Template-Type: ReDIF-Paper 1.0
Author-Name: Francesco D'Alessandro
Author-X-Name-First: Francesco
Author-X-Name-Last: D'Alessandro
Author-Email: francesco.dalessandro2@unicatt.it
Author-Workplace-Name: Dipartimento di Politica Economica, DISCE, Università Cattolica del Sacro Cuore, Milano, Italy
Author-Name: Enrico Santarelli
Author-X-Name-First: Enrico
Author-X-Name-Last: Santarelli
Author-Email: enrico.santarelli@unibo.it
Author-Workplace-Name: , Department of Economics, University of Bologna, Italy - Global Labor Organization (GLO), Essen, Germany
Author-Name: Marco Vivarelli
Author-X-Name-First: Marco
Author-X-Name-Last: Vivarelli
Author-Email: marco.vivarelli@unicatt.it
Author-Workplace-Name: Dipartimento di Politica Economica, DISCE, Università Cattolica del Sacro Cuore, Milano, Italy – UNU-MERIT, Maastricht, The Netherlands – IZA, Bonn, Germany
Title: The KSTE+I approach and the AI technologies
Abstract: In this paper we integrate the insights of the Knowledge Spillover Theory of Entrepreneurship and Innovation (KSTE+I) with Schumpeter's idea that innovative entrepreneurs creatively apply available local knowledge, possibly mediated by Marshallian, Jacobian and Porter spillovers. In more detail, in this study we assess the degree of pervasiveness and the level of opportunities brought about by AI technologies by testing the possible correlation between the regional AI knowledge stock and the number of new innovative ventures (that is startups patenting in any technological field in the year of their foundation).
Empirically, by focusing on 287 Nuts-2 European regions, we test whether the local AI stock of knowledge exerts an enabling role in fostering innovative entry within AI-related local industries (AI technologies as focused enablers) and within non AI-related local industries, as well (AI technologies as generalised enablers).
Results from Negative Binomial fixed-effect and Poisson fixed-effect regressions (controlled for a variety of concurrent drivers of entrepreneurship) reveal that the local AI knowledge stock does promote the spread of innovative startups, so supporting both the KSTE+I approach and the enabling role of AI technologies; however, this relationship is confirmed only with regard to the sole high-tech/AI-related industries.
Length: 40
Creation-Date: 2024-09
File-URL: http://dipartimenti.unicatt.it/politica-economica-DIPE0039.pdf
File-Format: Application/pdf
File-Function: First version, 2024
Number: dipe0039
Classification-JEL: O33, L26
Keywords: KSTE+I, Artificial Intelligence, innovative entry, enabling technologies 
Handle: RePEc:ctc:serie5:dipe0039