The Knowledge Spillover Theory of Entrepreneurship and Economic Growth

نویسنده

  • David B. Audretsch
چکیده

According to the knowledge spillover theory of entrepreneurship, people start a new firm because they are not able to commercialize their ideas and knowledge within the context of an incumbent firm or organization. Entrepreneurship therefore serves as a conduit for the spillover of knowledge from the firm or organization where that knowledge was created to its commercialization in the organizational context of a new firm. Because it facilitates the spillover and commercialization of knowledge that might otherwise have remained dormant and uncommercialized within the incumbent firm generating that knowledge in the first place, entrepreneurship has a positive impact on economic growth.

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تاریخ انتشار 2005