Entrepreneurship polices are perceived as an effective means to shape regional development and facilitate innovation. However, empirical evidence on the full scope of public cluster policy and the associated impact on entrepreneurial engagement is scarce. This paper addresses this issue and...

Questioning the underlying assumptions of the process of creative destruction, we conceptualize an alternative process of creative construction that may characterize the dynamics between entrants and incumbents. We discuss the underlying mechanism of knowledge spillover strategic...

Marshall's student Pigou noted: It's all in Marshall. From a static point of view, this seems rather bold in a constantly changing world. However, this statement becomes more plausible in a dynamic context, where principles are subject to change. Indeed, over time, Marshall's concept of external...

This Paper links the performance of new technology firms, measured in terms of growth, to geographic location. We introduce a model of firm growth that is specific to characteristics of the location as well as the firm and industry. The model is estimated using a new dataset identifying the...

In this paper we investigate the determinants of entrepreneurial activity in a cross section of German regions for the period 1998-2005. Departing from the knowledge spillover theory of entrepreneurship, the focus of our analysis is on the role of the regional environment and, in particular,...

In diesem Beitrag werden mögliche Einflussfaktoren auf die Standortentscheidung von Unternehmen in der Umgebung von Universitäten aufgezeigt. Dabei wird auf Studien zurückgegriffen, die anhand der am Neuen Markt gelisteten Unternehmen durchgeführt wurden. Als wesentliche Einflussfaktoren auf...

In diesem Beitrag werden mögliche Einflussfaktoren auf die Standortentscheidung von Unternehmen in der Umgebung von Universitäten aufgezeigt. Dabei wird auf Studien zurückgegriffen, die anhand der am Neuen Markt gelisteten Unternehmen durchgeführt wurden. Als wesentliche Einflussfaktoren auf...

Marshall's student Pigou noted: quot;It's all in Marshall.quot; From a static point of view, this seems rather bold in a constantly changing world. However, this statement becomes more plausible in a dynamic context, where principles are subject to change. Indeed, over time, Marshall's concept...

Paradoxically, what powers knowledge-based economies is not knowledge. Rather, it is their capacity for creativity. Creativity transforms knowledge into valuable ideas and products, resulting in innovation and entrepreneurial activity. Previous research has stressed the relevance of creativity...