Albert N. Link

Robert F Hébert

This book establishes a chronological trace of the entrepreneur as treated in economic literature in order to give a more wholesome perspective to contemporary writings and teachings on entrepreneurship. It focuses on the nature and role of the entrepreneur, and of entrepreneurship, as revealed in economic literature as early as the eighteenth century, when Richard Cantillon first coined the term 'entrepreneur'. The authors then trace how Joseph Schumpeter's perspective, among other’s, on entrepreneurship came to dominate the world's understanding of the term. Due to Schumpeter’s dominant influence, entrepreneurship has come to occupy a primary role in the theory of economic development. In this book Hébert and Link discuss various key topics including the German Tradition, the Austrian and the English School of thought as well as individuals such as Alfred Marshall and Jeremy Bentham. The historical survey also illustrates the tension that often exists between "theory" and "practice" and how it has been difficult for economic theory to assimilate a core concept that plays a vital role in social and economic change. Finally, the book exposes the many different facets of entrepreneurship as they have been perceived by some of the great economists throughout the ages.

A History of Entrepreneurship

Research and development (R and D) leads to innovation, and innovation leads to technological change. Technological change, in turn, is the primary driver of economic growth. Public/private partnerships -- cooperative relationships among industry, government, and/or universities -- leverage the efficiency of R and D and are thus a critical aspect of a nation’s innovation system. This text is intended for upper-level undergraduate and MBA courses such as Economics and Technology, Economics of Innovation, and Economics of Science and Technology, among others. The first chapter introduces the concept of public/private research partnerships along with other concepts fundamental to an understanding of innovation and technology policy. The framework chapters (2-5) set forth an argument for the public’s role – government’s role – in innovation in general and in public/private partnership in particular. The remaining chapters (6-14) describe a number of public/private partnerships and, to the extent possible, evaluate their social impact.

Innovation Strategies and Policy Alternatives

Public/Private Partnerships

Alan C. O'Connor

Troy J. Scott

Electric drive vehicles (EDVs) are seen on American roads in increasing numbers. Related to this market trend and critical for it to increase are improvements in battery technology. Battery Technology for Electric Vehicles examines in detail at the research support from the U.S. Department of Energy (DOE) for the development of nickel-metal-hydride (NiMH) and lithium-ion (Li-ion) batteries used in EDVs. With public support comes accountability of the social outcomes associated with public investments. The book overviews DOE investments in advanced battery technology, documents the adoption of these batteries in EDVs on the road, and calculates the economic benefits associated with these improved technologies. It provides a detailed global evaluation of the net social benefits associated with DOEs investments, the results of the benefit-to-cost ratio of over 3.6-to-1, and the life-cycle approach that allows adopted EDVs to remain on the road over their expected future life, thus generating economic and environmental health benefits into the future.

Public science and private innovation

Battery Technology for Electric Vehicles

Donald Siegel

This useful new book reviews the literature on technology and economic growth covering historical and theoretical developments such as: *new models for measuring productivity *sources of technical knowledge and technological spillovers *stock market reactions to investment in technology Such a comprehensive survey is likely to be welcomed by students and academics involved in business economics, strategy and technology, as well as being extremely useful for public sector employees concerned with science and technology policy and planning, and private sector employees in research and development.

Technological Change and Economic Performance

David B. Audretsch

This book searches to understand the nature of the relationship, as well as the importance of the relationship, between sources of knowledge and entrepreneurial behavior. The conceptual foundation for our arguments is The Knowledge Spillover Theory of Entrepreneurship.

Sources of Knowledge and Entrepreneurial Behavior

Donald S. Siegel

A comprehensive and integrative overview of the current thinking on innovation, entrepreneurship, and technical change, written from an economics perspective, for academics, graduate, and advanced undergraduate students of Business Studies, Economics, Entrepreneurship, and Innovation Studies.

Innovation, Entrepreneurship, and Technological Change

Mike Wright

Universities are now in the business of managing intellectual property portfolios and commercializing discoveries from their laboratories. Much of the money universities make from this is in the form of licensing revenue and IPO-related wealth. However, managing intellectual-property portfolios is still a very new business for universities, and administrators and policymakers are still uncertain about how best to navigate the many practical and fundamental issues that arise. Written for both practitioners and academics, The Chicago Handbook of University Technology Transfer and Academic Entrepreneurshipprovides a clear outline of the broad set of new practices and institutions that have sprung up to manage and sell intellectual property, from university technology-transfer offices and cooperative-engineering research centers to vast research parks. To determine what makes technology transfer work, the question is approached from a variety of perspectives: historically, internationally, and from the perspectives of professors, entrepreneurs, administrators, and regulators. Some chapters offer guidelines and examples of how to foster and maintain successful research ventures from various perspectives. Others explore how developments in university technology transfer affect the public interest and inform the notion of open innovation and science.

The Chicago Handbook of University Technology Transfer and Academic Entrepreneurship

Jamie R. Link

Government acts as entrepreneur when its involvement in market activities is both innovative and characterized by entrepreneurial risk. Thinking of government as entrepreneur is a unique lens through which the authors of this book examine a specific subset of U.S. government policy actions. As such, their viewpoint underscores the purposeful intent of government, its ability to act in new and innovative ways, and its willingness to undertake policy actions that have uncertain outcomes. Viewing particular policy actions through an entrepreneurial lens is useful in two broad dimensions. First, it underscores the forward looking nature of policy makers as well as the need to evaluate the social outputs and outcomes of their behavior in terms of broad spillover impacts. Second, government acting as entrepreneur parallels in concept similar activities that occur in the private sector. Government as Entrepreneur is the first broad effort to emphasize the entrepreneurial aspects of governments. It is also the first systematic treatment of U.S. innovation policies to promote the formation of strategic research partnerships. It will foster a new perspective on the role of government and how incentives for government to act entrepreneurially might be institutionalized; it will serve as a vehicle for policy makers and scholars to think about the entrepreneurial actors in an economy, in a new way.

Government as Entrepreneur

Mary Lindenstein Walshok

This Handbook brings together a group of leading scholars, thinkers, policy makers, and business leaders to identify, articulate, and analyze what influences and shapes local competitiveness and what places can do to enhance their economic performance.

The Oxford Handbook of Local Competitiveness

Robert F. Hébert

Historical Perspectives on the Entrepreneur preserves a vital historical perspective by chronologically tracing the entrepreneur in the economic literature to give a complete perspective to contemporary writings and teachings on entrepreneurship. It reviews the historical nature and role of the entrepreneur as described and analyzed in economic literature from the eighteenth century to the present. Historical Perspectives on the Entrepreneur shows how Joseph Schumpeter changed the ambiguous nature of a concept of the entrepreneur to that which now occupies a primary role in the theory of economic development. It also examines other conceptions of entrepreneurship besides Schumpeter's including the many different facets of entrepreneurship as they have been perceived by some of the great economists throughout the ages. Finally, it illustrates the tension that often exists between "theory" and "practice." Historical Perspectives on the Entrepreneur should be required reading for all students of economics and those interested in entrepreneurship practice.

Historical Perspectives on the Entrepreneur

John de la Mothe

In an era of intense knowledge-based globalization and technology-based competition, the central role of networks, alliances and partnerships is now becoming recognized. By looking at the dynamics of these strategic organizational activities, leading authors in the field examine, in this book, how firms align themselves, how they use networks and enter into partnerships in order to develop new or radically improved processes, and how they introduce new or radically improved products to the market. The topic excludes, as the primary interest, spatial effects, such as those found in geographic clusters, or in regional innovation systems. The focus here is instead on the innovation process, and therefore examines framework issues about how we can assess networks of innovators, measurement issues for both researchers and official statisticians, and impact issues for both industry strategists and policy makers. Using an evolutionary perspective, and drawing on a range of disciplines, Networks, Partnerships and Alliances explores important issues at the conceptual, methodological and comparative levels concerning the construction of comparative advantage.

Networks, Alliances and Partnerships in the Innovation Process

The local levels of economies have felt the impact of technological change and globalization. These forces have triggered the need to understand the dynamic mechanisms that enable locales to respond to such changes. For example, the downsizing of traditional employers because of a major loss in market share due to new competitors, acquisition by global firms, or off-shoring of production or services was traditionally thought to be beyond the scope of powers of local policy makers, thinkers, and business leaders. In the world of practice, those concerned about the economic performance of place-city, region or state-are increasingly focused on how to adapt to these trends and leverage their existing resources to respond to these global challenges as a positive opportunity. The Oxford Handbook of Local Competitiveness brings together some of the leading minds in the fields of business, economics, and the social sciences to identify, articulate, and analyze what influences and shapes local competitiveness and what places can do to enhance their economic performance. The contributors to the Handbook provide a body of systematic analyses suggesting that the local context is a critical element of the forces that shape competitiveness. The challenges to generate and sustain economic performance vary across places, and the factors and conditions that either enhance or impede competiveness also are place-specific. Finally, the characteristics and nature of what constitutes success also vary across places. This Handbook is essential reading material for academics in the fields of economics and public policy, as well as business leaders who hope to gain a more in-depth understanding of their field. Informative and intellectually rigorous, The Oxford Handbook of Local Competitiveness is the definitive volume of scholarly analysis regarding the relationship between place and economic competition.

How to Keep Your Company on Track in Times of Economic Change

Mastering the Business Cycle

Cristiano Antonelli

Strategic alliances have generally been used to refer to relationships that allow an organization to access the strengths and capabilities of other organizations, with the organization often focused on being the firm. The strategy behind such an alliance is for each firm in the alliance to draw on the core competencies of the other firm(s) with the goal of facilitating the growth and development of each member. Strategic alliances have long been studied from several perspectives, including the way in which the alliance is brought about, alternative forms of relationships that form the structure of the alliance, efficiency gains from the alliance, and the life cycle of the alliance. The strategic alliances that are now being observed are those that involve partners other than firms. In many advanced nations, strategic alliances are subsidized by the public sector in the belief that they advance economic growth. One such form of this public/private partnership involves universities as the public partner; another form involves a government agency as the public partner; and a third form involves both. This book transcends the traditional approach to a strategic alliance. As such, this collection might represent the locus of observational points that make up a new frontier, re-defining the scope of research that falls under the rubric of ‘strategic alliances’. This book was originally published as a special issue of Economics of Innovation and New Technology.

Leveraging Economic Growth and Development

Strategic Alliances

Frederic M. Scherer

Edwin Mansfield was a research pioneer into the economics of R and D and technological change. As appreciation and remembrance for his scholarly contributions, eminent scholars have contributed original papers for this edited volume. The authors have followed the "Mansfieldian” approach of emphasizing economic insight and intuition over mathematical rigor and as a result are very accessable. Essays in Honor of Edwin Mansfield has the potential to serve as a reader in all advanced undergraduate and graduate classes/seminars in the economics of R and D and technological change. This edited volume will be the definitive work in the field.

The Economics of R&D, Innovation, and Technological Change

Essays in Honor of Edwin Mansfield

There is growing interest in the relationship between gender and entrepreneurial activity. In this book, 37 eminent scholars from diverse academic disciplines contribute cutting-edge research that addresses, from a gender perspective, three general areas of importance: key characteristics of entrepreneurs, key performance attributes of entrepreneurial firms, and the role of financial capital in the establishment and growth of entrepreneurial firms and in their growth.

Albert N. Link

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