Dynamic entrepreneurship and technology-based innovation

David B. Audretsch (), Donald F. Kuratko () and Albert Link
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David B. Audretsch: Indiana University
Donald F. Kuratko: Indiana University

Journal of Evolutionary Economics, 2016, vol. 26, issue 3, No 6, 603-620

Abstract: 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)
Date: 2016
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Citations: View citations in EconPapers (22)

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DOI: 10.1007/s00191-016-0458-4

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