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Entrepreneurship Spillover and the determinants of Key Sectors for new business creation: An inter-sectorial approach

  • Massón-Guerra, José Luis
  • Vendrell-Ferrero, Ferran

Whereas the knowledge spillover theory of entrepreneurship focuses on the diffusion of innovative output and knowledge filter among new firms and industries (Acts, et al., 2005; Audrescht, 2007), it has not been studied the phenomenon of entrepreneurship dissemination or entrepreneurship spillover among sectors. From an adaptation of the model of input-output matrix (Leontief, 1936; Dietzenbacher and Los, 2002) we develop a methodology that allows calculating the concept of entrepreneurship spillover. Besides, using intra-sectorial data from the 73 Spanish sectors, we empirically test the characteristics of the sectors with more entrepreneurship spillover. In short, the results clearly state that higher diversity and competition entails more entrepreneurship spillover. Moreover, the innovation only affects positively entrepreneurship spillover in restricted situations, briefly when the sectors have high competition and/or a high degree of technology.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 10748.

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Date of creation: 19 Sep 2008
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Handle: RePEc:pra:mprapa:10748
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  2. Erik Dietzenbacher, 2002. "Interregional Multipliers: Looking Backward, Looking Forward," Regional Studies, Taylor & Francis Journals, vol. 36(2), pages 125-136.
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  4. Zoltan Acs & David Audretsch & Erik Lehmann, 2013. "The knowledge spillover theory of entrepreneurship," Small Business Economics, Springer, vol. 41(4), pages 757-774, December.
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  9. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
  10. Erik Dietzenbacher & Bart Los, 2002. "Externalities of R&D Expenditures," Economic Systems Research, Taylor & Francis Journals, vol. 14(4), pages 407-425.
  11. Audretsch, David B & Keilbach, Max, 2003. "Entrepreneurship Capital and Economic Performance," CEPR Discussion Papers 3678, C.E.P.R. Discussion Papers.
  12. Hanna Maoh & Pavlos Kanaroglou, 2007. "Business establishment mobility behavior in urban areas: a microanalytical model for the City of Hamilton in Ontario, Canada," Journal of Geographical Systems, Springer, vol. 9(3), pages 229-252, September.
  13. Kenneth Arrow, 1962. "Economic Welfare and the Allocation of Resources for Invention," NBER Chapters, in: The Rate and Direction of Inventive Activity: Economic and Social Factors, pages 609-626 National Bureau of Economic Research, Inc.
  14. Audretsch, David B. & Lehmann, Erik E., 2005. "Does the Knowledge Spillover Theory of Entrepreneurship hold for regions?," Research Policy, Elsevier, vol. 34(8), pages 1191-1202, October.
  15. Glaeser, Edward Ludwig & Kallal, Hedi D. & Scheinkman, Jose A. & Shleifer, Andrei, 1992. "Growth in Cities," Scholarly Articles 3451309, Harvard University Department of Economics.
  16. Fritsch, Michael & Franke, Grit, 2004. "Innovation, regional knowledge spillovers and R&D cooperation," Research Policy, Elsevier, vol. 33(2), pages 245-255, March.
  17. Feldman, Maryann P. & Audretsch, David B., 1999. "Innovation in cities:: Science-based diversity, specialization and localized competition," European Economic Review, Elsevier, vol. 43(2), pages 409-429, February.
  18. Glenn Ellison & Edward L. Glaeser, 1999. "The Geographic Concentration of Industry: Does Natural Advantage Explain Agglomeration?," Harvard Institute of Economic Research Working Papers 1862, Harvard - Institute of Economic Research.
  19. Hazari, Bharat R, 1970. "Empirical Identification of Key Sectors in the Indian Economy," The Review of Economics and Statistics, MIT Press, vol. 52(3), pages 301-05, August.
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