This study builds on the knowledge spillover theory of entrepreneurship to examine the factors that influence the decision of latent entrepreneurs to move from opportunity recognition to opportunity exploitation and emergent entrepreneurship. Using data on independent inventors from 1975 to 2010, we examine how social, geographic, and industry knowledge spillovers influence the likelihood of technological entrepreneurship. We find that social and geographic knowledge spillovers promote independent inventors’ transition to entrepreneurship, while industry knowledge spillovers may result in deterrents that inhibit their hazard of forming a new venture.

中文翻译：

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从独立发明家到发明家企业家：创业知识溢出理论的应用

本研究建立在创业知识溢出理论的基础上，探讨影响潜在企业家从机会识别到机会利用和新兴创业决策的因素。使用 1975 年至 2010 年独立发明家的数据，我们研究了社会、地理和行业知识溢出如何影响技术创业的可能性。我们发现，社会和地理知识溢出促进了独立发明家向创业的转变，而行业知识溢出可能会产生威慑因素，抑制他们组建新企业的风险。