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