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Title:The knowledge spillover theory of entrepreneurship and foreign direct investment PDF Logo
Authors:Ács, Zoltán J.
Brooksbank, David J.
O'Gorman, Colm
Pickernell, David G.
Terjesen, Siri
Issue Date:2007
Series/Report no.:Jena economic research papers 2007,059
Abstract:We explore if the Knowledge Spillover Theory of Entrepreneurship, applied to FDI, provides at least a partial explanation for the greater emergence of recent knowledge-based entrepreneurship in Ireland compared with Wales. In order to examine how FDI and entrepreneurship policy in these two regions might have influenced the levels of knowledge-based entrepreneurship, we outline FDI and entrepreneurship policies for Wales and Ireland and key measures of knowledge creation, and evaluate the extent and nature of FDI activity and its relationship with entrepreneurship in general and knowledge-based entrepreneurship in particular. Implications include possible policy di-rections for countries that are characterized by weak knowledge-creating institutions yet wish to encourage knowledge-based entrepreneurship.
Subjects:Economic Development
Entrepreneurship
Foreign Direct Investment
Ireland
Knowledge Spillovers
Wales
JEL:J24
L26
M13
O3
Document Type:Working Paper
Appears in Collections:Jena Economic Research Papers, MPI für Ökonomik

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