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Global Entrepreneurship, Institutions and Incentives

The Mason Years Zoltán J. Ács, Professor, London School of Economics and Political Science, UK and University Professor, School of Policy, Government and International Affairs, George Mason University, US
This book presents some of Zoltán J. Ács’ most important contributions since the turn of the the new millennium, with a particular intellectual focus on the knowledge spillover theory of entrepreneurship. This approach was shaped by three major events: the rapid globalization that occurred in the first decade of the 21st century; research on the role institutions have played in economic development during the past few decades; and the spread of entrepreneurial activity around the world following the collapse of communism at the end of the 20th century. This entrepreneurial activity has given rise to many questions of theory, measurement and policy.
Extent: 672 pp
Hardback Price: $210.00 Web: $189.00
Publication Date: 2016
ISBN: 978 1 78471 804 6
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  • Business and Management
  • Entrepreneurship
  • Knowledge Management
  • Economics and Finance
  • Economics of Entrepreneurship
  • Innovation and Technology
  • Knowledge Management
This book presents some of Zoltán J. Ács’ most important contributions since the turn of the new millennium, with a particular intellectual focus on knowledge spillover entrepreneurship. It studies the evolution of global entrepreneurship and pays attention to the role of institutions and the incentives they create for economic agents who become either productive or unproductive entrepreneurs.

For productive entrepreneurs, those that create wealth for themselves and for society, the author offers a knowledge spillover theory of entrepreneurship as a new way to help understand the entrepreneurial ecosystem. For those that create wealth only for themselves the author develops a theory of destructive entrepreneurship that undermines the entrepreneurial ecosystem. The book also presents an explanation of the role of philanthropy in reconstituting wealth to complete the circuits of capital in the theory of capitalist development. Finally, the author examines several public policy issues including immigration and technology transfer.

This volume will be required reading for students and scholars of entrepreneurship, economics and public policy.
‘This book brings together much-admired pieces of literature to help us to understand the dynamics of global entrepreneurship, situating them within the formal institutions and systems of incentives in the countries and regions where they begin and shows how they are later expanded to larger markets. This book will also help the emerging economies to strategize their public policies for entrepreneurship development. This book is recommended to scholars and practitioners engaged in entrepreneurship research, or studying the entrepreneurial behaviors of global enterprises.’
– Science & Public Policy

‘This outstanding volume by Zoltán J. Ács, a leading expert on entrepreneurship and innovation, provides the perfect introduction to current thinking about entrepreneurship in the global economy. The topics are critical for people contemplating entrepreneurship and development; from knowledge diffusion to philanthropy, regional growth and the role of entrepreneurs in economic growth.’
– Saul Estrin, London School of Economics and Political Science, UK

‘This book brings together much-admired pieces of literature to help us to understand the dynamics of global entrepreneurship, situating them within the formal institutions and systems of incentives in the countries and regions where they begin and shows how they are later expanded to larger markets. This book will also help the emerging economies to strategize their public policies for entrepreneurship development.’
– Science and Public Policy
Contents:

Introduction Zoltán J. Ács

PART I INCENTIVES AND THE MANY FACES OF ENTREPRENEURSHIP
1. Sameeksha Desai, Zoltan J. Acs and Utz Weitzel (2012), ‘A Model of Destructive Entrepreneurship: Insight for Conflict and Postconflict Recovery’, Journal of Conflict Resolution, 57 (1), February, 20–40

2. Utz Weitzel, Diemo Urbig, Sameeksha Desai, Mark Sanders and Zoltan Acs (2010), ‘The Good, the Bad, and the Talented: Entrepreneurial Talent and Selfish Behavior’, Journal of Economic Behavior and Organization, 76 (1), October, 64–81

3. Zoltan J. Acs, Mary C. Boardman and Connie L. McNeely (2013), ‘The Social Value of Productive Entrepreneurship’, Small Business Economics, 40 (3), April, 785–96

4. Zoltán J. Ács, László Szerb and Scott Jackson (2013), ‘Entrepreneurship in Africa through the Eyes of GEDI’, Entrepreneurship and Innovation, 14 (4), November, 219–34

PART II THE KNOWLEDGE SPILLOVER THEORY OF ENTREPRENEURSHIP
5. Bo Carlsson, Zoltan J. Acs, David B. Audretsch and Pontus Braunerhjelm (2009), ‘Knowledge Creation, Entrepreneurship, and Economic Growth: A Historical Review’, Industrial and Corporate Change, 18 (6), December, 1193-229

6. Pontus Braunerhjelm, Zoltan J. Acs, David B. Audretsch and Bo Carlsson (2010), ‘The Missing Link: Knowledge Diffusion and Entrepreneurship in Endogenous Growth’, Small Business Economics, 34 (2), February, 105–25

7. Zoltan J. Acs, Pontus Braunerhjelm, David B. Audretsch and Bo Carlsson (2009), ‘The Knowledge Spillover Theory of Entrepreneurship’, Small Business Economics, 32 (1), January, 15–30

8. Lawrence A. Plummer and Zoltan J. Acs (2014), ‘Localized Competition in the Knowledge Spillover Theory of Entrepreneurship’, Journal of Business Venturing, 29 (1), January, 151–36

9. Haifeng Qian and Zoltan J. Acs (2013), ‘An Absorptive Capacity Theory of Knowledge Spillover Entrepreneurship’, Small Business Economics, 40 (2), February, 185–97

10. Zoltan J. Acs and Mark W.J.L. Sanders (2013), ‘Knowledge Spillover Entrepreneurship in an Endogenous Growth Model’, Small Business Economics, 41 (4), December, 775–95

11. Zoltan J. Acs and Mark Sanders (2012), ‘Patents, Knowledge Spillover and Entrepreneurship’, Small Business Economics, 39 (4), November, 801–17

PART III CITIES, KNOWLEDGE AND ENTREPRENEURSHIP
12. Zoltan Acs, Niels Bosma and Rolf Sternberg (2010), ‘Entrepreneurship in World Cities’, in Maria Minniti (ed.), The Dynamics of Entrepreneurship: Evidence from the Global Entrepreneurship Monitor Data, Chapter 6, Oxford, UK and New York, NY: Oxford University Press, 125–51

13. Zoltan J. Acs and Siri Terjesen (2013), ‘Born Local: Toward a Theory of New Venture’s Choice of Internationalization’, Small Business Economics, 41 (3), October, 521–35

14. Haifeng Qian, Zoltan J. Acs and Roger R. Stough (2012), ‘Regional Systems of Entrepreneurship: The Nexus of Human Capital, Knowledge, and New Firm Formation’, Journal of Economic Geography, 13 (4), July, 559–87

15. Zoltán J. Ács, László Szerb, Raquel Ortega-Argilés, Ruta Aidis and Alicia Coduras (2014) ‘The Regional Application of the Global Entrepreneurship and Development Index (GEDI): The Case of Spain’, Regional Studies, 1–19

16. Zoltan J. Acs and Pamela Mueller (2008), ‘Employment Effects of Business Dynamics: Mice, Gazelles and Elephants’, Small Business Economics, 30 (1), January, 85–100

17. Zoltan Acs, Lawrence A. Plummer and Ryan Sutter (2009), ‘Penetrating the Knowledge Filter in Rustbelt Economies’, Annals of Regional Science, 43 (4), December, 989–1029

18. Zoltan J. Acs , Catherine Armington and Ting Zhang (2007), ‘The Determinants of New-Firm Survival Across Regional Economies: The Role of Human Capital Stock and Knowledge Spillover’, Annals of Regional Science, 86 (3), August, 367–91

PART IV COUNTRIES, INSTITUTIONS AND ENTREPRENEURSHIP
19. Philip McCann and Zoltan J. Acs (2011), ‘Globalization: Countries, Cities and Multinationals’, Regional Studies, 45 (1), January, 17–32

20. Pekka Stenholm, Zoltan J. Acs and Robert Wuebker, (2013), ‘Exploring Country Level Institutional Arrangements on the Rate and Type of Entrepreneurial Activity’, Journal of Business Venturing, 28 (1), January, 176–93

21. Erkko Autio and Zoltan Acs (2010), ‘Intellectual Property Protection and the Formation of Entrepreneurial Growth Aspiration’, Strategic Entrepreneurship Journal, 4 (3), September, 234–51

22. Sonia Ketkar and Zoltan J. Acs (2013), ‘Where Angels Fear to Tread: Internationalization of Emerging Country SMEs’, Journal of International Entrepreneurship, 11 (3), September, 201–19

23. Soogwan Doh and Zoltan J. Acs (2010) ‘Innovation and Social Capital: A Cross-Country Investigation’, Industry and Innovation, 17 (3), June, 241–62

24. Zoltan J. Acs, Sameeksha Desai and Leora F. Klapper (2008) ‘What does “Entrepreneurship” Data Really Show?’, Small Business Economics, 31 (3), October, 265–81

PART V CAPITALISM, PHILANTHROPY AND DEMOCRACY
25. Zoltan J. Acs (2013), ‘“Entrepreneurial Capitalism” in Capitalist Development: Towards a Synthesis of Capitalist Development and the “Economy as a Whole”’, in Zoltan J. Acs, David B. Audretsch and Robert J. Strom (eds), Entrepreneurship, Growth, and Public Policy, Chapter 14, Cambridge, UK and New York, NY: Cambridge University Press, 319–37

26. Philip Auerswald and Zoltan J. Acs (2009), ‘Defining Prosperity’, American Interest, IV (5), May/June, 1–9

27. Zoltan J. Acs (2014) ‘The Great Seasaw of Civilization’, Philanthropy Impact Magazine, 5, Spring, 15–18

PART VI INSTITUTIONS, INCENTIVES AND PUBLIC POLICY
28. Zoltán J. Ács, Erkko Autio and László Szerb (2014), ‘National Systems of Entrepreneurship: Measurement Issues and Policy Implications’, Research Policy, 43 (3), April, 476–94

29. Zoltan J. Acs (2009), ‘High-Impact Firms: Gazelles Revisited’, in Michael Fritsch (ed.), Handbook of Research on Entrepreneurship and Regional Development, Chapter 6, Cheltenham, UK and Northampton, MA: Edward Elgar Publishing, 133–74

30. Zoltan J. Acs, Colm O’Gorman and Siri Terjesen (2007), ‘Could the Irish Miracle be Repeated in Hungary?’, Small Business Economics, 28 (2–3), March, 123–42

31. David M. Hart and Zoltan J. Acs (2011), ‘High-Tech Immigrant Entrepreneurs in the United States’, Economic Development Quarterly, 25 (2), May, 116–29

32. David J. Miller and Zoltan J. Acs (2014) ‘Technology Commercialization on Campus: Twentieth Century Frameworks and Twenty-First Century Blind Spots’, Annals of Regional Science, 50 (2), April, 407–23

Index