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The knowledge spillover theory of entrepreneurship: an application to foreign direct investment

Author

Listed:
  • Zoltan J. Acs
  • David J. Brooksbank
  • Colm O'Gorman;
  • David Pickernell
  • Siri Terjesen

Abstract

Does the knowledge spillover theory of entrepreneurship provide an explanation for the emergence of knowledge-based entrepreneurship in Ireland and Wales? To examine the reasons for different levels of knowledge-based entrepreneurship in these two regions we explore FDI and entrepreneurship policy. We outline key measures of knowledge creation, and evaluate the extent and nature of FDI activity and its relationship with entrepreneurship in general and knowledge-based entrepreneurship in particular. Policy implications include the need for more integrated policy directions for countries that are characterised by weak knowledge creating institutions yet wish to encourage knowledge-based entrepreneurship.

Suggested Citation

  • Zoltan J. Acs & David J. Brooksbank & Colm O'Gorman; & David Pickernell & Siri Terjesen, 2012. "The knowledge spillover theory of entrepreneurship: an application to foreign direct investment," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 15(2), pages 237-261.
  • Handle: RePEc:ids:ijesbu:v:15:y:2012:i:2:p:237-261
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    References listed on IDEAS

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    Cited by:

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    2. Sara Amoroso & Bettina Müller, 2018. "The short-run effects of knowledge intensive greenfield FDI on new domestic entry," The Journal of Technology Transfer, Springer, vol. 43(3), pages 815-836, June.
    3. Veland Ramadani & Hyrije Abazi-Alili & Léo-Paul Dana & Gadaf Rexhepi & Sadudin Ibraimi, 2017. "The impact of knowledge spillovers and innovation on firm-performance: findings from the Balkans countries," International Entrepreneurship and Management Journal, Springer, vol. 13(1), pages 299-325, March.
    4. Pavlos Kilintzis & Giorgos Avlogiaris & Elpida Samara & Yiannis Bakouros, 2023. "Technology Entrepreneurship: a Model for the European Case," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(2), pages 879-904, June.
    5. Piers Thompson & Wenyu Zang, 2022. "A matter of life and death? Knowledge intensity of FDI activities and domestic enterprise," Papers in Regional Science, Wiley Blackwell, vol. 101(5), pages 1157-1179, October.
    6. Beynon, Malcolm J. & Jones, Paul & Pickernell, David, 2018. "Entrepreneurial climate and self-perceptions about entrepreneurship: a country comparison using fsQCA with dual outcomes," Journal of Business Research, Elsevier, vol. 89(C), pages 418-428.
    7. Beynon, Malcolm & Jones, Paul & Pickernell, David, 2016. "Country-level investigation of innovation investment in manufacturing: Paired fsQCA of two models," Journal of Business Research, Elsevier, vol. 69(11), pages 5401-5407.
    8. Ronja Kirschning & Matthias Mrożewski, 2023. "The role of entrepreneurial absorptive capacity for knowledge spillover entrepreneurship," Small Business Economics, Springer, vol. 60(1), pages 105-120, January.

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