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Small Business Economics
Erschienen in: Small Business Economics 4/2013

01.12.2013

The missing pillar: the creativity theory of knowledge spillover entrepreneurship

verfasst von: David B. Audretsch, Maksim Belitski

Erschienen in: Small Business Economics | Ausgabe 4/2013

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Abstract

Knowledge spillover theory of entrepreneurship and the prevailing theory of economic growth treat opportunities as endogenous and generally focus on opportunity recognition by entrepreneurs. New knowledge created endogenously results in knowledge spillovers enabling inventors and entrepreneurs to commercialize it. This article discusses that knowledge spillover entrepreneurship depends not only on ordinary human capital, but more importantly also on creativity embodied in creative individuals and diverse urban environments that attract creative classes. This might result in self-selection of creative individuals into entrepreneurship or enable entrepreneurs to recognize creativity and commercialize it. This creativity theory of knowledge spillover entrepreneurship is tested utilizing data on European cities.
Vorheriger Artikel Knowledge spillovers, collective entrepreneurship, and economic growth: the role of universities
Nächster Artikel University specialization and new firm creation across industries

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Metadaten
Titel
The missing pillar: the creativity theory of knowledge spillover entrepreneurship
verfasst von
David B. Audretsch
Maksim Belitski
Publikationsdatum
01.12.2013
Verlag
Springer US
Erschienen in
Small Business Economics / Ausgabe 4/2013
Print ISSN: 0921-898X
Elektronische ISSN: 1573-0913
DOI
https://doi.org/10.1007/s11187-013-9508-6

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