This paper investigates the role of knowledge for successful entrepreneurship. The paper explicitly discusses the role of accessibility to university and company R&D for new firm formation. Company R&D is assumed to contain a higher share of R&D directed towards generating technological...

This paper uses individual-level data from the Swedish 2011 Global Entrepreneurship Monitor (GEM) to investigate differences with respect to individual characteristics associated with independent entrepreneurs (nascent entrepreneurship and new business ownership) and entrepreneurial employees....