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File name: SSRN-id1825092. ; Size: 465K
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Endogenous Growth Through Knowledge Spillovers in Entrepreneurship:
An Empirical Test
Frédéric Delmar Lund University School of Economics and Management; EM Lyon (Ecole de Management de Lyon); Research Institute of Industrial Economics (IFN)
Karl Wennberg Stockholm School of Economics; Ratio Institute
Karin Hellerstedt Jonkoping University - Jonkoping International Business School (JIBS)
April, 28 2011
Strategic Entreprenuership Journal, Forthcoming
Abstract:
Endogenous growth theory suggests that technological knowledge stimulates growth, yet the micro foundations of this process remain obscure. Knowledge spillover theory posits that growth is contingent on the technology dependence of industries, forming the landscape for entrepreneurs to launch and grow ventures. We investigate these theoretical contingencies with two research questions using comprehensive employee-employer data documenting the science and technology labor force in Sweden: First, do industries with a greater need for new technology-based entrepreneurship grow disproportionately faster than other industries? Second, are the knowledge spillover effects fostering the growth of new technology based firms contingent on certain industry structures?
Number of Pages in PDF File: 51
Keywords: Endogenous growth, Knowledge spillovers, Industry growth, Firm growth
Accepted Paper Series
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Date posted: April 29, 2011
Suggested CitationDelmar, Frédéric, Wennberg, Karl and Hellerstedt, Karin, Endogenous Growth Through Knowledge Spillovers in Entrepreneurship:
An Empirical Test (April, 28 2011). Strategic Entreprenuership Journal, Forthcoming. Available at SSRN: http://ssrn.com/abstract=1825092
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