Entrepreneurship, Agglomeration and Technological Change

A growing body of literature suggests that variations across countries, in entrepreneurial activity and the spatial structure of economies could potentially be the source of different efficiencies in knowledge spillovers, and ultimately in economic growth. We develop an empirical model that endogeni...

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Vydáno v:Small business economics Ročník 24; číslo 3; s. 323 - 334
Hlavní autoři: Ács, Zoltán J., Varga, Attila
Médium: Journal Article
Jazyk:angličtina
Vydáno: Dordrecht Springer 01.04.2005
Springer Nature B.V
Témata:
Agglomeration
Business economics
Correlation analysis
Economic concentration
Economic geography
Economic growth
Economic growth models
Economic growth theories
Economic models
Economic research
Economic theory
Empirical research
Entrepreneurs
Entrepreneurship
European Union
Knowledge
Knowledge transfer
Location of enterprises
Location of industry
R&D
Regional economics
Research & development
Research & development expenditures
Research and development
Small and medium sized enterprises
Spillover effect
Studies
Technological change
Technological innovation
ISSN:0921-898X, 1573-0913
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Shrnutí:A growing body of literature suggests that variations across countries, in entrepreneurial activity and the spatial structure of economies could potentially be the source of different efficiencies in knowledge spillovers, and ultimately in economic growth. We develop an empirical model that endogenizes both entrepreneurial activity and agglomeration effects on knowledge spillovers within a Romerian framework. The model is tested using the GEM cross-national data to measure the level of entrepreneurship in each particular economy. We find that after controlling for the stock of knowledge and research and development expenditures, both entrepreneurial activity and agglomeration have a positive and statistically significant effect on technological change in the European Union.
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ISSN:0921-898X
1573-0913
DOI:10.1007/s11187-005-1998-4