While the neoclassical growth theory considered economic growth as a process of mere accumulation of production capital, the endogenous growth theory shifted the lens to the importance of knowledge in the production process and its potential to create spillovers. We argue in this paper that...

Whereas initially physical capital and later, knowledge capital were viewed as crucial for growth, more recently a very different factor, entrepreneurship capital, has emerged as a driving force of economic growth. In this paper, we define a region's capacity to create new firms start-ups as the...

1 Introduction and Motivation -- 2 Why and How Does Economic Activity Grow? An Overview of the Literature -- 3 Why and How Does Economic Activity Concentrate in Space? Another Overview of the Literature -- 4 Spatial Knowledge Spillovers and the Dynamics of Agglomeration and Regional Growth -- 5...

An introduction to the concept ofentrepreneurship capital is provided, with an emphasis on its influence onregional economic performance. Entrepreneurship capital is defined as thecapacity of a society to produce new firms. It involves creative individualsneeded to create new firms, a regional...