Abstract
We draw on the knowledge spillover literature to suggest that a country's proportion of export-oriented new ventures represents an outcome of knowledge spillovers that stem from foreign direct investment (FDI) and international trade (export spillovers) as well as a source of knowledge spillovers (entrepreneurship spillovers). To test the hypotheses, we use macrolevel data from 34 countries during the period 2002-2005. We find that the relationship between FDI and international trade on the one hand and a country's proportion of export-oriented new ventures on the other differs for higher- and lower-income countries. In addition, a country's proportion of export-oriented new ventures affects the subsequent emergence of new businesses.
Original language | Undefined/Unknown |
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Pages (from-to) | 283-303 |
Number of pages | 21 |
Journal | Small Business Economics |
Volume | 31 |
Issue number | 3 |
DOIs | |
Publication status | Published - 2008 |
Research programs
- EUR ESE 30