The Role of Entrepreneurial Human Capital as a Driver of Endogenous Economic Growth
研究了企业将生产能力用于投资创新知识（创业型人力资本）如何驱动内生增长，发现支持自由市场和高等教育的制度通过提升这种投资效率来促进增长，并用63国数据验证。
We model investment in entrepreneurial human capital (EHC)—the representative enterprise’s share of production capacity allocated to investment in innovative industrial and commercial knowledge—as a distinct channel through which firm-specific human capital drives endogenous growth. Our model suggests that institutional factors supporting free markets for goods and ideas and higher-educational attainments of entrepreneurs and workers enhance endogenous economic growth by augmenting the efficiency of investment in EHC rather than exclusively by themselves. We test these implications, using data from Global Entrepreneurship Monitor’s Adult Population Survey of 63 countries over 2002–10, and find robust support for these hypotheses.