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Regional entrepreneurship and innovation in Chile: a knowledge matching approach

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  • Félix Modrego
  • Philip McCann
  • William Foster
  • M. Olfert

Abstract

This paper presents a model of regional innovation based on the matching of research and entrepreneurial skills. We provide a method of empirically testing the model using a dynamic knowledge matching (KM) function, which is applied to data on patent applications and new firms in Chilean municipalities for the period 2002–2008. The estimations confirm the explanatory power of the KM mechanism regarding the spatial variation of innovation in the country, a result that is largely robust to the consideration of other main hypotheses of regional innovation. This evidence warrants further consideration of the spatial dimension of innovation in the country. It also suggests that there are unexploited synergies to be had between support policies for innovation and support policies for entrepreneurship in the context of regional development initiatives. Copyright Springer Science+Business Media New York 2015

Suggested Citation

  • Félix Modrego & Philip McCann & William Foster & M. Olfert, 2015. "Regional entrepreneurship and innovation in Chile: a knowledge matching approach," Small Business Economics, Springer, vol. 44(3), pages 685-703, March.
    • Handle: RePEc:kap:sbusec:v:44:y:2015:i:3:p:685-703
    DOI: 10.1007/s11187-014-9612-2
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    Cited by:

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    3. Catalán, Pablo & Navarrete, Carlos & Figueroa, Felipe, 2022. "The scientific and technological cross-space: Is technological diversification driven by scientific endogenous capacity?," Research Policy, Elsevier, vol. 51(8).
    4. Colombelli, Alessandra & Krafft, Jackie & Vivarelli, Marco, 2016. "New Firms and Post-Entry Performance: The Role of Innovation," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201602, University of Turin.
    5. Li, Yutao & Zhang, Jinning & Lyu, Yanwei, 2023. "Does telecommunications infrastructure promote entrepreneurship in developing countries? Evidence from a quasi-natural experiment in China," Structural Change and Economic Dynamics, Elsevier, vol. 66(C), pages 106-119.
    6. Mauricio Oyarzo & Gianni Romani & Miguel Atienza & Marcelo Lufin, 2015. "Spatio-temporal persistence of municipal rates of business start-ups in Chile," Documentos de Trabajo en Economia y Ciencia Regional 61, Universidad Catolica del Norte, Chile, Department of Economics, revised Jul 2015.
    7. Erik E. Lehmann & Matthias Menter, 2016. "University–industry collaboration and regional wealth," The Journal of Technology Transfer, Springer, vol. 41(6), pages 1284-1307, December.
    8. Carlo Corradini & Pelin Demirel & Giuliana Battisti, 2016. "Technological diversification within UK’s small serial innovators," Small Business Economics, Springer, vol. 47(1), pages 163-177, June.
    9. Karolis Matikonis & Matthew Gobey, 2024. "Small Business Property Tax Reductions and Firm Productivity," Small Business Economics, Springer, vol. 62(1), pages 307-324, January.
    10. Félix Modrego & Dusan Paredes & Gianni Romaní, 2017. "Individual and place-based drivers of self-employment in Chile," Small Business Economics, Springer, vol. 49(2), pages 469-492, August.

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    More about this item

    Keywords

    Innovation; Entrepreneurship; Knowledge matching; Chile; L26; M13; O31; R12;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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