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Penetrating the Knowledge Filter in the Rust Belt

Acs, Zoltán J.; Plummer, Lawrence A.; Sutter, Ryan - Max-Planck-Institut für Ökonomik <Jena> - 2007

A new model of economic growth introduces the knowledge filter between new knowledge and economically useful knowledge. It identifies both new ventures and incumbent firms as the mechanisms that penetrate the knowledge filter. Recent empirical work has shown that new firms are more proficient at...

Persistent link: https://www.econbiz.de/10005864529

Employment effects of business dynamics:Mice, Gazelles and Elephants

Acs, Zoltán J.; Mueller, Pamela - Max-Planck-Institut für Ökonomik <Jena> - 2006

This paper examines the relationship between business dynamics and employmenteffects in 320 U.S. Metropolitan Statistical Areas (MSA). Much of the theoretical workon industry dynamics focuses on the role of noisy selection and incomplete informationon entry and survival. We extend this research...

Persistent link: https://www.econbiz.de/10005864873

Job Creation and Persistence in Services and Manufacturing

Armington, Catherine; Acs, Zoltán J. - Max-Planck-Institut für Ökonomik <Jena> - 2003

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/10005865251

Democratic Capitalism and Philanthropy in a Global Economy

Acs, Zoltán J.; Desai, Sameeksha - Max-Planck-Institut für Ökonomik <Jena> - 2007

globalization. It is a model based on growth, expansion and constant innovation. However, it is accompanied by social problems which …

Persistent link: https://www.econbiz.de/10005864533

The Missing Link

Acs, Zoltán J.; Audretsch, David B.; Braunerhjelm, Pontus - Max-Planck-Institut für Ökonomik <Jena> - 2004

The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge and human capital endogenously generate economic growth through the spillover of knowledge. Endogenous growth theory does not explain how or why spillovers occur. The missing link...

Persistent link: https://www.econbiz.de/10005865018

Regional Innovation in the US over Space and Time

Acs, Zoltán J.; Varga, Attila; Anselin, Luc - Max-Planck-Institut für Ökonomik <Jena> - 2003

consistent approach to integrate innovation, space and economic growth into a coherent theoretical framework A potential reason …. To shed some additional light on the spatial dimension of innovation we present results of a first-cut analysis building … on a recently developed cross sectional-time series data set of US innovation, private and university research and high …

Persistent link: https://www.econbiz.de/10005865243

The Knowledge Spillover Theory of Entrepreneurship and Foreign Direct Investment

Acs, Zoltán J.; Brooksbank, David J.; OGorman, Colm; … - Max-Planck-Institut für Ökonomik <Jena> - 2007

We explore if the Knowledge Spillover Theory of Entrepreneurship, applied to FDI, provides at least a partial explanation for the greater emergence of recent knowledge-based entrepreneurship in Ireland compared with Wales. In order to examine how FDI and entrepreneurship policy in these two...

Persistent link: https://www.econbiz.de/10005864527

The Determinants of New-firm Survival across Regional Economies

Acs, Zoltán J.; Armington, Catherine; Zhang, Ting - Max-Planck-Institut für Ökonomik <Jena> - 2006

Motivated by differences in New-firm survival across regions, this paper explores the impact of regional human capital on New-firm survival rates. New-firm survival is interpreted through formation rates of surviving versus closed firms in the sevice sector...

Persistent link: https://www.econbiz.de/10005864727

The Knowledge Spillover Theory of Entrepreneurship

Acs, Zoltán J.; Audretsch, David B.; Braunerhjelm, Pontus - Max-Planck-Institut für Ökonomik <Jena> - 2005

entrepreneurship literature is that opportunities are exogenous, the most prevalent theory of innovation in the economics literature …

Persistent link: https://www.econbiz.de/10005864991

The Impact of Geographic Differences inHuman Capital on Service Firm Formation Rates

Acs, Zoltán J.; Armington, Catherine - Max-Planck-Institut für Ökonomik <Jena> - 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/10005865252