Entrepreneurship, Growth, and Innovation: The Dynamics of Firms and Industries (International Studies in Entrepreneurship Book 12)

Entrepreneurship, Growth and Innovation provides comprehensive insight into the economics of entrepreneurship, claiming that this recently established discipline should establish a framework of analysis that integrates the understanding of the determinants and the effects of both entrepreneurship and innovation without neglecting the functioning of the inducement mechanisms. For this purpose, the book combines theoretical prescriptions and international empirical evidence. Contributions by some of the best known scholars in the field of the economics of entrepreneurship and innovation investigate whether the interrelationships between the forces that affect firm and industry dynamics and ultimately determine economic growth are subject to change across countries and over time. The analysis of different national cases puts forward that the relationship between entrepreneurship and growth via innovation is shaped by the context of country-specific institutions and industries, thereby providing hints for industrial and innovation policy. The Analysis Of Different National Cases (including, Germany, Greece, Italy, Portugal, Turkey, The Netherlands, And The United States) Puts Forward That The Relationship Between Entrepreneurship And Growth (via Innovation) Is Shaped By The Context Of Country-specific Institutions And Industries, Thereby Providing Hints For Industrial And Innovation Policy. Introduction -- / Enrico Santarelli -- A Market Model Of Perfect Competition Under Uncertainty: Heterogeneous Firms And Technologies -- / Yuri M. Kaniovski -- Industry Dynamics A La Stackelberg With Stochastic Capital Accumulation -- / Luca Lambertini -- Gibrat's Law: An Overview Of The Empirical Literature -- / Luuk Klomp, Enrico Santarelli And A. Roy Thurik -- Entrepreneurship In The Old And New Europe / Isabel Grilo And A. Roy Thurik -- New Firm Formation And The Region: Empirical Results From The United States / Zoltan J. Acs -- R&d Intensity And The Relationship Between Firm Size And Growth In Germany / David B. Audretsch And Julie Ann Elston -- Gibrat's Law In Medium-technology Industry: Empirical Evidence For Italy -- / Francesca Lotti, Enrico Santarelli And Marco Vivarelli -- Entrepreneurship, Innovation, And The Evolution Of Industrial Districts -- / Enrico Santarelli -- Innovation Premium And The Survival Of Entrepreneurship Firms In The Netherlands / Elena Cefis And Orietta Marsili -- Foreign Presence, Technical Efficiency And Firm Survival In Greece: A Simultaneous Equation Model With Latent Variables Approach / Helen Louri, Costas Peppas And Efthymios Tsionas -- Entrepreneurship, Industrial Re-structuring And Unemployment In Portugal / Rui Baptista, A. Roy Thurik And Andre Van Stel -- Transferring The Risk Of Failure. Entrepreneurship And Firm Dynamics In Turkish Manufacturing / Erol Taymaz, Ali Funes And Kenan Orhan -- What Is The Best Policy For Innovative Entrepreneurship? / Roberta Piergiovanni And Enrico Santarelli. Edited By Enrico Santarelli. Includes Bibliographical References And Indexes. What is the economics of entrepreneurship about? Entrepreneurship, Growth and Innovation aims at giving a comprehensive answer to this question, claiming that this recently established discipline should focus on the development of a framework of analysis able to integrate the understanding of the determinants and the effects of both entrepreneurship and innovation without forgetting to pay the due attention to the functioning of the inducement mechanisms (institutional frameworks and public policies). For this purpose, the book combines theoretical prescriptions and international empirical evidence. Contributions by some of the best known scholars in the field of the economics of entrepreneurship and innovation enable to investigate whether the interrelationships between the forces that affect firm and industry dynamics and ultimately determine economic growth are subject to change across countries and over time. The analysis of different national cases (including, Germany, Greece, Italy, Portugal, Turkey, the Netherlands, and the United States) puts forward that the relationship between entrepreneurship and growth (via innovation) is shaped by the context of country-specific institutions and industries, thereby providing hints for industrial and innovation policy. For the above reasons, this book is recommendable reading for all those scholars and students who want to become more familiar with recent theoretical advances and empirical results in the economics of entrepreneurship, innovation, and economic growth