Entrepreneurship Capital and Economic Performance
The authors introduce a new factor, entrepreneurship capital, and link it to output in the context of a production function model. The paper explains what is meant by entrepreneurship capital and why it should influence economic output. A production function model including several different measures of entrepreneurship capital is then estimated for German regions.
Link
ftp://papers.mpiew-jena.mpg.de/egp/discussionpapers/2004-01.pdf