A new model of economic growth introduces the knowledge filter between new generic knowledge and economically …-useful knowledge. It identifies both the formation of new ventures and the absorptive capacity of incumbent firms as the mechanisms … that penetrate the knowledge filter. Recent empirical work has shown that new firms are more proficient at penetrating the …

A new model of economic growth introduces the knowledge filter between new knowledge and economically useful knowledge …. It identifies both new ventures and incumbent firms as the mechanisms that penetrate the knowledge filter. Recent … empirical work has shown that new firms are more proficient at penetrating the knowledge filter than are incumbent firms …

special focus on entrepreneurship and innovation. South Saxony has a long history of self-employment and knowledge generation …We describe and compare the development trajectories of two German regions, South Saxony and Mecklenburg, with a … that results in a persistent culture of innovative entrepreneurship. In Mecklenburg, such a culture did never emerge …

Entrepreneurship is considered to be an important mechanism for economic development through employment, innovation and … development, the factor-driven stage, the efficiency-driven stage and the innovation-driven stage. Second, to examine the … empirical evidence on the relationship between stages of economic development and entrepreneurship. Third, to present a summary …

innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth …-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal …

-64 years old. A more detailed analysis of the working-age distribution suggests that startups in knowledge-based (high …

years old. A more detailed analysis of the working-age distribution suggests that startups in knowledge-based (high …

and in knowledge-intensive service industries make a larger direct contribution to employment than start-ups affiliated … with other industries. We also find a relatively strong overall effect of new business formation in knowledge … discuss the implications for entrepreneurship policy that can be derived from our findings. …

In this study, we quantify the role of foreign-born founders in high-tech entrepreneurship in a nationally …

development in the start-ups. The analysis is performed for West German regions over the 1984-2002 period. It shows that the …