Knowledge spillover entrepreneurship in an endogenous growth model

We present a model that separates entrepreneurship from profit-motivated corporate R&D aimed at improving existing production processes. Our model embeds the core idea of the knowledge spillover theory of entrepreneurship in established knowledge-based growth models by enriching their knowledge...

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Veröffentlicht in:	Small business economics 2013-12, Vol.41 (4), p.775-795
Hauptverfasser:	Acs, Zoltan J., Sanders, Mark W. J. L.
Format:	Artikel
Sprache:	eng
Schlagworte:	Business and Management Business structures Economic activity Economic growth Economic growth models Economic rent Economic theory Endogenous growth Entrepreneurs Entrepreneurship Equilibrium Externality Final goods Growth models Incentives Industrial Organization Information sharing Innovations Knowledge Management Market equilibrium Microeconomics Neutrality Productivity R&D Research & development Research & development expenditures Research and development Small business Spillovers Steady state economies Studies Technological innovation
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