G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4769
DP4769 The Coordinated Effects of Mergers in Differentiated Products Markets
Kai-Uwe Kühn
发表日期2004-12-23
出版年2004
语种英语
摘要The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge and human capital endogenously generate economic growth through the spillover of knowledge. Endogenous growth theory does not explain how or why spillovers occur. The missing link is the mechanism converting knowledge into economically relevant knowledge. This Paper develops a model that introduces a filter between knowledge and economic knowledge and identifies entrepreneurship as a mechanism that reduces the knowledge filter. A cross-country regression analysis over the period 1981-2001 provides empirical support for the model. We conclude that public policies facilitating knowledge spillovers through entrepreneurship may be an important new approach to promoting economic growth.
主题Industrial Organization
关键词Endogenous growth Knowledge Innovation entrepreneurship
URLhttps://cepr.org/publications/dp4769
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/533685
推荐引用方式
GB/T 7714
Kai-Uwe Kühn. DP4769 The Coordinated Effects of Mergers in Differentiated Products Markets. 2004.
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