The purpose of this paper is to introduce a series of articles on the linksbetween innovation, the evolution of industry and employment. These relationsprovide the building blocks of a new industrial policy. The articles areincluded in Innovation, Industry Evolution and Employment published by...

Recent studies show that the likelihood of survival differs significantly across firms. Both firm and industry characteristics are hypothesized to account for this heterogenity. Using a longitudinal database of manufacturing firms we investigate whether firm or industry characteristics dominate....

Public support for innovation, chiefly through government programs such as the Small Business Innovation Research (SBIR) program, has had a significant impact on fostering economic growth in the US. This collection synthesizes a decade of scholarship from Albert N. Link on the subject,...

Why should individuals that have exited their firm consider re-entering into entrepreneurship, i.e. become renascent entrepreneurs? According to the logic of economic models of firm dynamics there is no reason to re-enter into entrepreneurship following termination of a previous firm. In...

Several noted surveys on intra-industry dynamics have recently reached the conclusion from a large body of evidence that Gibrat's Law does not hold. However, almost all of these studies have been based on manufacturing. There are compelling reasons to doubt whether these findings hold for the...

The U.S. Congress created the Small Business Innovation Research program in 1982 in response to the loss of American competitiveness in global markets. Congress mandated that each federal agency allocate approximately 4% of its annual budget to fund innovative small firms to help restore...

The purpose of this article is to explain the role that spatial externalities play in the current thinking about innovative activity. Geographic space has evolved from being largely neglected in the study of innovative activity to being an integrating unit of observation for analysis. Geographic...

Does regional unemployment increase or rather decrease entrepreneurial activity? Although this question has been hotly debated among researchers for decades the answers yielded so far are ambiguous and inconclusive. The paper proposes an innovative approach that takes not only interregional...

This paper combines the empirical finding of a functional specialization of cities with regional dynamics.We distinguish between cities dominated by headquarters and service firms (urban agglomerations), those with large stand-alone production plants in one sector (industrial agglomerations),...