Description
Book SynopsisThis 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 but 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.
Trade Review'An extremely valuable tool for the student of innovation and regional development. The structure of the book - a collection of previously published articles and book chapters - offers a final result that, although organized around a common theme, comprises chapters that are independent from another. This allows the reader to concentrate on specific subtopics of interest. The book also has the advantage of offering a very good description of the methodology used to arrive at the results.' -- Pierre-Marcel Desjardins, Journal of Regional Science
'This book is both topical and of real-world interest. It brings some careful empirical analysis to the question of how localized knowledge is generated and diffuses within metropolitan areas.' -- Daniel Felsenstein, Journal of Economic Literature
’. . . this is an impressive collection of work. The author's eclectic style is well managed and his evidence is persuasive. The book will improve the debate on regional growth issues including public policy. I would recommend this book to anyone studying regional economic or growth issues.' -- William H. Rogers, Journal of Economic Issues
'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, US
Table of ContentsContents: Foreword by Richard Florida Preface 1. Technology and Entrepreneurship 2. Knowledge, Innovation and Firm Size 3. Local Geographic Spillovers 4. Sectoral Characteristics 5. Innovation of Entrepreneurial Firms 6. Capital Structure, Innovation and Firm Size 7. Employment Growth in Metropolitan Areas 8. Employment, Wages and R&D Spillovers 9. Heterogeneity versus Specialization 10. Regional Innovation Systems 11. Epilogue: Towards a ‘New Model of Regional Economic Development’? Appendices A. The Innovation Database B. Innovation, R&D Lab Employment and University Research by State C. Innovation, R&D Lab Employment and University Research by MSA D. Innovation, Private R&D Lab Employment and University Research by MSA and Industry Sector E. Industry Groupings F. List of Variables References Index
