This is an introduction to the forthcoming volume "The Role of Innovation and Entrepreneurship in Economic Growth." The … chapters collected in this volume seek to answer the following questions: What is the relationship between innovation/entrepreneurship … and economic growth in specific industrial sectors? How has the relationship between innovation /entrepreneurship and …

-documented relationships between economic growth, innovation, entrepreneurship and venture capital. Yet despite good intentions, many of these … launch sustained successful efforts to promote entrepreneurship over sustained periods. I highlight several critical …

. A second class of theories hypothesizes that some places are endowed with a greater supply of entrepreneurship. Evidence … on sales per worker does not support the higher returns for entrepreneurship rationale. Our evidence suggests that … entrepreneurship is higher when fixed costs are lower and when there are more entrepreneurial people …

firms (entrepreneurship) and the average quality of management (meritocracy). Legal reform also reduces financial … improve meritocracy at the expense of entrepreneurship. As a result, legal reform encounters less political opposition than …

imbalance may also stimulate economic growth by inducing more entrepreneurship and hard work. First, new domestic private firms …

-driven. This paper provides a survey of the growing literature on the economics of such innovation-driven entrepreneurship. We …Entrepreneurship is thought to be a key driver of economic growth. While there are myriad forms of entrepreneurship …, ranging from self-employment to small and medium size enterprises to technology- and innovation-driven startups, recent …

We estimate differences in innovation behavior between foreign versus U.S.-born entrepreneurs in high-tech industries … characteristics and innovation activities. We find uniformly higher rates of innovation in immigrant-owned firms for 15 of 16 … different innovation measures; the only exception is for copyright/trademark. The immigrant advantage holds for older firms as …

documents the evolving roles of innovation and entrepreneurship in the energy sector. First, we provide an overview of the …Historically, innovation in the energy sector proceeded slowly and entrepreneurial start-up firms played a relatively …, integrating intermittent resources creates additional grid management challenges, requiring further innovation. This chapter …

employees to pursue value-enhancing innovative activities. Using patents and citations as proxies for innovation, we identify … that within a country, innovation and economic growth are fostered by stringent laws governing dismissal of employees …, especially in the more innovation-intensive sectors. Firm-level tests within the United States that exploit a discontinuity …