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A large and still growing body of literature suggests that entrepreneurship is of exceptional importance in explaining … entrepreneurial activity in innovation and regional growth within a spatial semi-endogenous growth model in the spirit of Jones (1995 …
Persistent link: https://www.econbiz.de/10011549400
where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that … affect the steepness of the lifetime consumption profile. As a consequence, the occupational choice of entrepreneurship …
Persistent link: https://www.econbiz.de/10009757305
This contribution proposes a model of entrepreneurial activity highlighting a complex relationship between innovation … and stigma of failure. Innovation decisions are examined in an endogenous growth model with horizontal differentiation in … production costs, and face a risk of failure. If an entrepreneur fails in this innovation process, the firm remains on the market …
Persistent link: https://www.econbiz.de/10014215114
This paper reviews the literature on the role of public equity markets in the innovation ecosystem. The review … paper discusses the potential shortcomings of public equity markets that may hinder innovation, and highlights various …
Persistent link: https://www.econbiz.de/10011723674
of enhanced entrepreneurial innovation. To this end, a literature review was carried out in order to develop a research … framework with factors related to imitation predicting entrepreneurial innovation. Moreover, managerial skills and … entrepreneurial skills were incorporated as predictors of entrepreneurial innovation. In this respect, a structured questionnaire was …
Persistent link: https://www.econbiz.de/10012296498
Persistent link: https://www.econbiz.de/10013472029
Acs, Audretsch, Braunerhjelm, and Carlsson (2003) propose a new growth theory model featuring a geographically constrained spillover mechanism provided by new ventures and incumbent firms that convert a region’s stock of knowledge into economically useful, firm-specific knowledge. This implies...
Persistent link: https://www.econbiz.de/10014186159
It is often pointed out that like many areas of social science research, entrepreneurship research lacks direction for … Ecology (Environmental Determinism) Paradigm. The former explains the phenomenon of entrepreneurship by the strategic choices … high, moderate, and low innovation groups, which were further classified according to the regions, time of startup, and …
Persistent link: https://www.econbiz.de/10014043518
markets, and (vi) human capital for entrepreneurship. The reforms would likely strengthen Europe’s innovation capacity at a … effort requires extensive and broad-based institutional reforms aimed at strengthening the incentives for entrepreneurship …. Innovative entrepreneurship requires collaborations with numerous agents that provide those skills and resources that the …
Persistent link: https://www.econbiz.de/10013236458
considerable variations within the high-innovation and low-innovation groups identified for the purpose of comparing policy … the innovators' orientations. Seven sub-types were identified within the high-innovation group which were named as … pioneer. The low-innovation group, on the other hand, got grouped into six sub-types which were named as chance entrant, agent …
Persistent link: https://www.econbiz.de/10013114829