Sources of Knowledge and Entrepreneurial Behavior

Sources of Knowledge and Entrepreneurial Behavior explores the relationship between knowledge sources and entrepreneurial behavior, using the Knowledge Spillover Theory of Entrepreneurship as a conceptual foundation. The book concludes that there is no singular source of knowledge driving entrepreneurship, but a plethora of knowledge sources that act on entrepreneurial performance in different ways.

Format: Hardback
Length: 208 pages
Publication date: 09 January 2019
Publisher: University of Toronto Press

Knowledge and Entrepreneurial Behavior is a comprehensive exploration of the intricate relationship between sources of knowledge and entrepreneurial behavior, holding significant relevance for both academics and policymakers. Authored by David B. Audretsch and Albert N. Link, this book employs the Knowledge Spillover Theory of Entrepreneurship as its conceptual framework, shedding light on the motivations behind individuals embarking on entrepreneurial ventures. To support their findings, Audretsch and Link utilize a comprehensive database encompassing over 4,000 small and relatively new European companies from 10 diverse countries, known as the AEGIS database. Through their meticulous analysis of this empirical evidence, they conclude that entrepreneurship is not driven by a singular source of knowledge but rather by a multitude of knowledge sources, each associated with distinct dimensions of entrepreneurial activity.

What sets this book apart is its intellectual breakthrough. Rather than simply emphasizing the importance of knowledge or its relevance to entrepreneurship, Audretsch and Link reveal that knowledge, particularly entrepreneurial knowledge, is a heterogeneous phenomenon. They showcase that multiple sources of knowledge exert diverse influences on entrepreneurial performance, operating through a multitude of mechanisms.

This insightful revelation has profound implications for both researchers and practitioners. It underscores the need for a multi-faceted approach to understanding and supporting entrepreneurship, recognizing that a single source of knowledge cannot fully explain the complex dynamics of entrepreneurial behavior. By acknowledging the diverse nature of knowledge sources, policymakers can develop more effective strategies and initiatives that foster knowledge creation, dissemination, and utilization, ultimately promoting a more vibrant and dynamic entrepreneurial ecosystem.

For academics, Knowledge and Entrepreneurial Behavior provides a rich foundation for further research and inquiry. It encourages scholars to explore the multifaceted nature of knowledge and its impact on entrepreneurial performance, fostering a deeper understanding of the complex dynamics that shape entrepreneurial endeavors. By delving into the various sources of knowledge and their interactions, researchers can develop new theories, models, and methodologies that contribute to the field of entrepreneurship.

In conclusion, Knowledge and Entrepreneurial Behavior is a groundbreaking work that sheds light on the intricate relationship between sources of knowledge and entrepreneurial behavior. By employing a robust empirical foundation and a multi-dimensional perspective, Audretsch and Link offer valuable insights that have the potential to transform our understanding of entrepreneurship and inform effective policymaking. This book is a must-read for anyone interested in the field of entrepreneurship, business, and innovation.

Weight: 484g
Dimension: 164 x 237 x 18 (mm)
ISBN-13: 9781487501129