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What is Knowledge Spillover Theory of Entrepreneurship

Handbook of Research on Nascent Entrepreneurship and Creating New Ventures
This theory posits that Knowledge created endogenously results in knowledge spillovers, which allow entrepreneurs to identify and exploit opportunities.
Published in Chapter:
Knowledge Spillovers and Strategic Entrepreneurship Revisited: A Review
Mohammad Bagheri (IPAM, Portugal) and Alexandra França (University of Vigo, Spain)
DOI: 10.4018/978-1-7998-4826-4.ch007
Abstract
The new concepts of knowledge spillovers and strategic entrepreneurship have received attention from both academia and professionals alike. The association between the two and the impacts of one on another is of great interest to both segments due to the significant potentials of the knowledge spillovers on the economic growth of its surrounding regions. Thus, this chapter aims to uncover the theoretical and empirical research on knowledge spillovers and strategic entrepreneurship in the management context. The chapter follows a review approach to discover and extract the most relevant concepts in this conversation. This chapter is set forth to introduce a brief look at the background of the knowledge spillover theory of entrepreneurship and the relationship between knowledge spillovers and strategic entrepreneurship. It is finalized by the avenues of the research and conclusion.
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