Innovation and the Growth of CitiesThis 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. |
Contents
Knowledge innovation and firm size | 24 |
Local geographic spillovers | 44 |
Sectoral characteristics | 63 |
Copyright | |
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Absolute Relative Absolute Acs and Audretsch Anselin asset specificity Audretsch biotechnology capital structure ceteris paribus chapter City clusters coefficient corporate counties current product debt to common degree of obsolescence econometric economic growth effect empirical endogenous growth theory entrepreneurial equation estimated finance geographic coincidence geographic spillovers global Griliches high-tech high-technology employment important industrial R&D inno innovative activity innovative output inputs interaction investment Jaffe Jaffe's Journal knowledge production function knowledge spillovers labor force large firms LTD/CE metropolitan areas metropolitan statistical areas monopoly profits MSA level networks number of innovations opportunity cost patent percent private R&D process innovation product improvement product innovation production function projects proxy R&D expenditures R&D spillovers regional regression results Relative Absolute Relative role sector selection bias shift-share analysis Silicon Valley Small Business Economics small firms SMSA spatial lag systems of innovation Table technological opportunity tion university R&D university research expenditures