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Related Variety, Unrelated Variety, and Regional Growth: The Role of Absorptive Capacity and Entrepreneurship

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TLDR
In this article, the authors investigated the effect of related and unrelated variety on regional growth in West Germany and analyzed the role of regional absorptive capacity and new business formation for these effects.
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Clusters and firm-level innovation: A configurational analysis of agglomeration, network and institutional advantages in European aerospace

TL;DR: In this paper, the authors apply fuzzy-set Qualitative Comparative Analysis (fsQCA) to a sample of firms in European aerospace clusters, uncover that innovation outcomes can only be explained through combinations of internal assets, and external resources provided by geography, networks, and institutions.
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Do the creative industries support growth and innovation in the wider economy? Industry relatedness and employment growth in Italy

TL;DR: The role of the cultural and creative industries (CCIs) in fostering innovation and growth in the wider economy has been much debated, beginning with Bakhshi et al.'s seminal contribution.
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Does related variety foster regional entrepreneurship? : Evidence from European regions

TL;DR: In this paper, the authors identify positive effects of related variety among a region's economic sectors on employment growth, but the exact mechanisms through which knowledge spillovers between sectors are identified.
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Related variety as a driver of regional innovation and entrepreneurship: A moderated and mediated model with non-linear effects

TL;DR: In this paper, the authors investigated the relationship between related variety, regional innovation and entrepreneurship in 60 Swedish functional analysis regions for the years 2008-2016 and found that related variety fosters innovation and employment growth by facilitating knowledge spillovers.
Dissertation

An exploration of how Black Swan Trigger Events impact High Growth Small Firms : case studies from the North East of England

Roy Stanley
TL;DR: In this article, the authors explored how Black Swan Trigger Events (BSTEs) impact high growth small firms (HGSFs) using case studies based in the North East of England and provided academic and practical insights into the process of growth experienced by HGSFs.
References
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Absorptive capacity: a new perspective on learning and innovation

TL;DR: In this paper, the authors argue that the ability of a firm to recognize the value of new, external information, assimilate it, and apply it to commercial ends is critical to its innovative capabilities.
Journal ArticleDOI

Increasing Returns and Long-Run Growth

TL;DR: In this paper, the authors present a fully specified model of long-run growth in which knowledge is assumed to be an input in production that has increasing marginal productivity, which is essentially a competitive equilibrium model with endogenous technological change.
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Another look at the instrumental variable estimation of error-components models

TL;DR: In this paper, a framework for efficient IV estimators of random effects models with information in levels which can accommodate predetermined variables is presented. But the authors do not consider models with predetermined variables that have constant correlation with the effects.
Book

Theory of Economic Development

TL;DR: The theory of economic development was first published in 1911 by Schumpeter as discussed by the authors, who argued that economics is a natural self-regulating mechanism when undisturbed by "social and other meddlers." In his preface he argues that despite weaknesses, theories are based on logic and provide structure for understanding fact.
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How to do Xtabond2: An Introduction to Difference and System GMM in Stata

TL;DR: This pedagogic paper first introduces linear GMM, and shows how limited time span and the potential for fixed effects and endogenous regressors drive the design of the estimators of interest, offering Stata-based examples along the way.
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