Endogenous growth through knowledge spillovers in entrepreneurship: an empirical test

Frédéric Delmar · Karl J. Wennberg · Karin Maria Kristina Hellerstedt

45 citations0/0 files storedStrategic Entrepreneurship Journal

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Entrepreneurship Studies and Influences Economic Growth and Productivity Firm Innovation and Growth

Abstract

Abstract Endogenous growth theory suggests that technological knowledge stimulates growth, yet the micro‐foundations of this process remain obscure. Knowledge spillover theory posits that growth is contingent on the technology dependence of industries, forming the landscape for entrepreneurs to launch and grow ventures. We investigate these theoretical contingencies with two research questions using comprehensive employee‐employer data documenting the science and technology labor force in Sweden. First, do industries with a greater need for new technology‐based entrepreneurship grow disproportionately faster than other industries? Second, are the knowledge spillover effects fostering the growth of new technology‐based firms contingent on certain industry structures? Copyright © 2011 Strategic Management Society.

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References

1988On the mechanics of economic development 1983An Evolutionary Theory of Economic Change.1990Endogenous Technological Change 2000The Promise of Entrepreneurship as a Field of Research 1996Financial Dependence and Growth 1982Technological paradigms and technological trajectories 1996The Use of Knowledge in Society 2005Understanding Interaction Models: Improving Empirical Analyses

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