Localized competition in the knowledge spillover theory of entrepreneurship

被引：94
|
作者：
Plummer, Lawrence A. [1 ]
Acs, Zoltan J. [2 ]
机构：
[1] Univ Oklahoma, Price Coll Business, Norman, OK 73019 USA
[2] George Mason Univ, Sch Publ Policy, Fairfax, VA 22030 USA
来源：
JOURNAL OF BUSINESS VENTURING | 2014年 / 29卷 / 01期
基金：
美国国家科学基金会;
关键词：
Knowledge spillovers; New ventures; Geography; UNIVERSITY-RESEARCH; INNOVATION; LOCATION; GROWTH; FILTER;
D O I：
10.1016/j.jbusvent.2012.10.003
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The knowledge spillover theory of entrepreneurship predicts that the relationship between new knowledge and entrepreneurial activity depends on the commercialization efficiency of incumbents. We extend the theory to contend that localized competition impedes entrepreneurial activity by reducing the incentive to exploit new knowledge, and we test this conjecture using spatial panel estimation. We find a positive relationship between new knowledge and entrepreneurial activity, which is negatively moderated by localized competition. We also find that greater agglomeration counteracts the moderating effect localized competition has on the relationship between new knowledge and entrepreneurial activity. (C) 2012 Elsevier Inc. All rights reserved.
引用
收藏
页码：121 / 136
页数：16
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