Dynamic Entrepreneurship and Technology-Based Innovation

David Audretsch (), Donald Kuratko () and Albert Link
Additional contact information
Donald Kuratko: Indiana University, Postal: Kelley School of Business , Indiana University, 1275 E 10th St, Bloomington, IN 47405

No 16-2, UNCG Economics Working Papers from 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.

Keywords: Dynamic entrepreneurship; Static entrepreneurship; Schumpeterian innovation; human capital; Small Business Innovation Research (SBIR) Program (search for similar items in EconPapers)
JEL-codes: J24 L26 O38 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2016-04-14
New Economics Papers: this item is included in nep-cse, nep-ent, nep-ino, nep-lma, nep-sbm and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (22)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:uncgec:2016_002

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