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Entrepreneurship capital and economic performance

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dc.creator Audretsch, David B.
dc.creator Keilbach, Max
dc.date 2004
dc.date.accessioned 2013-10-16T07:07:37Z
dc.date.available 2013-10-16T07:07:37Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19946
dc.identifier ppn:384923720
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19946
dc.description The neoclassical model of the production, as applied by Robert Solow to built the neoclassical model of growth, linked labor and capital to output. More recently, Romer and others have expanded the model to include measures of knowledge capital. In this paper we introduce a new factor, entrepreneurship capital and why it should influence economic output. A production function model including several different measures of entrepreneurship capital is then estimated for german regions. The results indicate that entrepreneurship capital is a significant and important factor shaping output and productivity. These results suggest a new direction for policy that focuses on instruments to enhance entrepreneurship capital.
dc.language eng
dc.publisher
dc.relation Papers on entrepreneurship, growth and public policy 0104
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject O47
dc.subject O32
dc.subject M13
dc.subject ddc:330
dc.subject Produktionsfunktion
dc.subject Produktionsfaktor
dc.subject Unternehmer
dc.subject Unternehmensgründung
dc.subject Schätzung
dc.subject Deutschland
dc.title Entrepreneurship capital and economic performance
dc.type doc-type:workingPaper


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