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A Spatially-related Note on Entrepreneurship and Economic Growth

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    Abstract

    A large and still growing body of literature suggests that entrepreneurship is of exceptional importance in explaining knowledge spillovers. Although quantifying the impact of entrepreneurial activity for economic growth is an interesting issue – particularly at the regional level – a concise formulation within a theoretical growth model is still missing. This paper in general tries to uncover the link between own- and neighbour-related regional entrepreneurial activity in innovation and regional growth within a spatial semi-endogenous growth model in the spirit of Jones (1995) reflecting recent empirical findings on entrepreneurial activity for economic growth. The paper derives an explicit solution for the transitional as well as for the balanced growth path level of ideas.

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    File URL: http://www.wiwi.uni-augsburg.de/vwl/institut/paper/317.pdf
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    Bibliographic Info

    Paper provided by Universitaet Augsburg, Institute for Economics in its series Discussion Paper Series with number 317.

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    Length: pages
    Date of creation: Jun 2011
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    Handle: RePEc:aug:augsbe:0317

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    Keywords: entrepreneurship; economic growth; innovation; knowledge spillover;

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