Small Business Economics

Zoltan Acs & David Audretsch, Editors in Chief

Entrepreneurship is increasingly important as a scholarly field. Small Business Economics provides an invaluable forum for research and scholarship focusing on the role of entrepreneurship and small business. The journal has a broad scope and focuses on multiple dimensions of entrepreneurship, including entrepreneurs’ characteristics, new ventures and innovation, firms’ life cycles; as well as the role played by institutions and public policies within local, regional, national and international contexts. Small Business Economics publishes theoretical, empirical, and conceptual papers and encourages interdisciplinary and cross-disciplinary research from a broad spectrum of disciplines and related fields, including economics, finance, management, psychology, regional studies, sociology and strategy.


Books (click the links below to purchase)


The Global Entrepreneurship and Development Index 2010

Zoltan Acs & Laszlo Szerb, (2011) Edward Elgar

Here is a volume packed with important information on entrepreneurship and management, subjects critical for the growth of the world’s economies. Its authors are clear leaders in knowledge about entrepreneurship and its key role in the economy. They provide extensive, relevant, and highly illuminating data on a profusion of countries, organized so as to facilitate their use by others. Those who study the international arena will be particularly grateful for this work.


Entrepreneurship, Small and Medium-Sized Enterprises and the Macroeconomy

Zoltan Acs, Bo Carlsson & Charlie Karlsson, editors (2011) Cambridge University Press

This book was originally published in 1999. At this time, the US economy had recently restructured itself, moving away from an industrial economy towards one based on information, while the European Union and Japan were left to worry about rising government deficits, inflexible businesses, persistent unemployment, and workers inadequately trained for the information age. Why did the US economy move beyond its chief competitors? This collection suggests that at least some of the answers to the pattern of divergent development can be found in the role of the entrepreneur. By examining the process that entrepreneurs play in the economy, the essays in this volume make a fundamental contribution to our understanding of the macroeconomy. Each chapter clarifies the role of entrepreneur in economic theory, the function of small and medium-size enterprises that they found and build and the impact of the innovations introduced on employment, productivity, and economic growth.


Obesity, Business and Public Policy

Zoltan Acs & Alan Lyles, editors (2010) Edward Elgar, paperback edition.

Obesity, Business and Public Policy is unique in its broad social science approach, exploring the obesity epidemic from economic, business, legal, social and public policy perspectives. As such, this truly multidisciplinary study will make fascinating reading for academics and professionals from a wide variety of backgrounds including: business, economics, public and social policy, medicine and nutrition.

The Knowledge Spillover Theory of Entrepreneurship

Zoltan Acs, editor (2010) Edward Elgar

With this selection of previously published articles, Professor Acs provides a guided tour to the leading ideas in knowledge spillover theory. The volume not only includes some of the foundational writings on the use of knowledge in business and industry, but also brings us right up to date with some seminal articles illustrating the latest thinking on entrepreneurship, the knowledge spillover theory and the knowledge filter.


The Emergence of the Knowledge Economy: A Regional Perspective (Advances in Spatial Science)

Zoltan Acs, Henri L.F. de Groot & Peter Nijkamp, editors (2010) Springer (paperback)

Knowledge has in recent years become a key driver for growth of regions and nations. This volume empirically investigates the emergence of the knowledge economy in the late 20th century from a regional point of view. It first deals with the theoretical background for understanding the knowledge economy, with knowledge spillovers and development externalities. It then examines aspects of the relationship between knowledge inputs and innovative outputs in the information, computer and telecommunications sector (ICT) of the economy at the regional level. Case studies focusing on a wide variety of sectors, countries and regions finally illustrate important regional innovation issues.

Public Policy in an Entrepreneurial  Economy

Zoltan Acs & Roger Stough, editors (2008) Springer

This edited volume presents new research on such timely topics as health care policy, technology transfer, and intellectual property rights, they build a case for creating the conditions that will motivate entrepreneurs to launch and sustain new businesses. In the process, the book addresses policies operating at the individual, national, regional, and international levels, and offers a unique perspective on several institutional structures that enhance entrepreneurship and economic growth.


Entrepreneurship, Geography and American Economic Growth

Zoltan Acs & Catherine Armington (2006) Cambridge University Press

The spillovers in knowledge among largely college-educated workers were among the key reasons for the impressive degree of economic growth and spread of entrepreneurship in the United States during the 1990s. Prior ‘industrial policies’ in the 1970s and 1980s did not advance growth because these were based on outmoded large manufacturing models. Zoltan Acs and Catherine Armington use a knowledge spillover theory of entrepreneurship to explain new firm formation rates in regional economies during the 1990s period and beyond. The fastest-growing regions are those that have the highest rates of new firm formation, and which are not dominated by large businesses. The authors of this 2006 text also find support for the thesis that knowledge spillovers move across industries and are not confined within a single industry. As a result, they suggest, regional policies to encourage and sustain growth should focus on entrepreneurship among other factors.

The Growth of Cities

Zoltan Acs, editor, (2006) Edward Elgar

To understand why some regions grow and others stagnate, we need to understand the interactions between economic growth, economic geography and the economics of innovation. Each of these individual approaches has strengths and weaknesses, but when integrated it is possible, as evidenced by this volume, to develop an appropriate model of technology-led regional economic development.


Handbook of Entrepreneurship Research

Zoltan Acs and David Audretsch, editors (2005) Springer, (Paperback Edition)

Interest and attention to entrepreneurship has exploded in recent years. Yet, much of the research and scholarship has remained elusive to academics, policymakers and other researchers. This reflects two crucial aspects of the entrepreneurship literature. First has been the explosion of new findings and insights, both theoretically and empirically. Second, most of this scholarship has been rooted in traditional academic disciplines, spanning a broad spectrum of fields such as management, finance, economics, sociology and psychology. The purpose of the Handbook of Entrepreneurship is to bring together leading scholars from each of these disciplines to provide an overview of what the issues are for entrepreneurship when viewed through the lens provided by the academic disciplines as well as a synthesis about what has been learned and what questions should be high on the agenda for future research. Taken together, this Handbook will provide a roadmap to an emerging complex but intriguing field of entrepreneurship.


Innovation and the Growth of Cities

Zoltan Acs, (2002) Edward Elgar

Acs’s book demonstrates the link between entrepreneurship, geographic proximity and economic growth. It identifies the missing links from a wide range of viewpoints and with a modern empirical flavor. It shows that a proper environment is needed for the idea to start a firm and to contribute to the economic development of this environment. Acs provides vital reading for academics and policymakers aiming to understand the role of spillovers and clusters when explaining the growth of cities. He captures the essence of the economic dynamics of cities in the modern economy.