Incentivizing knowledge institutions for entrepreneurship and society
Aparicio, Sebastián (Universitat Autònoma de Barcelona. Departament d'Empresa)
Hughes, Mathew (University of Leicester)
Audretsch, David (Indiana University Bloomington)
Urbano, David (Universitat Autònoma de Barcelona. Departament d'Empresa)

Data:	2023
Descripció:	27 pàg.
Resum:	Going beyond the traditional approach of formal and informal institutions as antecedents of entrepreneurship (directly) and development (indirectly), this paper seeks to explore knowledge institutions as a necessary input for entrepreneurship and the development of societies. Institutional economics lenses are utilized to observe other factors (e. g. the number of R&D staff and researchers from the public sector) that involve laws and socialization processes, which at the same time create knowledge useful for entrepreneurs and society. These ideas are tested through a sample of 281 observations from 17 autonomous communities and two autonomous cities in Spain. The information coming from the Global Entrepreneurship Monitor (GEM), Ministry of Economics, Industry, and Competitiveness, and INE (Instituto Nacional de Estadística), was analyzed through 3SLS, which is useful for a simultaneous equation strategy. Knowledge institutions such as the number of R&D staff and researchers from the public sector are found positively associated with entrepreneurship, which is a factor directly and positively linked to economic development across Spanish regions. The findings help the operationalization of other institutions considered in institutional economics theory and its application to entrepreneurship research. Moreover, the results bring new insights into the knowledge spillover theory of entrepreneurship in the public sector, in which the institutional analysis is implicit.
Ajuts:	Ministerio de Economía y Competitividad ECO2017-87885-P Agència de Gestió d'Ajuts Universitaris i de Recerca 2017/SGR-1056
Nota:	Altres ajuts: acords transformatius de la UAB
Nota:	Altres ajuts: ICREA Academia programme
Drets:	Aquest document està subjecte a una llicència d'ús Creative Commons. Es permet la reproducció total o parcial, la distribució, la comunicació pública de l'obra i la creació d'obres derivades, fins i tot amb finalitats comercials, sempre i quan es reconegui l'autoria de l'obra original.
Llengua:	Anglès
Document:	Article ; recerca ; Versió publicada
Matèria:	Development ; Entrepreneurship ; Institutions ; Knowledge ; Society
Publicat a:	International Journal of Entrepreneurial Behaviour and Research, 2023, p. 1-26, ISSN 1355-2554

DOI: 10.1108/IJEBR-07-2022-0652

26 p, 262.4 KB

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