By serving as a conduit for knowledge spillovers, entrepreneurship is the missing link between investments in new knowledge and economic growth. The knowledge spillover theory of entrepreneurship provides not just an explanation of why entrepreneurship has become more prevalent as the factor of...

This study finds thatentrepreneurialsuccess varies systematically and predictably with characteristics specific tothe firm, industry, and location. The Entrepreneurial Performance Hypothesisposits that the performance of knowledge-based startups should be superior whenthey are able to access...

Competition-based policy programs are an external steering mechanism to create beneficial outcomes for societies that are also entering the Continental European higher education landscape. The Excellence Initiative in Germany was aiming to enhance research quality, international visibility and...

This chapter highlights the success of entrepreneurship policy in one of the most innovative Region in Europe: Bavaria. With the beginning of the early 1990's, Bavaria strongly followed an entrepreneurship policy which is called "Between Laptop and Lederhosen". This trade-off describes...