Knowledge Spillovers and Strategic Entrepreneurship Revisited

Author(s):  
Mohammad Bagheri ◽  
Alexandra França

The new concepts of knowledge spillovers and strategic entrepreneurship have received attention from both academia and professionals alike. The association between the two and the impacts of one on another is of great interest to both segments due to the significant potentials of the knowledge spillovers on the economic growth of its surrounding regions. Thus, this chapter aims to uncover the theoretical and empirical research on knowledge spillovers and strategic entrepreneurship in the management context. The chapter follows a review approach to discover and extract the most relevant concepts in this conversation. This chapter is set forth to introduce a brief look at the background of the knowledge spillover theory of entrepreneurship and the relationship between knowledge spillovers and strategic entrepreneurship. It is finalized by the avenues of the research and conclusion.

Author(s):  
Honoré Samuel NTAVOUA

<p>The nature of the link between economic growth, public and private consumption in theoretical and empirical research is not well known in Cameroon. The objective of this study is to examine the nature of the relationship between economic growth, public and private consumption in Cameroon from 1980 to 2015. In order to achieve our goal, the data from the CENUCED were collected and tested in the autoregressive vector model (VAR). The delay selection statistic for VAR allowed us to have the following causality results: in Cameroon, there is a unidirectional relationship between economic growth towards public consumption and economic growth towards private consumption. Meanwhile, there is no causal link between public and private consumption, from public and private consumption to economic growth. Thus, the recommendation is that the Cameroonian government should create an incentive framework conducive to the improvement of public and private consumption to stimulate investment and economic growth.</p>


2018 ◽  
Vol 42 (5) ◽  
pp. 698-733 ◽  
Author(s):  
Chengguang Li ◽  
Rodrigo Isidor ◽  
Luis Alfonso Dau ◽  
Rudy Kabst

We examine the relationship between immigrant share and entrepreneurial activities in a country. Building on knowledge spillover theory of entrepreneurship (KSTE), we hypothesize that immigrant share positively relates to the creation, growth, and export activities of new firms through knowledge spillover between immigrant and native communities. We further suggest that favorable attitudes of natives toward immigrants positively moderate this relationship. Using data for 32 countries from the Global Entrepreneurship Monitor, we find support for the hypothesized direct relationships and for the moderating influence of a nation's attitude toward immigrants. Our study has implications for KSTE and research on entrepreneurship and immigration.


Author(s):  
David B. Audretsch ◽  
Max Keilbach

The purpose of this article is to suggest that a more recent literature has emerged which identifies how and why entrepreneurship in the form of new and small firms is a driving engine of industrial restructuring and economic growth. The starting point of this literature is the consideration of entrepreneurial opportunities and how they relate to opportunities generated by incumbent corporations. Entrepreneurship is distinguished from incumbent organizations with respect to both opportunity creation and exploitation. According to the ‘Knowledge Spillover Theory of Entrepreneurship’, entrepreneurial opportunities are not exogenous to the economy, but rather systematically created by incumbent organizations investing in new knowledge and ideas but unable to fully commercialize that new knowledge.


Author(s):  
David Bruce Audretsch ◽  
Maksim Belitski ◽  
Rosa Caiazza

AbstractThe knowledge spillover theory of entrepreneurship (KSTE) seeks to explain the mechanisms of how uncommercialized knowledge can be turned into new to market products. This paper uses a large unbalanced panel of 16,542 UK firms constructed from six consecutive waves of a community innovation survey and annual business registry survey during 2002–2014 to test the differences in the returns to knowledge spillover for innovation between start-ups and incumbent firms. The theoretical, managerial, and policy implications of the study are discussed.


Author(s):  
Magdalena Godowska

With the transition towards a knowledge-based economy, entrepreneurship has become a focus of public policy, especially on the regional level, as one of the most significant factors of economic growth. The knowledge spillover theory of entrepreneurship is based on the assumption that entrepreneurs act as a missing link in the knowledge-based economy, by converting incompletely commercialized knowledge into economically significant one.  They do so by founding new ventures – start-ups – in order to exploit knowledge created in larger companies, which are unwilling to commercialize new ideas due to a high level of uncertainty. In this sense, starting up a new company acts as a conduit for the spillover of knowledge.The aim of the paper is to explain the foundations of the knowledge spillover theory of entrepreneurship. In the second part of the paper, the analysis of the Małopolska region in the light of the knowledge spillover theory of entrepreneurship is carried out. The special focus is on academic entrepreneurship in the region, since the theoretical concept of knowledge spillover theory of entrepreneurship may well serve as a framework to analyze knowledge-based ventures.


Author(s):  
Anna Pluskota

<p>Theoretical background: The article explores the relationship between corruption and innovation in an economy and between corruption and economic growth. The multi-faceted and complex nature of corruption means that the impact of corruption on innovation and economic growth is unidirectional. There are arguments in the literature for both positive and negative effects of corruption on macroeconomic fiures. Most empirical research confirms the linear negative impact of corruption on economic growth. These results are the opposite of theoretical arguments that there may be both positive and negative consequences of corruption. Purpose of the article: The research aim is to analyse the theoretical aspects of the impact of corruption on selected macroeconomic variables. This goal was achieved by analysing the most signifiant arguments describing the relationships between chosen variables. Based on the literature analysis, research hypotheses were developed, and they were verifid in an empirical study. The results were analysed in the discussion section. Research methods: The study is based on a set of data on economically developed countries in Europe from 1996 to 2017. The empirical study was conducted using basic statistical measures – descriptive statistics and correlation coefficient, whereas econometric models were based on the GMM system (Generalized Method of Moments). Main findings: The results of this research show that the relationships between corruption and the measure of innovation, and corruption and economic growth are not linear. They take the form of a parabola. This means that the influence of corruption on innovation and economic growth is not the same for all levels of the corruption indicator. The relationship between corruption and economic growth is specific enough to show that a low level of corruption is economically justified from the point of view of empirical research. This is possible because corruption solves other economic problems, such as bureaucracy, which limits development. Corruption will support economic growth if the state does not work properly.</p>


2011 ◽  
Vol 361-363 ◽  
pp. 1066-1070
Author(s):  
Ling Wang ◽  
Yang Yang ◽  
Li Juan Wang ◽  
Jiang Guo

This paper uses Impulse Response Function to empirically analyze the relationship between investment of environmental protection and economic growing of Shanghai. The result shows that Shanghai economic growth relatively contributes more to the environmental investment, while the improvement of environmental investment affects little on the economic growth. Shanghai should further promote multiplier effects of the environmental investment on economic growth in order to achieve the coordinated development between investment of environmental protection and economic growth.


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