Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/25692
Authors: 
Agarwal, Rajshree
Audretsch, David B.
Sarkar, MB
Year of Publication: 
2008
Series/Report no.: 
Jena economic research papers 2008,008
Abstract: 
Questioning the underlying assumptions of the process of creative destruction, we conceptualize an alternative process of creative construction that may characterize the dynamics between entrants and incumbents. We discuss the underlying mechanism of knowledge spillover strategic entrepreneurship whereby knowledge investments by existing organizations, when coupled with entrepreneurial action by individuals embedded in their context, results in new venture creation, heterogeneity in performance and subsequent growth in industries, regions and economies. The framework has implications for future research in entrepreneurship, strategy and economic growth.
Subjects: 
growth
spillovers
creative destruction
entrepreneurship
JEL: 
L16
L21
M13
O11
O40
O57
Document Type: 
Working Paper

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