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dc.contributor.authorÁcs, Zoltán J.en
dc.contributor.authorAudretsch, David B.en
dc.contributor.authorBraunerhjelm, Pontusen
dc.contributor.authorCarlsson, Boen
dc.date.accessioned2009-01-28T16:10:11Z-
dc.date.available2009-01-28T16:10:11Z-
dc.date.issued2005-
dc.identifier.urihttp://hdl.handle.net/10419/19999-
dc.description.abstractThe intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge and human capital endogenously generate economic growth through the spillover of knowledge. Endogenous growth theory does not explain how or why spillovers occur. The missing link is the mechanism converting knowledge into economically relevant knowledge. This Paper develops a model that introduces a filter between knowledge and economic knowledge and identifies entrepreneurship as a mechanism that reduces the knowledge filter. A cross-country regression analysis over the period 1981-2001 provides empirical support for the model. We conclude that public policies facilitating knowledge spillovers through entrepreneurship may be an important new approach to promoting economic growth.en
dc.language.isoengen
dc.publisher|aMax Planck Institute for Research into Economic Systems |cJenaen
dc.relation.ispartofseries|aPapers on Entrepreneurship, Growth and Public Policy |x0805en
dc.subject.jelL10en
dc.subject.jelO10en
dc.subject.ddc330en
dc.subject.keywordEndogenous growthen
dc.subject.keywordknowledgeen
dc.subject.keywordinnovation and entrepreneurshipen
dc.subject.stwNeue Wachstumstheorieen
dc.subject.stwBildungsinvestitionen
dc.subject.stwSpillover-Effekten
dc.subject.stwWirtschaftspolitische Wirkungsanalyseen
dc.subject.stwWirtschaftswachstumen
dc.subject.stwSchätzungen
dc.subject.stwOECD-Staatenen
dc.titleThe Missing Link: The Knowledge Filter and Entrepreneurship in Endogenous Growth-
dc.typeWorking Paperen
dc.identifier.ppn494673389en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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