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The Geography and Determinantsof Entrepreneurship

Tamvada, Jagannadha Pawan - Max-Planck-Institut für Ökonomik <Jena> - 2008

Entrepreneurship literature (Parker 2004) has rarely considered spatial locationas a micro-determinant of occupational choice, although there are compellingreasons to posit that spatial location influences economic behavior. Using Bayesiansemiparametric methodologies and geoadditive techniques,...

Persistent link: https://www.econbiz.de/10005864501

Total factor productivity and the role of entrepreneurship

Erken, Hugo; Donselaar, Piet; Thurik, Roy - Max-Planck-Institut für Ökonomik <Jena> - 2008

Total factor productivity of twenty OECD countries for a recent period (1971-2002) is explained using six different models based on the established literature. Traditionally, entrepreneurship is not dealt with in these models. In the present paper it is shown that when this variable is added...

Persistent link: https://www.econbiz.de/10005864502

Cluster Life Cycles - Dimensions and Rationales of Cluster Development

Menzel, Max-Peter; Fornahl, Dirk - Max-Planck-Institut für Ökonomik <Jena> - 2007

We present a model that explains how a cluster moves through a life cycle and why this movement differs from the industry life cycle. The model is based on three key processes: the changing heterogeneity in the cluster describes the movement of the cluster through the life cycle; the geographical...

Persistent link: https://www.econbiz.de/10005864517

Entrepreneurship and Innovation Policy

Stam, Erik - Max-Planck-Institut für Ökonomik <Jena> - 2008

overview of theory and empirical research on the relation between entrepreneurship, innovation and economic growth. The paper …What is meant by entrepreneurship, innovation and economic growth is often not clear or very idiosyncratic. This paper … starts with a discussion of the nature of entrepreneurship and its relation to innovation. The second section provides an …

Persistent link: https://www.econbiz.de/10005864511

Do We Need National Champions? If So, Do We Need a Champions-Related Industrial Policy? An Evolutionary Perspective

Falck, Oliver; Heblich, Stephan - Max-Planck-Institut für Ökonomik <Jena> - 2007

This paper discusses the role of so-called national champions within the context of the EU's ambitious goal to become the most competitive and dynamic knowledge-based economic region in the world by 2010. We find football to be a useful analogy in our discussion of national champions. There are...

Persistent link: https://www.econbiz.de/10005864512

Creating Strategic Advantage through EntrepreneurialGovernance in New Ventures

Audretsch, David B.; Lehmann, Erik; Plummer, Lawrence A. - Max-Planck-Institut für Ökonomik <Jena> - 2007

agency theory, assigning managersstock options aligns their interests with the interests of the owners of the firm.This paper … advantage. This theory of entrepreneurialgovernance is tested using patent ownership as a proxy for both …

Persistent link: https://www.econbiz.de/10005864514

Demography and Innovative Entrepreneurship

Bönte, Werner; Falck, Oliver; Heblich, Stephan - Max-Planck-Institut für Ökonomik <Jena> - 2007

Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...

Persistent link: https://www.econbiz.de/10005864516

Democratic Capitalism and Philanthropy in a Global Economy

Acs, Zoltán J.; Desai, Sameeksha - Max-Planck-Institut für Ökonomik <Jena> - 2007

globalization. It is a model based on growth, expansion and constant innovation. However, it is accompanied by social problems which …

Persistent link: https://www.econbiz.de/10005864533

Innovation Networks of High Tech SMES: Creation of Knowledge but no Creation of Value

Winters, Rob; Stam, Erik - Max-Planck-Institut für Ökonomik <Jena> - 2007

This paper analyses the effects of innovation networks on product and pro-cess innovation and sales growth of high … technology SMEs. Innovation net-works are positively related to both product and process innovation, i.e. know-ledge creation …. One exception is the negative effect of innovation networks with suppliers on product innovation. Older SMEs are more …

Persistent link: https://www.econbiz.de/10005864581

Building a Better Rat Trap : Technological Innovation, Human Capital and the Irula

Terjesen, Siri - Max-Planck-Institut für Ökonomik <Jena> - 2007

catchers, Sethu developed an innovative new trap. His innovation won the prestigious Global Development Marketplace award from …

Persistent link: https://www.econbiz.de/10005864582