Entrepreneurship, Innovation, and Multi-Regional Economic Growth and Welfare: A Theoretical Research Agenda

Studies in Regional Science, Vol. 44, No. 2, pp. 181-194, 2014

Posted: 23 Apr 2015

See all articles by Amitrajeet A. Batabyal

Amitrajeet A. Batabyal

Rochester Institute of Technology (RIT) - Department of Economics

Hamid Beladi

University of Texas at San Antonio - College of Business - Department of Economics

Multiple version iconThere are 2 versions of this paper

Date Written: 2014

Abstract

We discuss a prospective, theoretical research agenda about the connections between entrepreneurship, innovation, and multi-regional economic growth and welfare. This agenda advocates the use of endogenous economic growth theory and advances in new economic geography to analyze models that will shed light on the effects of innovative entrepreneurship on economic growth and welfare in multiple regions. Four salient questions comprise the subject matter of this paper. First, what are the impacts of human capital use, innovative activities, and alternate patent policies on economic growth and welfare in any region i where i=1,...,~N? Second, what are the effects of human capital use and negative externalities in innovation on economic growth and welfare in this ith region? Third, what are the impacts of alternate tax policies on innovation driven economic growth in the ith region? Finally, what role does the human capital in the ith region play in influencing innovation driven economic growth and welfare in this region?

Keywords: Entrepreneurship, Growth, Human Capital, Multi-Region Economy, Innovation

JEL Classification: R11, O31, D90

Suggested Citation

Batabyal, Amitrajeet A. and Beladi, Hamid, Entrepreneurship, Innovation, and Multi-Regional Economic Growth and Welfare: A Theoretical Research Agenda (2014). Studies in Regional Science, Vol. 44, No. 2, pp. 181-194, 2014, Available at SSRN: https://ssrn.com/abstract=2597373

Amitrajeet A. Batabyal (Contact Author)

Rochester Institute of Technology (RIT) - Department of Economics ( email )

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Hamid Beladi

University of Texas at San Antonio - College of Business - Department of Economics ( email )

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San Antonio, TX 78249
United States
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