THE PROCESS OF CREATIVE CONSTRUCTION: KNOWLEDGE SPILLOVERS, ENTREPRENEURSHIP, AND ECONOMIC GROWTH

    Authors

    R. Agarwal; D. Audretsch;M. B. Sarkar

    Comments

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    Abbreviated Journal Title

    Strateg. Entrep. J.

    Keywords

    entrepreneurship; economic growth; creative destruction; knowledge; spillovers; US AUTOMOBILE-INDUSTRY; RESOURCE-BASED VIEW; R-AND-D; ORGANIZATIONAL-CHANGE; DYNAMIC CAPABILITIES; ESTABLISHED FIRMS; STRATEGIC MANAGEMENT; PRODUCT INNOVATIONS; START-UPS; PERFORMANCE; Business; Management

    Abstract

    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. Copyright (C) 2008 Strategic Management Society.

    Journal Title

    Strategic Entrepreneurship Journal

    Volume

    1

    Issue/Number

    3-4

    Publication Date

    1-1-2007

    Document Type

    Article

    Language

    English

    First Page

    263

    Last Page

    286

    WOS Identifier

    WOS:000207897000008

    ISSN

    1932-4391

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