Product Description: The spillovers in knowledge among largely college-educated workers were among the key reasons for the impressive degree of economic growth and spread of entrepreneurship in the United States during the 1990s. Prior 'industrial policies' in the 1970s and 1980s did not advance growth because these were based on outmoded large manufacturing models...read more

Product Description: `If the key to future global economic growth is the spread of innovation and entrepreneurship in the developing world, how can that spread be encouraged? The first steps are to determine the conditions that favor entrepreneurship, devise a way to measure them, and then assess the gaps and improvements needed in each country...read more

This book synthesizes Zoltan Acs' key contributions to the field of entrepreneurship. This invaluable selection of papers represents three decades of research that has resulted in an integrated and important contribution to understanding the evolution from managerial capitalism to an entrepreneurial society. The author explores how socio-economic transformation is placed within a larger context spanning two centuries of economic growth and development in a capitalist society. Zoltan Acs has introduced a radically different view of small firms and argues that entrepreneurs start new companies to deviate innovatively as agents of change creating entrepreneurial rents. Working at the intersection of geography, innovation and growth, these papers pave the way for the remodelling of economic society in the 21st century. One of the unique outcomes of this reconstruction of economic society is the need to focus attention on the links between entrepreneurship and philanthropy as the foundation of opportunity. This book spans close to 25 years of research, presenting collaborations with over a dozen leading international scholars across four disciplines. It represents a major contribution to the literature and to our understanding of the global economy and will be invaluable to those interested in entrepreneurship, political science and regional science and as well academics, graduate students and economists.

Product Description: This book analyzes the relative importance of small firms in developed Western nations and Eastern Europe, identifying their exact role and how this role has evolved over the past fifteen years. It reveals that there has been a consistent shift away from large firms and toward small enterprises within the manufacturing sectors of all Western countries, while the role of small firms in Eastern European nations has been remarkably restricted, suggesting that a major challenge for reform in Central and Eastern Europe is to create the strong entrepreneurial sector that exists in the West...read more

‘Zoltan Acs has produced one of the major works of the past decade or two that helps to explain why cities grow. A central premise and one supported by empirical analysis throughout the book is that entrepreneurship is an important local activity that translates raw knowledge (that by the way is shown to be highly local) into ideas and start-ups that grow and underpin and sustain metropolitan growth. This is a must read for all students and scholars of urban and national economic growth and related policies.’ - Roger R. Stough, George Mason University ‘Innovation is the driving force of the dynamics of regions and cities. Innovation however, is not an autonomous miracle, but is emerging out of knowledge creation and adoption. Thus, knowledge production is at the heart of economic progress. Zoltan Acs offers in this book a brilliant overview and convincing empirical evidence on the fascinating relationship between successful entrepreneurship and knowledge-intensive areas. His ideas form a unique blend of elements from the new economic geography, the new growth theory and the new innovation economics theory and provide a thorough analysis of the changing economic landscape in the US.’ - Peter Nijkamp, Free University, Amsterdam, The Netherlands ‘Acs’s book demonstrates the link between entrepreneurship, geographic proximity and economic growth. It identifies the missing links from a wide range of viewpoints and with a modern empirical flavor. It shows that a proper environment is needed for the idea to start a firm and to contribute to the economic development of this environment. Acs provides vital reading for academics and policymakers aiming to understand the role of spillovers and clusters when explaining the growth of cities. He captures the essence of the economic dynamics of cities in the modern economy.’ - Roy Thurik, Erasmus University Rotterdam, The Netherlands This new and original book by Zoltan Acs explores the relationship between industrial innovation and economic growth at the regional level and reaches conclusions as to why some regions grow and others decline. While the analysis draws on industrial organization, labor economics, regional science, geography and entrepreneurship, the book focuses on innovation and the growth of cities by the use of endogenous growth theory. The author argues that industrial innovation is the driving force behind long run regional growth, and explores the issues of how technology and entrepreneurship can foster and promote growth at the regional level. With its multidisciplinary approach, Innovation and the Growth of Cities will be warmly welcomed by academics and researchers alike in the areas of innovation and science, regional science and geography, entrepreneurship and evolutionary economics.

Product Description: Among the interesting developments of the 20th century has been the economic rise of such nations as Japan and Taiwan and the relative decline of Latin American countries, of the UK, and so on. In order to understand this ebb and flow, economists have begun to appreciate the evolutionary nature of socio-economic change, the important role that technological and research capabilities play in this dynamic, and the apparently paradoxical observation that globalization typically relies on local behaviour...read more (view table of contents, read Amazon.com's description)

Are Small Firms Important? Their Role and Impact proposes and supports the claim that small firms make two indispensable contributions to the economy. First, they are an integral part of the renewal process that pervades market economies. New and small firms play a crucial role in experimentation and innovation that leads to technological change, productivity and economic growth. Second, small firms are the essential mechanism by which millions enter the economic and social mainstream of American society. The public policy implications for sustained economic growth and social well-being is the continued high-level creation of new and small firms by all segments of society. It should be the role of government policy to facilitate that process by eliminating entry barriers, lowering transaction costs, and minimizing regulation.

Product Description: Entrepreneurship and globalization are two much-examined forces as we enter the new millennium--yet very little has been published on the intersection of small and medium-sized enterprises (SMEs) and the global economy. To close the gap, this volume delves into the intricate roles and consequences of such businesses on both global and domestic economies...read more (view table of contents, read Amazon.com's description)

Product Description: This text uses an economic analysis to develop a framework for the study of organisation. The authors develop key themes such as the international experience of the economic organisation, the influence of technological change and international comparisons of organisations...read more

Product Description: KEY BENEFIT: With this book, Acs and Gerlowski have bridged the gap between the traditional and organizational approaches to managerial economics. The approach throughout is designed to accurately reflect the changing business environment and integrate coverage with traditional business disciplines...read more (view table of contents, read Amazon.com's description)

Product Description: An analysis of market response to technological performance

Product Description: Utilizing a unique data set, Zoltan Acs and David Audretsch provide a rich empirical analysis of the increased importance of small firms in generating technological innovations and their growing contribution to the U.S. economy. They identify the contributions made by both small and large firms to the innovative process and the manner in which market structure, and the firm-size distribution in particular, responds to technological change...read more