A large and still growing body of literature suggests that entrepreneurship is of exceptional importance in explaining regional specific efficiencies of knowledge spillovers. Although quantifying the impact of entrepreneurial activity for economic growth is an interesting issue -- particularly...

This contribution is concerned with efficient use of a resources if households are characterized by Stone-Geary preferences with a minimum subsistence level of consumption. We provide a closed form solution for the case of Cobb-Douglas production with constant returns to scale in reproducible...

In the introductory chapter it has been laid out, that knowledge as an input factor of production exhibits a strong influence on economic development. The increasing knowledge intensity in the globalised economy needs to focus on the determinants of the "knowledge based society". Two major...