Previous generations enjoyed the security of lifelong employment with a sole employer. Public policy and social institutions reinforced that security by producing a labor force content with mechanized repetition in manufacturing plants, and creating loyalty to one employer for life. This is no longer the case. Globalization and new technologies have triggered a shift away from capital and towards knowledge. In today's global economy, where jobs and factories can be moved quickly to low-cost locations, the competitive advantage has shifted to ideas, insights, and innovation. But it is not...
Previous generations enjoyed the security of lifelong employment with a sole employer. Public policy and social institutions reinforced that security ...
David B. Audretsch Max C. Keilbach Erik E. Lehmann
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...
By serving as a conduit for knowledge spillovers, entrepreneurship is the missing link between investments in new knowledge and economic growth. The k...
The purpose of this volume is to analyze the microfoundations of knowledge spillovers. The microeconomic analysis of spillovers leads to the insight that the spillover and flow of knowledge is not at all automatic. Instead, this volume suggests that a filter exists between knowledge and its economic application. The focus of this volume is on several key mechanisms that serve to reduce this filter and facilitate the flow of knowledge. In particular, the volume draws on an emerging literature identifying the role of knowledge spillovers to investigate significance of labor mobility and...
The purpose of this volume is to analyze the microfoundations of knowledge spillovers. The microeconomic analysis of spillovers leads to the insigh...
Entrepreneurship and growth are central concerns of policy makers around the world. Local Heroes in the Global Village introduces public policies for the promotion of entrepreneurship on a comparative, primarily German-American level. The book contributes to the debate what role public policies play in stimulating national and regional economic growth. With a better understanding of the complexity and variety of existent entrepreneurship policies in the U.S. and Germany the reader of this volume will be able to formulate best practice, hands-on strategies which aim to promote...
Entrepreneurship and growth are central concerns of policy makers around the world. Local Heroes in the Global Village introduces pub...
This book analyzes the relative importance of small firms in developed Western nations and Eastern Europe, identifying their exact role and how this role has evolved over the past fifteen years. It reveals that there has been a consistent shift away from large firms and toward small enterprises within the manufacturing sectors of all Western countries, while the role of small firms in Eastern European nations has been remarkably restricted, suggesting that a major challenge for reform in Central and Eastern Europe is to create the strong entrepreneurial sector that exists in the West.
This book analyzes the relative importance of small firms in developed Western nations and Eastern Europe, identifying their exact role and how this r...
In this volume, David B. Audretsch and Charles F. Bonser present a view of Globalization and Regionalization that holds that the interaction between a more open trading system and the new telecommunications and computer technology has substantially increased productivity and facilitated the fragmentation of the production process. The fragmentation of the production process has resulted in a new international organization of production. It has accelerated the globalization of national economies and has allowed firms to take advantage of low wages, wherever they are to be found, and, where...
In this volume, David B. Audretsch and Charles F. Bonser present a view of Globalization and Regionalization that holds that the interaction between a...
Without a clear and organized view of where and how entrepreneurship manifests itself, policy makers have been left in uncharted waters without an analytical compass.
The purpose of this book is to provide such an analytical compass for directing how public policy can shape and promote entrepreneurship. We do this in two ways. The first is to provide a framework for policymakers and scholars to understand what determines entrepreneurship. The second is to apply this framework to a series of cases, or country studies. In particular, this book seeks to answer three questions about...
Without a clear and organized view of where and how entrepreneurship manifests itself, policy makers have been left in uncharted waters without an ...
The strong productivity growth of the US and Scandinavian countries in Europe in the 1990s has raised the question whether the ICT sector - information and com munication technology (that is computers plus telecommunications plus digital services)-is the new driving engine of high growth in leading OECD countries. Judging by the empirical evidence for the US, including a new study by McKinsey which gives mixed evidence, it is still too early to clearly dismiss Robert G. Gordon's hypothesis that the acceleration of US output growth is (dis regarding quality problems of price measurement)...
The strong productivity growth of the US and Scandinavian countries in Europe in the 1990s has raised the question whether the ICT sector - informatio...
This book analyzes the relative importance of small firms in developed Western nations and Eastern Europe, identifying their exact role and how this role has evolved over the past fifteen years. It reveals that there has been a consistent shift away from large firms and toward small enterprises within the manufacturing sectors of all Western countries, while the role of small firms in Eastern European nations has been remarkably restricted, suggesting that a major challenge for reform in Central and Eastern Europe is to create the strong entrepreneurial sector that exists in the West.
This book analyzes the relative importance of small firms in developed Western nations and Eastern Europe, identifying their exact role and how this r...
