Entrepreneurship, Growth and Public Policy: Prelude to a Knowledge Spillover Theory of Entrepreneurship

This book synthesizes Zoltan Acs' key contributions to the field of entrepreneurship. This invaluable selection of papers represents three decades of research that has resulted in an integrated and important contribution to understanding the evolution from managerial capitalism to an entrepreneurial society.The author explores how socio-economic transformation is placed within a larger context spanning two centuries of economic growth and development in a capitalist society. Zoltan Acs has introduced a radically different view of small firms and argues that entrepreneurs start new companies to deviate innovatively as agents of change creating entrepreneurial rents. Working at the intersection of geography, innovation and growth, these papers pave the way for the remodelling of economic society in the 21st century. One of the unique outcomes of this reconstruction of economic society is the need to focus attention on the links between entrepreneurship and philanthropy as the foundation of opportunity.This book spans close to 25 years of research, presenting collaborations with over a dozen leading international scholars across four disciplines. It represents a major contribution to the literature and to our understanding of the global economy and will be invaluable to those interested in entrepreneurship, political science and regional science and as well academics, graduate students and economists.