Fields of Knowledge, Types of Higher Education Institutions, and Innovative Start-Ups
Ronney Aamoucke
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Ronney Aamoucke: GSBC EIC “The Economics of Innovative Change”
Chapter Chapter 3 in Innovative Start-Ups and the Distribution of Human Capital, 2016, pp 51-78 from Springer
Abstract:
Abstract There is very little doubt that higher education institutions (HEIs) and the knowledge they embody are an important source of new businesses, particularly innovative start-ups. According to the knowledge spillover theory of entrepreneurship (Acs et al. 2009, 2013), new businesses in general, and highly innovative start-ups in particular, are manifestations of knowledge spillover from extant knowledge sources. Hence, the number and type of new businesses should be influenced considerably by the size and characteristics of the respective knowledge base. In particular, the generation of new knowledge via research and development (R&D) activity should be essential to the emergence of innovative start-ups. Since HEIs play an important role in gathering, generating, and distributing knowledge, they can be expected to have a significant effect in this respect.
Keywords: Applied Science; Knowledge Spillover; Knowledge Stock; Aggregate Indicator; Star Scientist (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-319-44462-8_3
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DOI: 10.1007/978-3-319-44462-8_3
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