기업가정신, 지식을 통한 경제성장 = The Economic Growth via Knowledge Accumulation and Entrepreneurship

다국어 초록 (Multilingual Abstract)

We investigate the relationship among knowledge stock, entrepreneurship, and GDP(or total factor productivity) using VAR(Vector Autoregressive) model and Korea data 1980-2009. According to the empirical result, knowledge stock affects has a positive effect on entrepreneurship, economic growth, and TFP (total factor productivity). Compared with above result, an increase in entrepreneurship affects economic growth significantly, but does not have significant effect on TFP which implies economic innovation capacity. These results provide that Korea needs to facilitate commercialization of development technology resulting entrepreneurship as well as to accumulate knowledge via R&D activities. In particular, it is necessary to improve innovativeness of entrepreneurship.

참고문헌 (Reference)

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