Entrepreneurship And Economic Growth

Hardcover | April 30, 2006

byDavid B. Audretsch, Max C. Keilbach, Erik E. Lehmann

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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 factorof 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 generateeconomic growth.

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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 factorof knowledge has emerged as a crucial source ...

David B. Audretsch, Director of the Entrepreneurship, Growth and Public Policy Division at the Max Planck Institute of Economics; Ameritech Chair of Economic Development and Director of the Institute of Development Strategies at Indiana University

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Format:HardcoverDimensions:240 pages, 6.18 × 9.41 × 1.1 inPublished:April 30, 2006Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0195183517

ISBN - 13:9780195183511

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"In this exquisitely researched volume, Audretsch, Keilbach and Lehmann offer a compelling rationale for the emergence of a new form of economic development policy. They argue for entrepreneurship - the formation and growth of economically viable businesses - as an engine of economicgrowth. Entrepreneurship policy focuses on the businesses that convert investment into returns. Their compelling argument is that the new entrepreneurship policy has far more promise than previous approaches in an increasingly global, knowledge-intensive economic era. I highly recommend thisvolume for those seeking to understand the increasingly complex, interdependent dynamics that take place in a 'flat,' information-rich and interconnected world."--Rita Gunther McGrath, Associate Professor, Columbia University Graduate School of Business