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  • Acs, Zoltan J., et al. (author)
  • The knowledge spillover theory of entrepreneurship
  • 2009
  • In: Small Business Economics. - : Springer Science and Business Media LLC. - 0921-898X .- 1573-0913. ; 32:1, s. 15-30
  • Journal article (peer-reviewed)abstract
    • Contemporary theories of entrepreneurship generally focus on the recognition of opportunities and the decision to exploit them. Although the entrepreneurship literature treats opportunities as exogenous, the prevailing theory of economic growth suggests they are endogenous. This paper advances the microeconomic foundations of endogenous growth theory by developing a knowledge spillover theory of entrepreneurship. Knowledge created endogenously results in knowledge spillovers, which allow entrepreneurs to identify and exploit opportunities.
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Type of publication
journal article (1)
Type of content
peer-reviewed (1)
Author/Editor
Carlsson, Bo (1)
Braunerhjelm, Pontus (1)
Acs, Zoltán J. (1)
Audretsch, David B. (1)
University
Royal Institute of Technology (1)
Language
English (1)
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