Knowledge Arbitrage, Serendipity, and Acquisition Formality: Their Effects on Sustainable Entrepreneurial Activity in Regions
通过基于主体的模拟，研究知识获取形式（正式与非正式）和知识套利、偶然发现如何影响不同知识丰富程度区域的新企业形成与可持续创业，发现知识稀缺区域中正式获取和套利更有效，而知识丰富区域中非正式获取和偶然发现更优。
We explore heterogeneity in the formation of new ventures within regions using agent-based simulation methodology. The study draws on entrepreneurial knowledge and action literature to examine the roles of knowledge acquisition and transformation in regional sustainability of new venture formation. A model of new venture growth pitted against incumbent firm innovation is tested on configurations of regional knowledge landscapes. Results of this analysis suggest that competing entrepreneurship perspectives of knowledge spillover and network-based new venture formation coexist and even interact. Formal knowledge acquisition and knowledge arbitrage are more effective formation mechanisms in knowledge-scarce regions, while informal knowledge acquisition and serendipity produce the highest levels of new venture formation in knowledge-rich regions. New ventures with smaller networks tend to exhibit higher likelihood of formation than those with larger networks. Formal knowledge acquisition and arbitrage not only improve survival early in the evolution of regions, but also create the basis for informal, serendipitous knowledge appropriation's superior influence on sustainable entrepreneurship. These results provide a platform for future research regarding theoretical perspectives on new venture formation, suggest growth strategies to entrepreneurs, and offer guidance to policymakers and economic development professionals who strive to increase the entrepreneurial activity of their regions or countries.