| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 984852 | Research Policy | 2008 | 9 Pages |
Abstract
The knowledge paradox suggests that high levels of investment in new knowledge do not necessarily and automatically generate the anticipated levels of competitiveness of growth. In particular, knowledge investments do not automatically translate into balanced growth and competitiveness. The purpose of this paper is to explain why knowledge investments are inherently unbalanced, so that the competitiveness and growth ensuing from knowledge are not equally spread across individuals, firms, and spatial units of observation, such as regions and countries. Based on a data set linking entrepreneurial activity to growth within the context of German regions, this paper shows that entrepreneurship serves a conduit of knowledge spillovers.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
David B. Audretsch, Max Keilbach,