Entrepreneurship, Geography, and American Economic Growth
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Entrepreneurship, Geography, and American Economic Growth by Zoltan J. Acs
Book DescriptionThe 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. Zoltan Acs and Catherine Armington use a knowledge spillover theory of entrepreneurship to explain new firm formation rates in regional economies during the 1990s period and beyond. The fastest-growing regions are those that have the highest rates of new firm formation, and which are not dominated by large businesses. The authors of this text also find support for the thesis that knowledge spillovers move across industries and are not confined within a single industry. As a result, they suggest, regional policies to encourage and sustain growth should focus on entrepreneurship among other factors.
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Book DetailsISBN: 9780521843225
(216mm x 138mm x 19mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 19-Jun-2006
Country of Publication: United Kingdom
Books By Author Zoltan J. Acs
Entrepreneurship, Growth, and Public Policy, Paperback (September 2013)
This volume provides a lens to analyze public policy decisions involving entrepreneurship.
Entrepreneurship, Geography, and American Economic Growth, Paperback (July 2011)
This text explains how economic growth spread through entrepreneurship in the United States in the 1990s.
Entrepreneurship, Small and Medium-sized Enterprises, and the Macroeconomy, Paperback (February 2011)» View all books by Zoltan J. Acs
This 1999 collection examines the role of the entrepreneur in the development of the US economy.
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Author Biography - Zoltan J. Acs
Zoltan J. Acs is the Doris and Robert McCurdy Distinguished Professor of Entrepreneurship and Innovation in the Robert G. Merrick School of Business, University of Baltimore, and a Research Scholar at the Max-Planck Institute for Economics. Previously he was a Research Fellow at the U.S. Bureau of the Census and Chief Economist at the U.S. Small Business Administration. Professor Acs has published over 75 scholarly articles in leading academic journals and twenty books. His most recent publication is Innovation and the Growth of Cities (2002). He is the founder and editor of Small Business Economics, the leading international journal in entrepreneurship and the recipient of the 2001 Small Business and Entrepreneurship Research Award given by the Swedish Foundation for Small Business. Professor Acs's primary research interests are entrepreneurship, technological change and economic development. Catherine Armington is a Research Fellow in the U.S. Bureau of the Census.
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