Carlsson, Bo; Ács, Zoltán J.; Audretsch, David B.; … - 2007
This paper explores the relationship between knowledge creation, entrepreneur-ship, and economic growth in the United …-nerate economic growth via spillovers of knowledge. But the theory does not ex-plain how or why spillovers occur, or why large … investments in R&D do not al-ways result in economic growth. What is missing is "the knowledge filter" - the distinction between …