little innovation in (i) the ith region, (ii) the aggregate economy of N>2 …
Persistent link: https://www.econbiz.de/10011491971
Being a "jack-of-all-trades" increases the probability of running an entrepreneurial venture successfully; but what happens to "jack-of-few-trades" who lack sufficient skills? This paper investigates a possible compensation mechanism between balanced skills and cities, and how this compensatory...
Persistent link: https://www.econbiz.de/10009723599
knowledge of new inventors effect the performance of regional innovation systems (RIS). The results suggest that the knowledge … considerable number of incumbent inventors discontinue. We estimate the persistence of knowledge in regional inventor networks … using alternative assumptions about knowledge transfer. Based on these estimates we analyze how the size and structure of a …
Persistent link: https://www.econbiz.de/10011904394
We focus on both individual and local uncertainty to explain the innovation potential of entrepreneurs in the NUTS1 UK … choices are truncated is taken as a determinant of an entrepreneur's innovation decision. GEM (Global Entrepreneurship Monitor … determinant of individual entrepreneurial choice. The regional effect appears to amount to about 4% of the innovation differences …
Persistent link: https://www.econbiz.de/10012119250
Persistent link: https://www.econbiz.de/10001552723
Persistent link: https://www.econbiz.de/10003856416
We investigate the role played by different fields of academic knowledge and various types of higher education … different indicators for these types of knowledge, the strongest effects are found for the number of professors, followed by the … the regional knowledge stock than the number of students that is most important for the emergence of innovative stat-ups. …
Persistent link: https://www.econbiz.de/10010342539
Persistent link: https://www.econbiz.de/10010245001
While a market economy seeks equilibrium, a knowledge-based economy may upset this tendency towards stabilization by … innovation, and institutional control can be captured with a generalized Triple Helix model. We propose to use the mutual … Netherlands are tested: medium-tech manufacturing is the main driver of a knowledge-based configuration in a regional economy …
Persistent link: https://www.econbiz.de/10003063968
We investigate the contribution of different inputs, particularly different knowledge sources, on regional patenting … output in the framework of a knowledge production function. The knowledge sources included are R&D employment, size of public … departments, German Science Foundation (DFG), and from other sources. The contribution of these knowledge sources is tested …
Persistent link: https://www.econbiz.de/10003064446