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Endogenous growth through knowledge spillovers in entrepreneurship : an empirical test

Author

Listed:
  • Frédéric Delmar

    (EM - EMLyon Business School, IFN - Research Institute of Industrial Economics)

  • Karl Wennberg

    (SSE - Stockholm School of Economics)

  • Karin Hellerstedt

    (Jönköping International Business School)

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?

Suggested Citation

  • Frédéric Delmar & Karl Wennberg & Karin Hellerstedt, 2011. "Endogenous growth through knowledge spillovers in entrepreneurship : an empirical test," Post-Print hal-02312920, HAL.
    • Handle: RePEc:hal:journl:hal-02312920
    DOI: 10.1002/sej.114
    as

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    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups

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