David Audretsch and new directions in spillover academic entrepreneurship

Abstract

David Audretsch's work emphasizes the importance of context for knowledge spillover entrepreneurship. His work helps explain why innovative activity is not evenly distributed geo-graphically. Instead, it has a tendency to cluster spatially within close geographic proximity to the knowledge source. Further, hi s work shows that con-texts with rich investments in knowledge generally exhibit greater entrepreneurial activity. This is in contrast with contexts lacking in knowledge investments since these generally show less entrepreneurial activity.