Torben Klarl
A Spatially-related Note on Entrepreneurship and
Economic Growth
Abstract:
A large and still growing body of literature suggests that
entrepreneurship is of exceptional importance in explaining knowledge
spillovers. Although quantifying the impact of entrepreneurial activity
for economic growth is an interesting issue – particularly at the
regional level – a concise formulation within a theoretical growth
model is still missing. This paper in general tries to uncover the link
between own- and neighbour-related regional entrepreneurial activity in
innovation and regional growth within a spatial semi-endogenous growth
model in the spirit of Jones (1995) reflecting recent empirical
findings on entrepreneurial activity for economic growth. The paper
derives an explicit solution for the transitional as well as for the
balanced growth path level of ideas.
JEL: M13, O31, R5
Paper:
Paper available as pdf-file.
Beitrag Nr. 317, Volkswirtschaftliche Diskussionsreihe, Institut
für
Volkswirtschaftslehre der Universität Augsburg
Contact:
Torben
Klarl, University of Augsburg, Department of Economics,
D-86135
Augsburg,
Germany, phone +49-821-598-4189, fax +49-821-598-4229
email: torben.alexander.klarl@wiwi.uni-augsburg.de
Bo., 23.12.2010