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
"Audretsch, Keilbach, and Lehmann artfully integrate a wide array
of findings on firm and industry dynamics, R&D and growth,
geography, and startups into a new theory of regional
entrepreneurship. Researchers interested in the determinants of
entrepreneurship and policy makers looking to promote
entrepreneurial activity will find a revealing set of new empirical
findings about regional entrepreneurship and economic
growth."--Steven Klepper, Arthur
Arton Hamerschlag Professor of Economics and Social Science
Carnegie Mellon University
"There has been an explosion of entrepreneurship research in
economics in the past half-decade. This reflects both the
importance of entrepreneurs as a spur to economic growth and the
extent of interesting economic questions posed by the new firm
phenomenon. This book, which is squarely positioned in this
exciting and dynamic literature, helps build our understanding of
this important phenomenon through an in depth study of the German
experience."--Josh Lerner,
Jacob H. Schiff Professor of Investment Banking, Harvard Business
School
"Entrepreneurship makes an important contribution to economic
growth, and creating an entrepreneurial economy has become a
primary goal of public policy. This important book provides answers
to two simple but profound questions: *why* does entrepreneurship
matter, and *how* does entrepreneurship matter? The authors provide
convincing evidence that incumbent firms and other organizations
are often unable to realize fully the returns to their own
knowledge
investments, and that entrepreneurship provides a conduit for the
spillover of knowledge that might otherwise have remained
uncommercialized. I highly recommend this book to anyone interested
in economic
growth and development and industrial policy."--Frank R.
Lichtenberg, Columbia University
"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 economic growth. 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 this volume
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
"Audretsch, Keilbach, and Lehmann artfully integrate a wide array
of findings on firm and industry dynamics, R&D and growth,
geography, and startups into a new theory of regional
entrepreneurship. Researchers interested in the determinants of
entrepreneurship and policy makers looking to promote
entrepreneurial activity will find a revealing set of new empirical
findings about regional entrepreneurship and economic
growth."--Steven Klepper, Arthur
Arton Hamerschlag Professor of Economics and Social Science
Carnegie Mellon University
"There has been an explosion of entrepreneurship research in
economics in the past half-decade. This reflects both the
importance of entrepreneurs as a spur to economic growth and the
extent of interesting economic questions posed by the new firm
phenomenon. This book, which is squarely positioned in this
exciting and dynamic literature, helps build our understanding of
this important phenomenon through an in depth study of the German
experience."--Josh Lerner,
Jacob H. Schiff Professor of Investment Banking, Harvard Business
School
"Entrepreneurship makes an important contribution to economic
growth, and creating an entrepreneurial economy has become a
primary goal of public policy. This important book provides answers
to two simple but profound questions: *why* does entrepreneurship
matter, and *how* does entrepreneurship matter? The authors provide
convincing evidence that incumbent firms and other organizations
are often unable to realize fully the returns to their own
knowledge
investments, and that entrepreneurship provides a conduit for the
spillover of knowledge that might otherwise have remained
uncommercialized. I highly recommend this book to anyone interested
in economic
growth and development and industrial policy."--Frank R.
Lichtenberg, Columbia University
"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 economic growth. 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 this volume
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
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