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Dynamic Entrepreneurship and Technology-Based Innovation

Author

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  • Audretsch, David

    (Indiana University)

  • Kuratko, Donald

    (Indiana University)

  • Link, Albert

    (University of North Carolina at Greensboro, Department of Economics)

Abstract

This paper seeks to distinguish between dynamic and static entrepreneurship. We define the construct of dynamic entrepreneurship in terms of Schumpeterian innovativeness and then develop a hypothesis suggesting that human capital is conducive to such action. In contrast, a paucity of human capital is more conducive to static entrepreneurship (defined in terms of organizational or ownership status). Based on a rich data set of entrepreneurs receiving research funding through the U.S. Small Business Innovation Research (SBIR) program, our empirical evidence suggests that academic-based human capital is positively correlated with dynamic behavior, whereas as business-based human capital and prior business experience is not.

Suggested Citation

  • Audretsch, David & Kuratko, Donald & Link, Albert, 2016. "Dynamic Entrepreneurship and Technology-Based Innovation," UNCG Economics Working Papers 16-2, University of North Carolina at Greensboro, Department of Economics.
    • Handle: RePEc:ris:uncgec:2016_002
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    Cited by:

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    2. Jeremy W. Bray & Albert N. Link, 2017. "Dynamic entrepreneurship: On the performance of U.S. research joint ventures," Small Business Economics, Springer, vol. 49(4), pages 785-797, December.
    3. Chun Jiang & Amei Feng & Chunhuan Xiao, 2021. "Does Capital Account Liberalization Spur Entrepreneurship: The Role of Financial Development," Sustainability, MDPI, vol. 13(16), pages 1-19, August.
    4. Veronica Scuotto & Manlio Del Giudice & Elias G. Carayannis, 2017. "The effect of social networking sites and absorptive capacity on SMES’ innovation performance," The Journal of Technology Transfer, Springer, vol. 42(2), pages 409-424, April.
    5. Roberta Dutra de Andrade & Paulo Gonçalves Pinheiro & Matheus Dantas Madeira Pontes & Thayanne Lima Duarte Pontes, 2023. "Unleashing Knowledge Sharing in Emerging Economy Startups: A Multilevel Analysis," Sustainability, MDPI, vol. 15(13), pages 1-17, June.
    6. Nancy J. Hodges & Albert N. Link, 2019. "Innovation by design," Small Business Economics, Springer, vol. 52(2), pages 395-403, February.
    7. Drago? Tohãnean, , and & Alexandru Ilie Buzatu & Cristina-Andrada Baba & Bogdan Georgescu, 2020. "Business Model Innovation Through the Use of Digital Technologies: Managing Risks and Creating Sustainability," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 22(55), pages 758-758, August.
    8. André Cherubini Alves & Bruno Brandão Fischer & Nicholas S. Vonortas, 2021. "Ecosystems of entrepreneurship: configurations and critical dimensions," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 67(1), pages 73-106, August.
    9. Thi Thu Tra Pham & Thai Vu Hong Nguyen & Son Kien Nguyen & Hieu Thi Hoang Nguyen, 2023. "Does planned innovation promote financial access? Evidence from Vietnamese SMEs," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 13(2), pages 281-307, June.
    10. Maribel Guerrero & David Urbano, 2019. "Effectiveness of technology transfer policies and legislation in fostering entrepreneurial innovations across continents: an overview," The Journal of Technology Transfer, Springer, vol. 44(5), pages 1347-1366, October.
    11. Liping Fu & Xiaodi Jiang & Lanping He, 2019. "How Natural Resource-Based Industry Affect Sustainable Development? An Evolutionary Study of China," Sustainability, MDPI, vol. 12(1), pages 1-14, December.
    12. Demetris Vrontis & Alkis Thrassou & Gabriele Santoro & Armando Papa, 2017. "Ambidexterity, external knowledge and performance in knowledge-intensive firms," The Journal of Technology Transfer, Springer, vol. 42(2), pages 374-388, April.
    13. Avelar, Sónia & Borges-Tiago, Teresa & Almeida, António & Tiago, Flávio, 2024. "Confluence of sustainable entrepreneurship, innovation, and digitalization in SMEs," Journal of Business Research, Elsevier, vol. 170(C).
    14. Megersa Debela Daksa & Molla Alemayehu Yismaw & Sisay Diriba Lemessa & Shemelis Kebede Hundie, 2018. "Enterprise innovation in developing countries: an evidence from Ethiopia," Journal of Innovation and Entrepreneurship, Springer, vol. 7(1), pages 1-19, December.
    15. Bruno Brandão Fischer & Paola Rücker Schaeffer & Nicholas S. Vonortas & Sérgio Queiroz, 2018. "Quality comes first: university-industry collaboration as a source of academic entrepreneurship in a developing country," The Journal of Technology Transfer, Springer, vol. 43(2), pages 263-284, April.
    16. Samson A. Adewumi & Logan D. Naidoo, 2022. "Student entrepreneurship mindset and social entrepreneurship pedagogy in a global health pandemic in Lagos State University, Nigeria," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 10(1), pages 200-213, September.
    17. Siqueira, Erica H.S. & Fischer, Bruno Brandão & Bin, Adriana & Kickul, Jill, 2023. "Entrepreneurial ecosystems’ readiness towards knowledge-intensive sustainable entrepreneurship: Evidence from Brazil," Technovation, Elsevier, vol. 126(C).
    18. Liping Fu & Xiaodi Jiang, 2019. "Does the Multiple-Participant Innovation Improve Regional Innovation Efficiency? A Study of China’s Regional Innovation Systems," Sustainability, MDPI, vol. 11(17), pages 1-16, August.

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    More about this item

    Keywords

    Dynamic entrepreneurship; Static entrepreneurship; Schumpeterian innovation; human capital; Small Business Innovation Research (SBIR) Program;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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