Intellectual capital and entrepreneurial capital as driver forces of regional growth
Keywords:
Entrepreneurship, Economic growth, Innovation, Knowledge, SpainAbstract
There is broad consensus accepting a direct relationship between the ability to create companies in a country and its economic growth. However, it is interesting to go into greater depth in the analysis of the factors that increase the economic growth of the regions. This study aims to demonstrate whether entrepreneurship is the catalyst element, which in combination with a high level of intellectual capital becomes a factor for economic growth in the Spanish autonomous regions, within the context of the knowledge economy. The findings of the study highlight the need to disseminate and promote the entrepreneurial culture in the field of knowledge economy, especially among micro- and small entrepreneurs, who are majorcontributors to economic activity and labour productivity.
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