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Demography and Innovative Entrepreneurship

Bönte, Werner; Falck, Oliver; Heblich, Stephan - Max-Planck-Institut für Ökonomik <Jena> - 2007

Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...

Persistent link: https://www.econbiz.de/10005864516

Innovation Networks of High Tech SMES: Creation of Knowledge but no Creation of Value

Winters, Rob; Stam, Erik - Max-Planck-Institut für Ökonomik <Jena> - 2007

This paper analyses the effects of innovation networks on product and pro-cess innovation and sales growth of high … technology SMEs. Innovation net-works are positively related to both product and process innovation, i.e. know-ledge creation …. One exception is the negative effect of innovation networks with suppliers on product innovation. Older SMEs are more …

Persistent link: https://www.econbiz.de/10005864581

Penetrating the Knowledge Filter in "Rust Belt" Economies

Ács, Zoltán; Plummer, Lawrence A.; Sutter, Ryan - Max-Planck-Institut für Ökonomik <Jena> - 2008

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...

Persistent link: https://www.econbiz.de/10005864503

Penetrating the Knowledge Filter in the Rust Belt

Acs, Zoltán J.; Plummer, Lawrence A.; Sutter, Ryan - Max-Planck-Institut für Ökonomik <Jena> - 2007

A new model of economic growth introduces the knowledge filter between new knowledge and economically useful knowledge. It identifies both new ventures and incumbent firms as the mechanisms that penetrate the knowledge filter. Recent empirical work has shown that new firms are more proficient at...

Persistent link: https://www.econbiz.de/10005864529