Entrepreneurship And Economic Growth In The American Economy

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The Role of Innovation and Entrepreneurship in Economic Growth

Michael J Andrews,Aaron Chatterji,Josh Lerner,Scott Stern
The Role of Innovation and Entrepreneurship in Economic Growth Book PDF

Author : Michael J Andrews,Aaron Chatterji,Josh Lerner,Scott Stern
Publisher : University of Chicago Press
Page : 633 pages
File Size : 47,8 Mb
Release : 2022-03-17
Category : Business & Economics
ISBN : 9780226810782

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The Role of Innovation and Entrepreneurship in Economic Growth by Michael J Andrews,Aaron Chatterji,Josh Lerner,Scott Stern Pdf

"Innovation and entrepreneurship are ubiquitous today, both as fields of study and as starting points for conversations among experts in government and economic development. But while these areas on continue to attract public and private investments, many measurements of their resulting economic growth-including productivity growth and business dynamism-have remained modest. Why this difference? Because not all business sectors are the same, and the transformative gains of some industries have been offset by stagnation or contraction in others. Accordingly, a nuanced understanding of the economy requires a nuanced understanding of where innovation and entrepreneurship occur and where they matter. Answering these questions allows for strategic public investment and the infrastructure for economic growth.The Role of Innovation and Entrepreneurship in Economic Growth, the latest entry in the NBER conference series, seeks to codify these answers. The editors leverage industry studies to identify specific examples of productivity improvements enabled by innovation and entrepreneurship, including those from new production technologies, increased competition, new organizational forms, and other means. Taken together, the volume illuminates whether the contribution of innovation and entrepreneurship to economic growth is likely to be concentrated, be it selected sectors or more broadly"--

Entrepreneurship and Economic Growth in the American Economy

Gary D. Libecap
Entrepreneurship and Economic Growth in the American Economy Book PDF

Author : Gary D. Libecap
Publisher : JAI Press Incorporated
Page : 252 pages
File Size : 42,6 Mb
Release : 2000-12-20
Category : Business & Economics
ISBN : 0762306890

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Entrepreneurship and Economic Growth in the American Economy by Gary D. Libecap Pdf

Includes a series of papers which examine the contributions of entrepreneurship education on the performance of graduates. Using survey data for 2,484 entrepreneurship and non-entrepreneurship graduates, this work provides an analysis which indicates that entrepreneurship education contributes to risk taking, and the formation of new ventures.

Where the Jobs Are

John Dearie,Courtney Geduldig
Where the Jobs Are Book PDF

Author : John Dearie,Courtney Geduldig
Publisher : John Wiley & Sons
Page : 248 pages
File Size : 46,9 Mb
Release : 2013-08-28
Category : Business & Economics
ISBN : 9781118745533

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Where the Jobs Are by John Dearie,Courtney Geduldig Pdf

A guide to ending America's jobs emergency by accelerating the true engine of job creation—start-ups Four years after the end of the Great Recession, 23 million Americans remain unemployed, underemployed, or have left the workforce discouraged. Even worse, Washington policymakers seem out of ideas. Where the Jobs Are: Entrepreneurship and the Soul of the American Economy shows how America can restore its great job-creation machine. Recent research has demonstrated that virtually all net new job creation in the United States over the past thirty years has come from businesses less than a year old—true "start-ups." Start-up businesses create an average of three million new jobs each year, while existing businesses of any size or age shed a net average of about one million jobs annually. Unfortunately, the vital signs of America's job-creating entrepreneurial economy are flashing red alert. After remaining remarkably consistent for decades, the rate of new business formation has declined significant in recent years, and the number of new jobs created by new firms is also falling. In Where the Jobs Are, the authors recount the findings of a remarkable summer they spent traveling the country to meet and conduct roundtables with entrepreneurs in a dozen cities. More than 200 entrepreneurs participated—explaining in specific and vividly personal terms the issues, frustrations, and obstacles that are undermining their efforts to launch new businesses, expand existing young firms, and create jobs. Those obstacles include a dangerously underperforming education system, self-defeating immigration policies that thwart the attraction and retention of the world's best talent, access to capital difficulties, a mounting regulatory burden, unnecessary tax complexity, and severe Washington-produced economic uncertainty. Explains how start-ups are different from existing businesses, large or small, and why they represent the engine of job creation Reveals how policymakers' failure to understand the unique nature and needs of start-ups has undermined efforts to stimulate the economy following the Great Recession Presents a detailed, innovative, and uniquely credible 30-point policy agenda based on what America's job creators said they urgently need Engaging and informative, Where the Jobs Are reveals with unprecedented precision and clarity the major obstacles undermining the fragile economic recovery, and provides a vitally important game plan to unleash the job-creating capacity of the entrepreneurial economy and put a beleaguered nation back to work.

Better Capitalism

Robert E. Litan,Carl J. Schramm
Better Capitalism Book PDF

Author : Robert E. Litan,Carl J. Schramm
Publisher : Yale University Press
Page : 275 pages
File Size : 45,7 Mb
Release : 2012-09-25
Category : Business & Economics
ISBN : 9780300146783

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Better Capitalism by Robert E. Litan,Carl J. Schramm Pdf

Shows that, with wise and informed policymaking, the American entrepreneurial engine can rally and the true potential of the economy can be unlocked.

Entrepreneurship in Emerging Domestic Markets

Glenn Yago,James R. Barth,Betsy Zeidman
Entrepreneurship in Emerging Domestic Markets Book PDF

Author : Glenn Yago,James R. Barth,Betsy Zeidman
Publisher : Springer Science & Business Media
Page : 154 pages
File Size : 44,6 Mb
Release : 2007-12-03
Category : Business & Economics
ISBN : 9780387728575

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Entrepreneurship in Emerging Domestic Markets by Glenn Yago,James R. Barth,Betsy Zeidman Pdf

This book will be the most up-to-date compilation of different perspectives on entrepreneurship. The authors are highly respected in the field, either as scholars or practitioners and have interacted before on this topic either as co-authors on papers or as conference discussants The research provides historical information as well as the latest data on entrepreneurship The book focuses on "emerging domestic markets" which encompasses minorities, women, and low-income communities

Entrepreneurship, Geography, and American Economic Growth

Zoltan J. Acs,Catherine Armington
Entrepreneurship Geography and American Economic Growth Book PDF

Author : Zoltan J. Acs,Catherine Armington
Publisher : Cambridge University Press
Page : 10 pages
File Size : 49,5 Mb
Release : 2006-06-19
Category : Business & Economics
ISBN : 9781139456630

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Entrepreneurship, Geography, and American Economic Growth by Zoltan J. Acs,Catherine Armington Pdf

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. 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.

Entrepreneurship, Growth, and Public Policy

Zoltan J. Acs,David B. Audretsch,Robert J. Strom
Entrepreneurship Growth and Public Policy Book PDF

Author : Zoltan J. Acs,David B. Audretsch,Robert J. Strom
Publisher : Cambridge University Press
Page : 353 pages
File Size : 54,9 Mb
Release : 2009-02-02
Category : Business & Economics
ISBN : 9781139477017

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Entrepreneurship, Growth, and Public Policy by Zoltan J. Acs,David B. Audretsch,Robert J. Strom Pdf

While the public policy community has turned to entrepreneurship to maintain, restore, or generate economic prosperity, the economics profession has been remarkably taciturn in providing guidance for public policy for understanding the links between entrepreneurship and economic growth as well as for framing and weighing policy issues and decisions. The purpose of this volume is to provide a lens through which public policy decisions involving entrepreneurship can be guided and analyzed. In particular, this volume provides insights from leading research concerning the links between entrepreneurship, innovation, and economic growth that shed light on implications for public policy. The book makes clear both how and why small firms and entrepreneurship have emerged as crucial to economic growth, employment, and competitiveness as well as the mandate for public policy in the entrepreneurial society.

Entrepreneurship, Knowledge, and Economic Growth

Pontus Braunerhjelm
Entrepreneurship Knowledge and Economic Growth Book PDF

Author : Pontus Braunerhjelm
Publisher : Now Publishers Inc
Page : 93 pages
File Size : 49,5 Mb
Release : 2008
Category : Economic development
ISBN : 9781601981240

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Entrepreneurship, Knowledge, and Economic Growth by Pontus Braunerhjelm Pdf

This monograph is about the forces that underpin the creation of knowledge, its diffusion and commercialization, and the role of the entrepreneur in these dynamic processes. The main objective is to identify the microeconomic foundation of growth, the extent to which contemporary models fail in that respect, and suggest improvements.

The Role of Innovation and Entrepreneurship in Economic Growth

Michael J Andrews,Aaron Chatterji,Josh Lerner,Scott Stern
The Role of Innovation and Entrepreneurship in Economic Growth Book PDF

Author : Michael J Andrews,Aaron Chatterji,Josh Lerner,Scott Stern
Publisher : University of Chicago Press
Page : 633 pages
File Size : 41,5 Mb
Release : 2022-03-17
Category : Business & Economics
ISBN : 9780226810645

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The Role of Innovation and Entrepreneurship in Economic Growth by Michael J Andrews,Aaron Chatterji,Josh Lerner,Scott Stern Pdf

This volume presents studies from experts in twelve industries, providing insights into the future role of innovation and entrepreneurship in driving economic growth across sectors. We live in an era in which innovation and entrepreneurship seem ubiquitous, particularly in regions like Silicon Valley, Boston, and the Research Triangle Park. But many metrics of economic growth, such as productivity growth and business dynamism, have been at best modest in recent years. The resolution of this apparent paradox is dramatic heterogeneity across sectors, with some industries seeing robust innovation and entrepreneurship and others seeing stagnation. By construction, the impact of innovation and entrepreneurship on overall economic performance is the cumulative impact of their effects on individual sectors. Understanding the potential for growth in the aggregate economy depends, therefore, on understanding the sector-by-sector potential for growth. This insight motivates the twelve studies of different sectors that are presented in this volume. Each study identifies specific productivity improvements enabled by innovation and entrepreneurship, for example as a result of new production technologies, increased competition, or new organizational forms. These twelve studies, along with three synthetic chapters, provide new insights on the sectoral patterns and concentration of the contributions of innovation and entrepreneurship to economic growth.

Entrepreneurship and Economic Growth

David B. Audretsch,Max C. Keilbach,Erik E. Lehmann
Entrepreneurship and Economic Growth Book PDF

Author : David B. Audretsch,Max C. Keilbach,Erik E. Lehmann
Publisher : Oxford University Press
Page : 240 pages
File Size : 41,7 Mb
Release : 2006-04-27
Category : Business & Economics
ISBN : 0198040490

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Entrepreneurship and Economic Growth by David B. Audretsch,Max C. Keilbach,Erik E. Lehmann Pdf

By serving as a conduit for knowledge spillovers, entrepreneurship is the missing link between investments in new knowledge and economic growth. The knowledge spillover theory of entrepreneurship provides not just an explanation of why entrepreneurship has become more prevalent as the factor of knowledge has emerged as a crucial source for comparative advantage, but also why entrepreneurship plays a vital role in generating economic growth. Entrepreneurship is an important mechanism permeating the knowledge filter to facilitate the spill over of knowledge and ultimately generate economic growth.

The Economics of Science and Technology

M.P. Feldman,Albert N. Link,Donald S. Siegel
The Economics of Science and Technology Book PDF

Author : M.P. Feldman,Albert N. Link,Donald S. Siegel
Publisher : Springer Science & Business Media
Page : 132 pages
File Size : 41,5 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461509813

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The Economics of Science and Technology by M.P. Feldman,Albert N. Link,Donald S. Siegel Pdf

Science and technology have long been regarded as important determinants of economic growth. Edwin Mansfield (1971, pp. 1- 2), a pioneer in the economics of technological change, noted: Technological change is an important, if not the most important, factor responsible for economic growth . . . without question, [it] is one of the most important determinants of the shape and evolution of the American economy. Science and technology are even more important in the "new economy," with its greater emphasis on the role of intellectual property and knowledge transfer. Therefore, it is unfortunate that most individuals rarely have the opportunity to explore the economic implications of science and technology. As a result, the antecedents and consequences of technological change are poorly understood by many in the general public. This lack of understanding is reflected in a recent survey conducted by the National Science Board (2000), summarized in Science & Engineering Indicators. ' As shown in Table 1. 1, the findings of the survey indicated that many Americans, despite a high level of interests in such matters, are not as well-informed about technological issues as they are about other policy issues. As shown in the table, individuals self assess, based on a scale from 1 to 100, their interest in science and technology policy issues as being relatively high, yet they self assess their knowledge or informedness about these issues relatively lower.

The Rise and Fall of American Growth

Robert J. Gordon
The Rise and Fall of American Growth Book PDF

Author : Robert J. Gordon
Publisher : Princeton University Press
Page : 785 pages
File Size : 51,7 Mb
Release : 2017-08-29
Category : Business & Economics
ISBN : 9781400888955

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The Rise and Fall of American Growth by Robert J. Gordon Pdf

How America's high standard of living came to be and why future growth is under threat In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Electric lighting, indoor plumbing, motor vehicles, air travel, and television transformed households and workplaces. But has that era of unprecedented growth come to an end? Weaving together a vivid narrative, historical anecdotes, and economic analysis, The Rise and Fall of American Growth challenges the view that economic growth will continue unabated, and demonstrates that the life-altering scale of innovations between 1870 and 1970 cannot be repeated. Gordon contends that the nation's productivity growth will be further held back by the headwinds of rising inequality, stagnating education, an aging population, and the rising debt of college students and the federal government, and that we must find new solutions. A critical voice in the most pressing debates of our time, The Rise and Fall of American Growth is at once a tribute to a century of radical change and a harbinger of tougher times to come.

Entrepreneurship, Small and Medium-Sized Enterprises and the Macroeconomy

Zoltan J. Acs,Bo Carlsson,Charlie Karlsson
Entrepreneurship Small and Medium Sized Enterprises and the Macroeconomy Book PDF

Author : Zoltan J. Acs,Bo Carlsson,Charlie Karlsson
Publisher : Cambridge University Press
Page : 426 pages
File Size : 52,5 Mb
Release : 1999
Category : Business & Economics
ISBN : 0521621054

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Entrepreneurship, Small and Medium-Sized Enterprises and the Macroeconomy by Zoltan J. Acs,Bo Carlsson,Charlie Karlsson Pdf

This book was originally published in 1999. At this time, the US economy had recently restructured itself, moving away from an industrial economy towards one based on information, while the European Union and Japan were left to worry about rising government deficits, inflexible businesses, persistent unemployment, and workers inadequately trained for the information age. Why did the US economy move beyond its chief competitors? This collection suggests that at least some of the answers to the pattern of divergent development can be found in the role of the entrepreneur. By examining the process that entrepreneurs play in the economy, the essays in this volume make a fundamental contribution to our understanding of the macroeconomy. Each chapter clarifies the role of entrepreneur in economic theory, the function of small and medium-size enterprises that they found and build and the impact of the innovations introduced on employment, productivity, and economic growth.

Empirical Analysis of Entrepreneurship and Economic Growth

André van Stel
Empirical Analysis of Entrepreneurship and Economic Growth Book PDF

Author : André van Stel
Publisher : Springer
Page : 0 pages
File Size : 43,9 Mb
Release : 2010-11-23
Category : Business & Economics
ISBN : 1441939148

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Empirical Analysis of Entrepreneurship and Economic Growth by André van Stel Pdf

The importance of entrepreneurship for achieving economic growth in contemporary economies is widely recognized, both by policy makers and economists. It is deeply embedded in the current European policy approach that the creativity and independence of entrepreneurs contribute to higher levels of economic activity. Indeed, according to the European Commission (2003, p. 9), "The challenge for the European Union is to identify the key factors for building a climate in which entrepreneurial initiative and business activities can thrive. Policy measures should seek to boost the Union's levels of entrepreneurship, adopting the most appropriate approach for producing more entrepreneurs and for getting more firms to grow. " Audretsch (2003, p. 5) states that "Entrepreneurship has become the engine of economic and social development throughout the world. " The relation between entrepreneurship and economic growth is embedded in several strands of the economic literature. A first strand of literature involves the general understanding of the role of entrepreneurship in the modern economy. Seminal contributions were made by Schumpeter (1934), Knight (1921) and Kirzner (1973). These economists stress different aspects of the role of the entrepreneur. While Schumpeter stresses the innovating aspect, Knight stresses the risk assuming aspect. Kirzner, finally, stresses the role of the entrepreneur in leading markets to equilibrium. Acs (1992) discusses the contribution of small firms in modern economies.

Entrepreneurship in the Global Economy

Henry Kressel,Thomas V. Lento
Entrepreneurship in the Global Economy Book PDF

Author : Henry Kressel,Thomas V. Lento
Publisher : Cambridge University Press
Page : 279 pages
File Size : 55,9 Mb
Release : 2012-07-19
Category : Business & Economics
ISBN : 9781107019768

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Entrepreneurship in the Global Economy by Henry Kressel,Thomas V. Lento Pdf

State-controlled economies such as China are building robust industries at stunning speed and siphoning off jobs from the West. This book addresses the crucial issue of state planning vs. free enterprise and examines specific problems surrounding entrepreneurship in the global economy through nine case histories of entrepreneurial companies.