Entrepreneurship, Agglomeration and Technological Change

By Zoltan J. Acs, Attila V. Varga. 2005

712 citations recorded by the source corpus.

AbstractA growing body of literature suggests that variations across countries, in entrepreneurial activity and the spatial structure of economies could potentially be the source of different efficiencies in knowledge spillovers, and ultimately in economic growth. We develop an empirical model that endogenizes both entrepreneurial activity and agglomeration effects on knowledge spillovers within a Romerian framework. The model is tested using the GEM cross-national data to measure the level of entrepreneurship in each particular economy. We find that after controlling for the stock of knowledge and research and development expenditures, both entrepreneurial activity and agglomeration have a positive and statistically significant effect on technological change in the European Union.

Subfields: Economics and Econometrics, Political Science and International Relations

View Paper: https://www.semanticscholar.org/paper/37f7ce659f68b161943e84f4ef553232cd7c724a

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Citations in the corpus

Territorial servitization: Exploring the virtuous circle connecting knowledge-intensive services and new manufacturing businesses (2017, background): “The local spillover benefits of innovative entrepreneurship—e.g., knowledge-based services—are profound (Acs & Audretsch, 1988; Acs & Varga, 2004).”
Regional determinants of entrepreneurial start-ups in a developing country (2008, background): “The latter gives rise to location and urbanization economies, which through cumulative causation, will result in regional inequalities (Acs and Varga 2004 , Krugman and Venables 2005 ).”
The global entrepreneurship index (GEINDEX) (2010, positive): “The interaction variable approach is used in regression analysis, where two independent variables are multiplied by each other to demonstrate their conditional effect on the dependent variable (Acs and Varga 2005).”
Necessity and Opportunity Entrepreneurs in Germany: Characteristics and Earning s Differentials (2010, neutral): “A significant relationship between national levels of opportunity entrepreneurship and their projected economic growth is found (Acs et al, 2005; Acs and Varga, 2005; Reynolds et al., 2002).”
The knowledge spillover theory of entrepreneurship (2005, positive): “Thus, both the prevailing theory and empirical evidence suggests that local university research and industry research spatially interact in a way that ‘‘boosts’’ the knowledge output of the region (Anselin et al. 1997; Acs and Varga 2005; Klarl 2013).”
How Different Formal Institutions Affect Opportunity and Necessity Entrepreneurship (2015, background): “Similarly, Acs and Varga (2005) show that he impact on growth and economic development of both ypes of entrepreneurship varies widely whereas necessity ntrepreneurship does not affect economic development, nd opportunity entrepreneurship has a positive and signifcant effect.”
Examining the Future Trajectory of Entrepreneurship (2018, background): “…of entrepreneurial activity as a driving force in creating jobs, income, wealth, economic growth, and societal quality of life, including the base of the pyramid (Acs and Varga 2005; Audretsch 2009; Audretsch, Keilbach, and Lehmann 2006; Morris, Neumeyer, and Kuratko 2015; Wennekers et al. 2005).”
A theoretical grounding and test of the GEM model (2008, background): “Entrepreneurial alertness and discovery are therefore required to uncover valuable new knowledge and harness knowledge slack created by unused knowledge advances generated by incumbents (Acs and Varga, 2005).”
Location determinants of high-growth firms (2015, background): “…and move overseas or to other states from their original location, many will mature into stable medium-sized corporations that support local employment growth, and generate primary and secondary multipliers and spillovers to their local and regional economies (e.g. see Acs and Varga 2005).”
Necessity entrepreneurship and competitive strategy (2014, positive): “They also differ in human capital endowment, venture success, job satisfaction, and impact on economic development (Acs and Varga 2005; Bergmann and Sternberg 2007; Block and Koellinger 2009; Block and Sandner 2009; Kautonen and Palmroos 2010; Wong et al. 2005).”
Exploring the Knowledge Filter: How Entrepreneurship and University-Industry Relationships Drive Economic Growth ∗ (2006, background): “Acs et al. (2005) develop the concept of a knowledge filter, which functions as a barrier limiting the total conversion of knowledge into new products, processes, and organizations.”