Development Paths in the Knowledge Economy: Innovation and Entrepreneurship in Greece

被引:12
作者
Liargovas P. [1 ]
Repousis S. [1 ]
机构
[1] Department of Economics, School of Economics and Management, University of Peloponnese, Terma Karaiskaki street (OAED Building), Tripolis
关键词
Economic growth; Entrepreneurship; Greece; Knowledge;
D O I
10.1007/s13132-013-0176-1
中图分类号
学科分类号
摘要
This paper examines the development paths of Greece, as these are reflected in different regions of the country. It adopts the theoretical framework of Business Knowledge Society, which is both an extension and reformulation of both the neoclassical growth function and the endogenous growth function. The validity of the model of Business Knowledge Society in Greece is investigated through the effect of the stock of physical capital and labor, human capital, knowledge capital, and venture capital in the resulting product of each region. The results of this paper show that entrepreneurship capital exerts a strong positive impact on the region’s economic output. It is implied that investments in entrepreneurship capital are more productive compared with investments in knowledge capital. © 2013, Springer Science+Business Media New York.
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收藏
页码:1063 / 1077
页数:14
相关论文
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