Innovation and the Growth of Cities

Innovation and the Growth of Cities

Author: Zoltán J. Ács

Publisher: Edward Elgar Publishing

Published: 2003-01-01

Total Pages: 262

ISBN-13: 1843766930

DOWNLOAD EBOOK

Zoltan Acs explores the relationship between industrial innovation and economic growth at regional level and reaches conclusions as to why some regions grow and others decline. The book focuses on innovation and the growth of cities by the use of endogenous growth theory.


Book Synopsis Innovation and the Growth of Cities by : Zoltán J. Ács

Download or read book Innovation and the Growth of Cities written by Zoltán J. Ács and published by Edward Elgar Publishing. This book was released on 2003-01-01 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Zoltan Acs explores the relationship between industrial innovation and economic growth at regional level and reaches conclusions as to why some regions grow and others decline. The book focuses on innovation and the growth of cities by the use of endogenous growth theory.


The Growth of Cities

The Growth of Cities

Author: Zoltán J. Ács

Publisher: Edward Elgar Publishing

Published: 2006

Total Pages: 0

ISBN-13: 9781843766407

DOWNLOAD EBOOK

To understand why some regions grow and others stagnate, we need to understand the interactions between economic growth, economic geography and the economics of innovation. Each of these individual approaches has strengths and weaknesses, but when integrated it is possible, as evidenced by this volume, to develop an appropriate model of technology-led regional economic development. This authoritative collection presents a selection of key previously published articles which investigate these three perspectives. The volume explores the importance of human capital, entrepreneurship, clusters, and competition and public policy to the growth of cities. The editor has written a new introduction which highlights the contribution of each article, and calls for a closer collaboration between economics and regional science in order to develop a new approach to the study of the growth of cities.


Book Synopsis The Growth of Cities by : Zoltán J. Ács

Download or read book The Growth of Cities written by Zoltán J. Ács and published by Edward Elgar Publishing. This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: To understand why some regions grow and others stagnate, we need to understand the interactions between economic growth, economic geography and the economics of innovation. Each of these individual approaches has strengths and weaknesses, but when integrated it is possible, as evidenced by this volume, to develop an appropriate model of technology-led regional economic development. This authoritative collection presents a selection of key previously published articles which investigate these three perspectives. The volume explores the importance of human capital, entrepreneurship, clusters, and competition and public policy to the growth of cities. The editor has written a new introduction which highlights the contribution of each article, and calls for a closer collaboration between economics and regional science in order to develop a new approach to the study of the growth of cities.


Innovation in Real Places

Innovation in Real Places

Author: Dan Breznitz

Publisher: Oxford University Press

Published: 2021-03-09

Total Pages: 289

ISBN-13: 0197508138

DOWNLOAD EBOOK

Winner of Balsillie Prize for Public Policy Winner of Donner Prize A challenge to prevailing ideas about innovation and a guide to identifying the best growth strategy for your community. Across the world, cities and regions have wasted trillions of dollars on blindly copying the Silicon Valley model of growth creation. Since the early years of the information age, we've been told that economic growth derives from harnessing technological innovation. To do this, places must create good education systems, partner with local research universities, and attract innovative hi-tech firms. We have lived with this system for decades, and the result is clear: a small number of regions and cities at the top of the high-tech industry but many more fighting a losing battle to retain economic dynamism. But are there other models that don't rely on a flourishing high-tech industry? In Innovation in Real Places, Dan Breznitz argues that there are. The purveyors of the dominant ideas on innovation have a feeble understanding of the big picture on global production and innovation. They conflate innovation with invention and suffer from techno-fetishism. In their devotion to start-ups, they refuse to admit that the real obstacle to growth for most cities is the overwhelming power of the real hubs, which siphon up vast amounts of talent and money. Communities waste time, money, and energy pursuing this road to nowhere. Breznitz proposes that communities instead focus on where they fit in the four stages in the global production process. Some are at the highest end, and that is where the Clevelands, Sheffields, and Baltimores are being pushed toward. But that is bad advice. Success lies in understanding the changed structure of the global system of production and then using those insights to enable communities to recognize their own advantages, which in turn allows to them to foster surprising forms of specialized innovation. As he stresses, all localities have certain advantages relative to at least one stage of the global production process, and the trick is in recognizing it. Leaders might think the answer lies in high-tech or high-end manufacturing, but more often than not, they're wrong. Innovation in Real Places is an essential corrective to a mythology of innovation and growth that too many places have bought into in recent years. Best of all, it has the potential to prod local leaders into pursuing realistic and regionally appropriate models for growth and innovation.


Book Synopsis Innovation in Real Places by : Dan Breznitz

Download or read book Innovation in Real Places written by Dan Breznitz and published by Oxford University Press. This book was released on 2021-03-09 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of Balsillie Prize for Public Policy Winner of Donner Prize A challenge to prevailing ideas about innovation and a guide to identifying the best growth strategy for your community. Across the world, cities and regions have wasted trillions of dollars on blindly copying the Silicon Valley model of growth creation. Since the early years of the information age, we've been told that economic growth derives from harnessing technological innovation. To do this, places must create good education systems, partner with local research universities, and attract innovative hi-tech firms. We have lived with this system for decades, and the result is clear: a small number of regions and cities at the top of the high-tech industry but many more fighting a losing battle to retain economic dynamism. But are there other models that don't rely on a flourishing high-tech industry? In Innovation in Real Places, Dan Breznitz argues that there are. The purveyors of the dominant ideas on innovation have a feeble understanding of the big picture on global production and innovation. They conflate innovation with invention and suffer from techno-fetishism. In their devotion to start-ups, they refuse to admit that the real obstacle to growth for most cities is the overwhelming power of the real hubs, which siphon up vast amounts of talent and money. Communities waste time, money, and energy pursuing this road to nowhere. Breznitz proposes that communities instead focus on where they fit in the four stages in the global production process. Some are at the highest end, and that is where the Clevelands, Sheffields, and Baltimores are being pushed toward. But that is bad advice. Success lies in understanding the changed structure of the global system of production and then using those insights to enable communities to recognize their own advantages, which in turn allows to them to foster surprising forms of specialized innovation. As he stresses, all localities have certain advantages relative to at least one stage of the global production process, and the trick is in recognizing it. Leaders might think the answer lies in high-tech or high-end manufacturing, but more often than not, they're wrong. Innovation in Real Places is an essential corrective to a mythology of innovation and growth that too many places have bought into in recent years. Best of all, it has the potential to prod local leaders into pursuing realistic and regionally appropriate models for growth and innovation.


Innovation Capacity and the City

Innovation Capacity and the City

Author: Ilaria Tosoni

Publisher:

Published: 2020-10-08

Total Pages: 106

ISBN-13: 9781013272950

DOWNLOAD EBOOK

This open access book represents one of the key milestones of DESIGNSCAPES, an H2020 CSA (Coordination and Support Action) research project funded by the European Commission under the Call "User-driven innovation: value creation through design-enabled innovation". The book demonstrates that adopting design allows us to embed innovation within the city so as to arrive at feasible answers to complex global challenges. In this way, innovation can become disruptive, while also sparking a dynamic of gradual change in the "urbanscape" it acts within. To explore this potential, the book puts forward the concept of "design enabled innovation in urban environments" and examines the part that the city can play in promoting and facilitating the adoption of design among public and private sector innovators. This leads to a potential evaluation framework in which a given urbanscape is assessed both in terms of its capacity for generating innovation, and of the nature (more or less design-dependent or design-prone) of the innovative initiatives it hosts. This thread of reasoning holds many promising implications, including a possible "third way" between those who dream of an alternative economic model where revenues and growth are sacrificed on the altar of social and environmental respect, and the supporters of the traditional market-based view, who feel it is enough to add a touch of responsibility and concern to a system that should continue rewarding the profitability of innovations. This work was published by Saint Philip Street Press pursuant to a Creative Commons license permitting commercial use. All rights not granted by the work's license are retained by the author or authors.


Book Synopsis Innovation Capacity and the City by : Ilaria Tosoni

Download or read book Innovation Capacity and the City written by Ilaria Tosoni and published by . This book was released on 2020-10-08 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book represents one of the key milestones of DESIGNSCAPES, an H2020 CSA (Coordination and Support Action) research project funded by the European Commission under the Call "User-driven innovation: value creation through design-enabled innovation". The book demonstrates that adopting design allows us to embed innovation within the city so as to arrive at feasible answers to complex global challenges. In this way, innovation can become disruptive, while also sparking a dynamic of gradual change in the "urbanscape" it acts within. To explore this potential, the book puts forward the concept of "design enabled innovation in urban environments" and examines the part that the city can play in promoting and facilitating the adoption of design among public and private sector innovators. This leads to a potential evaluation framework in which a given urbanscape is assessed both in terms of its capacity for generating innovation, and of the nature (more or less design-dependent or design-prone) of the innovative initiatives it hosts. This thread of reasoning holds many promising implications, including a possible "third way" between those who dream of an alternative economic model where revenues and growth are sacrificed on the altar of social and environmental respect, and the supporters of the traditional market-based view, who feel it is enough to add a touch of responsibility and concern to a system that should continue rewarding the profitability of innovations. This work was published by Saint Philip Street Press pursuant to a Creative Commons license permitting commercial use. All rights not granted by the work's license are retained by the author or authors.


Urban Innovation Systems

Urban Innovation Systems

Author: Willem van Winden

Publisher: Routledge

Published: 2014-04-11

Total Pages: 224

ISBN-13: 1317917456

DOWNLOAD EBOOK

Why are some regions and cities so good at attracting talented people, creating high-level knowledge, and producing exciting new ideas and innovations? What are the ingredients of success? Can innovative cities be created and stimulated, or do they just flourish by mere chance? This book analyses the development and management of innovation systems in cities, in order to provide a better understanding of what makes such systems perform. The book opens by developing a conceptual model that combines insights from urban economics with economic geography, urban governance and place marketing. This highlights the relevance of path dependence, different types of proximity (and the role of clusters, networks and platforms), institutional conditions, place attractiveness and place identity in the evolution of local innovation systems. The authors then draw on this conceptual framework to structure empirical case studies in three cities with a relatively high innovation performance: Eindhoven (the Netherlands), Stockholm (Sweden) and Suzhou (China). Through these case studies they provide a detailed analysis of how successful innovation systems evolve and what makes them tick. Unique to this book is the linking of analysis to concrete policy and management responses. The book ends with a discussion on six themes in the development of successful urban innovation systems: firm-capabilities and leader firms, higher education and research, attractive environment, place branding, institutional environment and entrepreneurship. Each theme is examined fully, drawing lessons from the case studies, and from recent insights and other cases discussed in the literature. This title will be of interest to students, researchers and policymakers involved in regional innovation systems, knowledge locations and cluster development.


Book Synopsis Urban Innovation Systems by : Willem van Winden

Download or read book Urban Innovation Systems written by Willem van Winden and published by Routledge. This book was released on 2014-04-11 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why are some regions and cities so good at attracting talented people, creating high-level knowledge, and producing exciting new ideas and innovations? What are the ingredients of success? Can innovative cities be created and stimulated, or do they just flourish by mere chance? This book analyses the development and management of innovation systems in cities, in order to provide a better understanding of what makes such systems perform. The book opens by developing a conceptual model that combines insights from urban economics with economic geography, urban governance and place marketing. This highlights the relevance of path dependence, different types of proximity (and the role of clusters, networks and platforms), institutional conditions, place attractiveness and place identity in the evolution of local innovation systems. The authors then draw on this conceptual framework to structure empirical case studies in three cities with a relatively high innovation performance: Eindhoven (the Netherlands), Stockholm (Sweden) and Suzhou (China). Through these case studies they provide a detailed analysis of how successful innovation systems evolve and what makes them tick. Unique to this book is the linking of analysis to concrete policy and management responses. The book ends with a discussion on six themes in the development of successful urban innovation systems: firm-capabilities and leader firms, higher education and research, attractive environment, place branding, institutional environment and entrepreneurship. Each theme is examined fully, drawing lessons from the case studies, and from recent insights and other cases discussed in the literature. This title will be of interest to students, researchers and policymakers involved in regional innovation systems, knowledge locations and cluster development.


Cities and the Economy

Cities and the Economy

Author: PASCUAL. BERRONE

Publisher: Createspace Independent Publishing Platform

Published: 2017-01-27

Total Pages: 118

ISBN-13: 9781535320818

DOWNLOAD EBOOK

Cities are the engines of growth for most national economies. As centers of production, innovation, creativity, trade and connectivity, urban areas are taking a leading role in stimulating global economic growth and competitiveness, resulting in higher incomes per capita and higher productivity. However, cities can also be places where some of the most important challenges of the 21st century, such as inequality, unemployment, segregation and poverty, are concentrated and exacerbated. How can cities balance the economic advantages they have and the associated challenges brought by rapid urbanization and economic growth? What is the role of local governments in achieving and ensuring sustainable economic growth and facilitating job creation? Can cities foster economic development? This volume is part of a book series called "IESE Cities in Motion: International Urban Best Practices." Cities and the Economy focuses on how cities can address these challenges in order to achieve sustainable economic growth, and assess the role of city governments and firms in promoting and ensuring local economic development. The book aims to be: - an insightful analysis of the main urban economic trends and challenges - a collection of international best practices on sustainable urban economies and local economic development - a tool to help city managers and policymakers in their endeavors to develop and deploy policies and initiatives to achieve urban areas that are economically, socially and environmentally sustainable.


Book Synopsis Cities and the Economy by : PASCUAL. BERRONE

Download or read book Cities and the Economy written by PASCUAL. BERRONE and published by Createspace Independent Publishing Platform. This book was released on 2017-01-27 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cities are the engines of growth for most national economies. As centers of production, innovation, creativity, trade and connectivity, urban areas are taking a leading role in stimulating global economic growth and competitiveness, resulting in higher incomes per capita and higher productivity. However, cities can also be places where some of the most important challenges of the 21st century, such as inequality, unemployment, segregation and poverty, are concentrated and exacerbated. How can cities balance the economic advantages they have and the associated challenges brought by rapid urbanization and economic growth? What is the role of local governments in achieving and ensuring sustainable economic growth and facilitating job creation? Can cities foster economic development? This volume is part of a book series called "IESE Cities in Motion: International Urban Best Practices." Cities and the Economy focuses on how cities can address these challenges in order to achieve sustainable economic growth, and assess the role of city governments and firms in promoting and ensuring local economic development. The book aims to be: - an insightful analysis of the main urban economic trends and challenges - a collection of international best practices on sustainable urban economies and local economic development - a tool to help city managers and policymakers in their endeavors to develop and deploy policies and initiatives to achieve urban areas that are economically, socially and environmentally sustainable.


Cities and Economic Development

Cities and Economic Development

Author: Paul Bairoch

Publisher: University of Chicago Press

Published: 1988

Total Pages: 600

ISBN-13: 9780226034669

DOWNLOAD EBOOK

When and how were cities born? Does urbanization foster innovation and economic development? What was the level of urbanization in traditional societies? Did the Industrial Revolution facilitate urbanization? Has the growth of cities in the Third World been a handicap or an asset to economic development? In this revised translation of De Jéricho à Mexico, Paul Bairoch seeks the answers to these questions and provides a comprehensive study of the evolution of the city and its relation to economic life. Bairoch examines the development of cities from the dawn of urbanization (Jericho) to the explosive growth of the contemporary Third World city. In particular, he defines the roles of agriculture and industrialization in the rise of cities. "A hefty history, from the Neolithic onward. It's ambitious in scope and rich in subject, detailing urbanization and, of course, the links between cities and economies. Scholarly, accessible, and significant."—Newsday "This book offers a path-breaking synthesis of the vast literature on the history of urbanization."—John C. Brown, Journal of Economic Literature "One leaves this volume with the feeling of positions intelligently argued and related to the existing state of theory and knowledge. One also has the pleasure of reading a book unusually well-written. It will long both be a standard and stimulate new thought on the central issue of urban and economic growth."—Thomas A. Reiner, Annals of the American Academy of Political and Social Science


Book Synopsis Cities and Economic Development by : Paul Bairoch

Download or read book Cities and Economic Development written by Paul Bairoch and published by University of Chicago Press. This book was released on 1988 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: When and how were cities born? Does urbanization foster innovation and economic development? What was the level of urbanization in traditional societies? Did the Industrial Revolution facilitate urbanization? Has the growth of cities in the Third World been a handicap or an asset to economic development? In this revised translation of De Jéricho à Mexico, Paul Bairoch seeks the answers to these questions and provides a comprehensive study of the evolution of the city and its relation to economic life. Bairoch examines the development of cities from the dawn of urbanization (Jericho) to the explosive growth of the contemporary Third World city. In particular, he defines the roles of agriculture and industrialization in the rise of cities. "A hefty history, from the Neolithic onward. It's ambitious in scope and rich in subject, detailing urbanization and, of course, the links between cities and economies. Scholarly, accessible, and significant."—Newsday "This book offers a path-breaking synthesis of the vast literature on the history of urbanization."—John C. Brown, Journal of Economic Literature "One leaves this volume with the feeling of positions intelligently argued and related to the existing state of theory and knowledge. One also has the pleasure of reading a book unusually well-written. It will long both be a standard and stimulate new thought on the central issue of urban and economic growth."—Thomas A. Reiner, Annals of the American Academy of Political and Social Science


Scale

Scale

Author: Geoffrey West

Publisher: Penguin

Published: 2018-05-15

Total Pages: 498

ISBN-13: 014311090X

DOWNLOAD EBOOK

"This is science writing as wonder and as inspiration." —The Wall Street Journal Wall Street Journal From one of the most influential scientists of our time, a dazzling exploration of the hidden laws that govern the life cycle of everything from plants and animals to the cities we live in. Visionary physicist Geoffrey West is a pioneer in the field of complexity science, the science of emergent systems and networks. The term “complexity” can be misleading, however, because what makes West’s discoveries so beautiful is that he has found an underlying simplicity that unites the seemingly complex and diverse phenomena of living systems, including our bodies, our cities and our businesses. Fascinated by aging and mortality, West applied the rigor of a physicist to the biological question of why we live as long as we do and no longer. The result was astonishing, and changed science: West found that despite the riotous diversity in mammals, they are all, to a large degree, scaled versions of each other. If you know the size of a mammal, you can use scaling laws to learn everything from how much food it eats per day, what its heart-rate is, how long it will take to mature, its lifespan, and so on. Furthermore, the efficiency of the mammal’s circulatory systems scales up precisely based on weight: if you compare a mouse, a human and an elephant on a logarithmic graph, you find with every doubling of average weight, a species gets 25% more efficient—and lives 25% longer. Fundamentally, he has proven, the issue has to do with the fractal geometry of the networks that supply energy and remove waste from the organism’s body. West’s work has been game-changing for biologists, but then he made the even bolder move of exploring his work’s applicability. Cities, too, are constellations of networks and laws of scalability relate with eerie precision to them. Recently, West has applied his revolutionary work to the business world. This investigation has led to powerful insights into why some companies thrive while others fail. The implications of these discoveries are far-reaching, and are just beginning to be explored. Scale is a thrilling scientific adventure story about the elemental natural laws that bind us together in simple but profound ways. Through the brilliant mind of Geoffrey West, we can envision how cities, companies and biological life alike are dancing to the same simple, powerful tune.


Book Synopsis Scale by : Geoffrey West

Download or read book Scale written by Geoffrey West and published by Penguin. This book was released on 2018-05-15 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This is science writing as wonder and as inspiration." —The Wall Street Journal Wall Street Journal From one of the most influential scientists of our time, a dazzling exploration of the hidden laws that govern the life cycle of everything from plants and animals to the cities we live in. Visionary physicist Geoffrey West is a pioneer in the field of complexity science, the science of emergent systems and networks. The term “complexity” can be misleading, however, because what makes West’s discoveries so beautiful is that he has found an underlying simplicity that unites the seemingly complex and diverse phenomena of living systems, including our bodies, our cities and our businesses. Fascinated by aging and mortality, West applied the rigor of a physicist to the biological question of why we live as long as we do and no longer. The result was astonishing, and changed science: West found that despite the riotous diversity in mammals, they are all, to a large degree, scaled versions of each other. If you know the size of a mammal, you can use scaling laws to learn everything from how much food it eats per day, what its heart-rate is, how long it will take to mature, its lifespan, and so on. Furthermore, the efficiency of the mammal’s circulatory systems scales up precisely based on weight: if you compare a mouse, a human and an elephant on a logarithmic graph, you find with every doubling of average weight, a species gets 25% more efficient—and lives 25% longer. Fundamentally, he has proven, the issue has to do with the fractal geometry of the networks that supply energy and remove waste from the organism’s body. West’s work has been game-changing for biologists, but then he made the even bolder move of exploring his work’s applicability. Cities, too, are constellations of networks and laws of scalability relate with eerie precision to them. Recently, West has applied his revolutionary work to the business world. This investigation has led to powerful insights into why some companies thrive while others fail. The implications of these discoveries are far-reaching, and are just beginning to be explored. Scale is a thrilling scientific adventure story about the elemental natural laws that bind us together in simple but profound ways. Through the brilliant mind of Geoffrey West, we can envision how cities, companies and biological life alike are dancing to the same simple, powerful tune.


Grand Challenges in Environmental Sciences

Grand Challenges in Environmental Sciences

Author: National Research Council

Publisher: National Academies Press

Published: 2001-05-24

Total Pages: 107

ISBN-13: 0309072549

DOWNLOAD EBOOK

Scientists have long sought to unravel the fundamental mysteries of the land, life, water, and air that surround us. But as the consequences of humanity's impact on the planet become increasingly evident, governments are realizing the critical importance of understanding these environmental systemsâ€"and investing billions of dollars in research to do so. To identify high-priority environmental science projects, Grand Challenges in Environmental Sciences explores the most important areas of research for the next generation. The book's goal is not to list the world's biggest environmental problems. Rather it is to determine areas of opportunity thatâ€"with a concerted investmentâ€"could yield significant new findings. Nominations for environmental science's "grand" challenges were solicited from thousands of scientists worldwide. Based on their responses, eight major areas of focus were identifiedâ€"areas that offer the potential for a major scientific breakthrough of practical importance to humankind, and that are feasible if given major new funding. The book further pinpoints four areas for immediate action and investment.


Book Synopsis Grand Challenges in Environmental Sciences by : National Research Council

Download or read book Grand Challenges in Environmental Sciences written by National Research Council and published by National Academies Press. This book was released on 2001-05-24 with total page 107 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scientists have long sought to unravel the fundamental mysteries of the land, life, water, and air that surround us. But as the consequences of humanity's impact on the planet become increasingly evident, governments are realizing the critical importance of understanding these environmental systemsâ€"and investing billions of dollars in research to do so. To identify high-priority environmental science projects, Grand Challenges in Environmental Sciences explores the most important areas of research for the next generation. The book's goal is not to list the world's biggest environmental problems. Rather it is to determine areas of opportunity thatâ€"with a concerted investmentâ€"could yield significant new findings. Nominations for environmental science's "grand" challenges were solicited from thousands of scientists worldwide. Based on their responses, eight major areas of focus were identifiedâ€"areas that offer the potential for a major scientific breakthrough of practical importance to humankind, and that are feasible if given major new funding. The book further pinpoints four areas for immediate action and investment.


The Role of Innovation and Entrepreneurship in Economic Growth

The Role of Innovation and Entrepreneurship in Economic Growth

Author: Michael J Andrews

Publisher: University of Chicago Press

Published: 2022-03-17

Total Pages: 633

ISBN-13: 022681078X

DOWNLOAD EBOOK

"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"--


Book Synopsis The Role of Innovation and Entrepreneurship in Economic Growth by : Michael J Andrews

Download or read book The Role of Innovation and Entrepreneurship in Economic Growth written by Michael J Andrews and published by University of Chicago Press. This book was released on 2022-03-17 with total page 633 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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"--