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
List of tables | 4 |
Knowledge innovation and firm size | 24 |
Local geographic spillovers | 44 |
Copyright | |
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Common terms and phrases
Absolute Relative Absolute Acs and Audretsch Anselin asset specificity biotechnology capital structure ceteris paribus chapter cities clusters coefficient corporate cost counties current projects degree of obsolescence econometric economic growth effect empirical endogenous endogenous growth theory entrepreneurial equation estimated externalities finance geographic spillovers global Griliches heteroskedasticity high-tech high-technology employment IDIS2 important increase industrial R&D industry mix inno innovative activity innovative output inputs interaction investment Jaffe Jaffe's knowledge production function knowledge spillovers labor force large firms literature LTD/CE measure of innovative metropolitan areas metropolitan statistical areas monopoly profits MSA level networks number of innovations opportunity cost patent percent private R&D probit process innovation product improvement product innovation proxy R&D expenditures R&D spillovers regional Relative Absolute Relative role sector selection bias shift-share analysis Small Business Administration small firms SMSA spatial lag suggests systems of innovation Table technological opportunity tion university R&D university research expenditures