entrepreneurship literature is that opportunities are exogenous, the most prevalent theory of innovation in the economics literature … opportunity by developing a knowledge spillover theory of entrepreneurship. The basic argument is that knowledge created … endogenously via R&D results in knowledge spillovers. Such spillovers give rise to opportunities to be identified and exploited by …

We investigate the contribution of different inputs, particularly different knowledge sources, on regional patenting … output in the framework of a knowledge production function. The knowledge sources included are R&D employment, size of public … departments, German Science Foundation (DFG), and from other sources. The contribution of these knowledge sources is tested …

Setting up an innovative new firm is a way of commercializing knowledge. The paper gives an overview of the extent of … new firm formation in knowledge intensive and in innovative German industries and their development. The founding of a new …

knowledge, which ascribe important societal functions to competition. In his later works, he has elaborated his view that …

This paper identifies the varieties and dynamics of service economies in Europe, analysing the role of knowledge base … plays a prominent role, while heterogeneity is driven by uneven knowledge bases and innovative efforts. …

We assess the efficiency of regional innovation systems (RIS) in Germany by means of a knowledge production function … efficiency of its innovation system is inversely u-shaped. Regions dominated by large establishments tend to be less efficient …

drive innovation. …

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 …

New knowledge in the form of products, processes and organizations leads to opportunities that can be exploited … commercially. However, converting new ideas into economic growth requires turning new knowledge into economic knowledge that … "knowledge filter" between new knowledge and economic knowledge and identifies both new ventures and incumbent firms as the …

learningbydoing and organizational forgetting in R&D on firms' incentives to innovate. A dynamic step-by-step innovation model with … history dependency is developed. Firms can accumulate knowledge by investing in R&D. As a benchmark without knowledge … experience by performing R&D the resulting effect of knowledge induces technological leaders to rest on their laurels which …