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The process of creative construction: knowledge spillovers, entrepreneurship and economic growth
Agarwal, Rajshree; Audretsch, David B.; Sarkar, MB - 2008
Questioning the underlying assumptions of the process of creative destruction, we conceptualize an alternative process of creative construction that may characterize the dynamics between entrants and incumbents. We discuss the underlying mechanism of knowledge spillover strategic...
Persistent link: https://www.econbiz.de/10010270589
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High growth entrepreneurs, public policies and economic growth
Stam, Erik; Suddle, Kashifa; Hessels, S. Jolanda A.; … - 2007
This paper investigates whether the presence of ambitious entrepreneurs is a more important determinant of national economic growth than entrepreneurial activity in general. We use data from the Global Entrepreneurship Monitor to test the extent to which high growth ambitions of entrepreneurs...
Persistent link: https://www.econbiz.de/10010276971
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The effect of entrepreneurship on national economic growth: an analysis using the GEM database
van Stel, André J.; Carree, Martin A.; Thurik, A. Roy - 2004
The increased importance of knowledge as a source of competitiveness for modern economies suggests that the organization of industries most conducive to innovative activity and unrestrained competition will be linked to higher growth rates. Entrepreneurial activity is generally assumed to be an...
Persistent link: https://www.econbiz.de/10010276936
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The effect of entrepreneurial activity on national economic growth
van Stel, André J.; Carree, Martin A.; Thurik, Roy - 2005
Entrepreneurial activity is generally assumed to be an important aspect of the organization of industries most conducive to innovative activity and unrestrained competition. This paper investigates whether total entrepreneurial activity influences GDP growth for a sample of 36 countries. We test...
Persistent link: https://www.econbiz.de/10010276938
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Types of entrepreneurship and economic growth
Stam, Erik; van Stel, André J. - 2009
In this paper, we empirically investigate the effect of entrepreneurship on economic growth at the country level. We use data from the Global Entrepreneurship Monitor, which provides comparative data on entrepreneurship from a wide range of countries. An important element of this paper is that...
Persistent link: https://www.econbiz.de/10010277035
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The knowledge spillover theory of entrepreneurship and foreign direct investment
Ács, Zoltán J.; Brooksbank, David J.; O'Gorman, Colm; … - 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...
Persistent link: https://www.econbiz.de/10010271769
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Heavyweights - the impact of large businesses on productivity growth
Falck, Oliver - 2007
The idea of an industrial policy that promotes large businesses - heavyweights - as the best way to compete in a globalized world has become, again, en vogue among European politicians. The only apparent controversy about the idea revolves around whether it is better to promote national...
Persistent link: https://www.econbiz.de/10010264240
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Mapping the two faces of R&D: productivity growth in a panel of OECD industries
Griffith, Rachel; Redding, Stephen; Reenen, John Van - 2000
Many writers have claimed that R&D has two 'faces'. In addition to the conventional role of stimulating innovation, R … important in this catch up process as well as stimulating innovation directly. Trade, by contrast, plays a more modest role in …
Persistent link: https://www.econbiz.de/10010330318
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Accumulation, Innovation and Catching-Up: An Extended Cumulative Growth Model
León-Ledesma, Miguel A. - 1999
This paper presents an extended model of cumulative growth in which the effects of innovation and catching-up are … considered. The effect of innovation adds another source of cumulative growth to that of the traditional models and allows for …-Kaldor mechanism, and the induced effect of innovation on export performance, are important cumulative forces that interact with the …
Persistent link: https://www.econbiz.de/10010443328
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ICT Intermediates, Growth and Productivity Spillovers: Evidence from Comparison of Growth Effects inGerman and US Manufacturing Sectors
Strobel, Thomas - 2012
Recent pre-crisis growth accounting exercises attribute strong productivity growth toincreased investments in information and communication technologies (ICT), especiallyduring the mid-1990s. EU-wide stylized facts about a growing US-EU productivity gapare confirmed for Germany, particularly...
Persistent link: https://www.econbiz.de/10010312069