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Small Business Economics

Erschienen in:

09.01.2022

The knowledge spillover theory of entrepreneurship: an Asian perspective

verfasst von: Muhammad Naveed Iftikhar, Jonathan B. Justice, David B. Audretsch

Erschienen in: Small Business Economics | Ausgabe 4/2022

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Abstract

For rapidly urbanizing countries in Asia, entrepreneurial activity is a critical source of employment and economic development. This paper uses a panel dataset of 20 countries in Asia to examine the role of urbanization in moderating the process of knowledge spillovers leading to firm creation. It is one of the pioneering studies to examine whether the knowledge spillover theory of entrepreneurship (KSTE)—a prominent and empirically valid theory in Western economies—is also valid in Asian economies. Empirical analysis reveals that the extent and quality of urbanization plays an important moderating role that can enhance or retard the exploitation of knowledge by urban entrepreneurs. The paper has important policy implications for Asian countries to take advantage of rapid urbanization and make investments in research and development to create knowledge spillovers that promote firm creation.

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Titel: The knowledge spillover theory of entrepreneurship: an Asian perspective
verfasst von: Muhammad Naveed Iftikhar
Jonathan B. Justice
David B. Audretsch
Publikationsdatum: 09.01.2022
Verlag: Springer US
Erschienen in: Small Business Economics / Ausgabe 4/2022
Print ISSN: 0921-898X
Elektronische ISSN: 1573-0913
DOI: https://doi.org/10.1007/s11187-021-00577-3

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