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Entrepreneurship and Economic Growth
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Entrepreneurship and Economic Growth

David B. Audretsch, Max C. Keilbach, and Erik E. Lehmann

Abstract

Public policy spanning a broad range of contexts, ranging from the European Union, to states, cities, and local communities around the globe has turned to entrepreneurship to provide the engine for economic growth, competitiveness in globally linked markets, and jobs. This book explains why entrepreneurship has emerged as a bona fide instrument of growth policy. The knowledge spillover theory of entrepreneurship suggests that entrepreneurship provides a crucial mechanism in the process of economic growth by serving as a conduit for knowledge spillovers. Investments in new knowledge and ideas m ... More

Keywords: economic growth, globalization, growth policy, knowledge spillover theory, investment in knowledge, commercialization, creative construction

Bibliographic Information

Print publication date: 2006 Print ISBN-13: 9780195183511
Published to Oxford Scholarship Online: January 2007 DOI:10.1093/acprof:oso/9780195183511.001.0001

Authors

Affiliations are at time of print publication.

David B. Audretsch, author
Indiana University
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Max C. Keilbach, author
Max Planck Institute of Economics
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Erik E. Lehmann, author
University of Augsburg
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