- A-Z
- Jena Economic Resea...
- Volume 2
- The Process of Crea...
The Process of Creative Construction: Knowledge Spillovers, Entrepreneurship and Economic Growth
- Autor(in)
- Erschienen
- 30. Januar 2008
- Nummer des Discussion-Papers
-
2008-008
- Schlagwort(e)
-
creative destruction
entrepreneurship
growth
spillovers
- Zusammenfsg.
-
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 entrepreneurship whereby knowledge investments by existing organizations, when coupled with entrepreneurial action by individuals embedded in their context, results in new venture creation, heterogeneity in performance and subsequent growth in industries, regions and economies. The framework has implications for future research in entrepreneurship, strategy and economic growth.
- article pub. typess JER
- Research article
- article languages JER
- Englisch
- article research fields JER
- entrepreneurship
- JEL-Classification for JER
- L16 - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure; Industrial Price Indices ; L21 - Business Objectives of the Firm ; M13 - New Firms; Startups ; O11 - Macroeconomic Analyses of Economic Development ; O40 - General ; O57 - Comparative Studies of Countries