An absorptive capacity theory of knowledge spillover entrepreneurship

Haifeng Qian () and Zoltan Acs

Small Business Economics, 2013, vol. 40, issue 2, 185-197

Abstract: The knowledge spillover theory of entrepreneurship identifies new knowledge as a source of entrepreneurial opportunities, and suggests that entrepreneurs play an important role in commercializing new knowledge developed in large incumbent firms or research institutions. This paper argues that, knowledge spillover entrepreneurship depends not only on new knowledge but more importantly on entrepreneurial absorptive capacity that allows entrepreneurs to understand new knowledge, recognize its value, and commercialize it by creating a firm. This absorptive capacity theory of knowledge spillover entrepreneurship is tested using data based on U.S. metropolitan areas. Copyright Springer Science+Business Media, LLC. 2013

Keywords: Entrepreneurship; Knowledge spillover; Absorptive capacity; Human capital; L26; O31; J24 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (119)

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Persistent link: https://EconPapers.repec.org/RePEc:kap:sbusec:v:40:y:2013:i:2:p:185-197

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DOI: 10.1007/s11187-011-9368-x

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