Technological change is a central element in macroeconomic growth explanation. Endogenous growth models take a revolutionary step towards better understanding the economic growth process by deriving technological change from profit-motivated individual behavior. In endogenous growth theory...

Studying the links between geography and technological change and between entrepreneurship and technological change can be difficult.This paper seeks to create an empirical framework that internalizes entrepreneurial activity and agglomeration effects on knowledge spillovers.The literature...

It is widely recognized that foreign direct investment (FDI) plays an important role in economic development. Internationalization theory is used to explore how inward FDI impacts entrepreneurial activity. Using data from the Global Entrepreneurship Monitor we find significant differences in...