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Schumpeterian growth regimes

In: A Research Agenda for Entrepreneurship and Innovation

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  • Cristiano Antonelli

Abstract

The advances of the economics of knowledge provide the tools to study the changing organization of economic systems. Schumpeterian growth regimes identify the governance mechanisms of the generation and exploitation of knowledge as the engine of economic growth. The limited exhaustibility and appropriability of knowledge require specific coordination procedures at the system and the firm level to take advantage of the potential for increasing returns. The changing mix of such governance mechanisms enables us to identify the emergence and decline of different growth regimes: the entrepreneurial growth regime, the corporate growth regime and the knowledge growth regime.

Suggested Citation

  • Cristiano Antonelli, 2019. "Schumpeterian growth regimes," Chapters, in: David B. Audretsch & Erik E. Lehmann & Albert N. Link (ed.), A Research Agenda for Entrepreneurship and Innovation, chapter 2, pages 4-29, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:18157_2
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