The Elgar Companion to Neo-Schumpeterian Economics is a cutting-edge collection of specially commissioned contributions highlighting not only the broad scope but also the common ground between all branches of this prolific and fast developing field of economics.

This paper argues that recent trends in the global economy have led to a shift in developed countries’ comparative advantage from mature industrial to early stage entrepreneurial production. We develop a three stage product life cycle model in which we distinguish between life cycle...

Audretsch D. B. and Keilbach M. (2004) Entrepreneurship capital and economic performance, Regional Studies38, 949-959. The neoclassical model of the production function, as applied by Solow when building the neoclassical model of growth, linked labour and capital to output. More recently, Romer...

While a large literature has emerged focusing on nascent entrepreneurship, the propensity for exentrepreneurs to consider re-entering into entrepreneurship, or what we term here as renascent entrepreneurship, has been generally overlooked. This paper suggests a different view of learning, where...

Utilizing a unique data set, Zoltan Acs and David Audretsch provide a rich empirical analysis of the increased importance of small firms in generating technological innovations and their growing contribution to the U.S. economy. They identify the contributions made by both small and large firms...

Knowledge generated in universities can serve as an important base for the commercialization of innovation. One mechanism for commercialization is the creation of a new company by a scientist. We shed light on this process by examining the role of scientist characteristics, access to resources...

This paper is one of the first studies to examine the link between infrastructure and entrepreneurship. Because infrastructure can enhance connectivity and linkages that facilitate the recognition of entrepreneurial opportunities and the ability of entrepreneurs to actualize those opportunities,...

This article aims to analyze the different impacts that some factors may exert on the probability that a small young firm invests intensively in R&D. Recently, an increasing amount of the literature makes reference to the vital role played by a small number of young firms in generating jobs and...

In recent years, there has been an increase in empirical and theoretical work that addresses the role of innovation as one of the main sources of firm growth. The purpose of this special issue is to strengthen the role played by innovation as a determinant of firm growth. Despite the emergence...