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The Impact of Geographic Differences in Human Capital on Service Firm Formation Rates

Acs, Zoltan J.; Armington, Catherine - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004

Although human capital externalities are a key variable in theories of economic growth, there has been little investigation of the mechanism by which these externalities are realized. We examine the relationship between the local levels of human capital and firm formation rates and find that...

Persistent link: https://www.econbiz.de/10005824127

The Continued Search for the Solow Residual: The Role of National Entrepreneurial Ecosystem

Acs, Zoltan J.; Estrin, Saul; Mickiewicz, Tomasz; … - Institute for the Study of Labor (IZA) - 2014

This paper introduces a new concept in addition to the traditional measures of stocks of capital, labor, human capital and knowledge, to understand the Solow Residual: National Entrepreneurial Ecosystem (NEE). The NEE construct is based on a methodology that combines institutions and human...

Persistent link: https://www.econbiz.de/10011094078

The Entrepreneurship-Philanthropy Nexus: Nonmarket Source of American Entrepreneurial Capitalism

Acs, Zoltan J.; Audretsch, David; Phillips, Ronnie J.; … - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2007

creation of wealth (entrepreneurship) and the reconstitution of wealth (philanthropy). Philanthropy has been part of the … way for future economic growth. This entrepreneurship-philanthropy nexus has not been fully explored by either economists …

Persistent link: https://www.econbiz.de/10005765248

Employment Growth and Entrepreneurial Activity in Cities

Acs, Zoltan J.; Armington, Catherine - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004

Recent theories of economic growth have stressed the role of externalities in generating growth. Using data from the Census Bureau that tracks all employers in the whole U.S. private sector economy, we examine the impact of these externalities, as measured by entrepreneurial activity, on...

Persistent link: https://www.econbiz.de/10005765277

Job Creation and Persistence in Services and Manufacturing

Acs, Zoltan J.; Armington, Catherine - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004

An important new literature on gross employment flows has produced a great outpouring of stylized facts. In this paper we examine one aspect of this literature through the lens of dynamic models and theories of industrial evolution. We extend the Davis and Haltiwanger methodology for analysis of...

Persistent link: https://www.econbiz.de/10005765281

The Knowledge Spillover Theory of Entrepreneurship

Acs, Zoltan J.; Audretsch, David B.; Braunerhjelm, Pontus; … - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2005

Contemporary theories of entrepreneurship generally focus on the decision-making context of the individual. The … entrepreneurship literature is that opportunities are exogenous, the most prevalent theory of innovation in the economics literature … suggests that opportunities are endogenous. This paper bridges the gap between the entrepreneurship and economic literature on …

Persistent link: https://www.econbiz.de/10005588033

Growth and Entrepreneurship: An Empirial Assessment

Acs, Zoltan J.; Audretsch, David B.; Braunerhjelm, Pontus; … - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2005

knowledge from the source creating it to the firm actually commercializing the new ideas. In this paper, entrepreneurship is … identified as one such mechanism facilitating the spillover of knowledge. Using a panel of entrepreneurship data for 18 countries …

Persistent link: https://www.econbiz.de/10005247890

Penetrating the "Knowledge Filter" in Regional Economies

Plummer, Lawrence A.; Acs, Zoltan J. - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004

New knowledge in the form of products, processes and organizations leads to opportunities that can be exploited commercially. However, converting new ideas into economic growth requires turning new knowledge into economic knowledge that constitutes a commercial opportunity. Acs, Audretsch,...

Persistent link: https://www.econbiz.de/10005247891

Creativity and Industrial Cities: A Case Study of Baltimore

Acs, Zoltan J.; Megyesi, Monika I. - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2007

Creativity is changing the way cities approach economic development and formulate policy. Creative metropolises base their economic development strategies, at least partly, on building communities attractive to the creative class worker. While there are countless examples of high-tech regions...

Persistent link: https://www.econbiz.de/10005247894

New Firm Survival and Human Capital

Acs, Zoltan J.; Armington, Catherine - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004

Persistent link: https://www.econbiz.de/10005252210