This book presents some of Zoltán J. Ács’ most important contributions since the turn of the the new millennium, with a particular intellectual focus on the knowledge spillover theory of entrepreneurship. This approach was shaped by three major events: the rapid globalization that occurred in the first decade of the 21st century; research on the role institutions have played in economic development during the past few decades; and the spread of entrepreneurial activity around the world following the collapse of communism at the end of the 20th century. This entrepreneurial activity has given rise to many questions of theory, measurement and policy.
This 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.