Overview

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, labour economics, regional science, geography and entrepreneurship, the book focuses on innovation and the growth of cities by the use of endogenous growth theory.

Full Product Details

Author:   Zoltán J. Ács ,  Richard Florida
Publisher:   Edward Elgar Publishing Ltd
Imprint:   Edward Elgar Publishing Ltd
Edition:   illustrated edition
Weight:   0.547kg
ISBN:  

9781840649369

ISBN 10:   1840649364
Pages:   264
Publication Date:   29 July 2002
Audience:   College/higher education ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   To order  
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Table of Contents

Contents: 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

Reviews

'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 '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, VU 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

`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 `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, VU 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

'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 '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, VU 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

Author Information

Zoltán J. Ács, Professor, London School of Economics and Political Science and University Professor, School of Policy, Government and International Affairs, George Mason University, US

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