The knowledge spillover theory of entrepreneurship: an application to foreign direct investment

Zoltan J. Acs, David J. Brooksbank, Colm O’Gorman, David Pickernell, Siri Terjesen

    Research output: Contribution to journalArticlepeer-review

    Abstract

    Does the knowledge spillover theory of entrepreneurship provide an explanation for the emergence of knowledge-based entrepreneurship in Ireland and Wales? To examine the reasons for different levels of knowledge-based entrepreneurship in these two regions we explore FDI and entrepreneurship policy. We outline key measures of knowledge creation, and evaluate the extent and nature of FDI activity and its relationship with entrepreneurship in general and knowledge-based entrepreneurship in particular. Policy implications include the need for more integrated policy directions for countries that are
    characterised by weak knowledge creating institutions yet wish to encourage knowledge-based entrepreneurship.
    Original languageEnglish
    Pages (from-to)237 - 261
    Number of pages24
    JournalInternational Journal of Entrepreneurship and Small Business
    Volume15
    Issue number2
    DOIs
    Publication statusE-pub ahead of print - 31 Dec 2012

    Keywords

    • knowledge spillovers
    • foreign direct investment
    • knowledge-based entrepreneurship
    • entrepreneurship policies

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