Innovation, Entrepreneurship, and Metropolitan Economic Performance

Tsvetkova, Alexandra

doi:10.1177/0891242415581398

Cited by 53 publications

(43 citation statements)

References 48 publications

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“…Institutions and policies play an important role in these ecosystems. The papers in this special issue show the importance of institutions and policies on, 12 Tsvetkova (2015) found empirical support for "the translation hypothesis" but not for "the penetration hypothesis." 13 The number of studies that examine the value of cultural diversity for entrepreneurship seems to be rather limited (Audretsch et al 2010;Cheng and Li 2012;Rodriguez-Pose and Hardy 2015).…”

Section: The Contributions In This Special Issuementioning

confidence: 99%

Diversity, innovation and entrepreneurship: where are we and where should we go in future studies?

2019

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In this paper, we review and comment upon the development of the literature on diversity, innovation, and entrepreneurship. In an overview of previous studies and various strands of literatures, we outline and argue that to better understand the intricate dynamic relationships between diversity, innovation, entrepreneurship, and regional development there is a strong need to further develop "the economics of spatial diversity." We further argue that this development may benefit from combining various literatures based upon sound economic micro-foundations, to develop a more absolute understanding of diversity and fulfill the need of more clear mechanisms for future empirical testing. Obviously, this is important both from a research point of view and in order to provide policymakers with a powerful set of analytical tools. We call for more analytical work and more high-quality empirical studies. With a set of papers, we believe this special issue to provide a contribution in this direction.

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Section: The Contributions In This Special Issuementioning

confidence: 99%

Diversity, innovation and entrepreneurship: where are we and where should we go in future studies?

2019

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“…The importance of entrepreneurship as an engine of regional economic growth is widely recognized (Malecki, 1994;Santarelli & Vivarelli, 2007;Stephens et al, 2013;Tsvetkova, 2015). Although entrepreneurship is often measured by the share of self-employment in empirical studies (e.g.…”

Section: Self-employment Resource Endowment and Economic Performancementioning

confidence: 99%

The shale revolution and entrepreneurship: An assessment of the relationship between energy sector expansion and small business entrepreneurship in US counties

Tsvetkova

Partridge

2017

Energy

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A vast literature documents an important role that entrepreneurs play in regional economic growth and overall regional socioeconomic wellbeing. Entrepreneurship is particularly important for economic health of rural and remote areas. The recent shale boom brought growth to many communities creating new jobs; however, it is unclear how these effects are distributed across self-employed and wage and salary segments of local economies. The resource curse literature suggests that a booming energy sector may crowd out entrepreneurship. Given the self-reinforcing nature of local self-employment and entrepreneurship in general, such a negative impact of expanding energy sector, if present, is likely to suppress future growth prospects in regions that experience the shale revolution.Using SUR and IV approaches and a differencing strategy, this paper estimates the effects of the growth in oil and gas extraction industry on self-employment growth in metropolitan and rural US counties during the 2001-2013 period. The results suggest that after three years, oil and gas sector expansion tends to crowd out self-employment. In contrast, energy sector expansion promotes wage and salary employment growth in nonmetro counties but has crowding out effects in metro counties. Overall, we find that the expanding energy sector suppresses self-employment, especially in rural communities, in line with one mechanism of the resource curse.

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“…In the recent years, both researchers and policymakers have increasingly paid attention to investigate the link between innovation, entrepreneurship, and regional outcomes (Galindo and Mendez-Picazo 2014;Grossman 2009;Howells 2005;Malerba and Brusoni 2007;Tsvetkova 2015;Wang et al 2005). However, in this paper, we specifically 1 look into the linkage between innovation 2 and economic growth in the selected European countries.…”

mentioning

confidence: 98%

“…labour mobility (Almeida and Kogut 1999), and other potential facilitators of spillovers (Tsvetkova 2015).…”

mentioning

confidence: 99%

Does innovation promote economic growth? Evidence from European countries

et al. 2017

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The paper examines the long-run relationship between innovation and per capita economic growth in the 19 European countries over the period 1989-2014. This study uses six different indicators of innovation: patents-residents, patents-nonresidents, research and development expenditure, researchers in research and development activities, high-technology exports, and scientific and technical journal articles to examine this long-run relationship with per capita economic growth. Using cointegration technique, the study finds evidence of long-run relationship between innovation and per capita economic growth in most of the cases, typically with reference to the use of a particular innovation indicator. Using Granger causality test, the study finds the presence of both unidirectional and bidirectional causality between innovation and per capita economic growth. These results vary from country to country, depending upon the types of innovation indicators that we use in the empirical investigation process. Most importantly, the study finds that all these innovation indicators are considerably linked with per capita economic growth. This particular linkage is either supply-leading or demand-following in some occasions, while it is the occurrence of both in some other occasions. The policy implication of this study is that countries should recognize the differences in innovation and per capita economic growth in order to maintain sustainable development in these countries.

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Innovation, Entrepreneurship, and Metropolitan Economic Performance

Cited by 53 publications

References 48 publications

Diversity, innovation and entrepreneurship: where are we and where should we go in future studies?

Diversity, innovation and entrepreneurship: where are we and where should we go in future studies?

The shale revolution and entrepreneurship: An assessment of the relationship between energy sector expansion and small business entrepreneurship in US counties

Does innovation promote economic growth? Evidence from European countries

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