Books
Zoltan J. Acs & Catherine Armington, Entrepreneurship, Geography, and American Economic Growth (2006).
Abstract (from Amazon Product Description): 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 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.
William J. Baumol, THE MICROTHEORY OF INNOVATIVE ENTREPRENEURSHIP (2010).
Product Description (from Amazon): Entrepreneurs are widely recognized for the vital contributions they make to economic growth and general welfare, yet until fairly recently entrepreneurship was not considered worthy of serious economic study. Today, progress has been made to integrate entrepreneurship into macroeconomics, but until now the entrepreneur has been almost completely excluded from microeconomics and standard theoretical models of the firm. The Microtheory of Innovative Entrepreneurship provides the framework for introducing entrepreneurship into mainstream microtheory and incorporating the activities of entrepreneurs, inventors, and managers into standard models of the firm. William Baumol distinguishes between the innovative entrepreneur, who comes up with new ideas and puts them into practice, and the replicative entrepreneur, which can be anyone who launches a new business venture, regardless of whether similar ventures already exist. Baumol puts forward a quasi-formal theoretical analysis of the innovative entrepreneur's influential role in economic life. In doing so, he opens the way to bringing innovative entrepreneurship into the accepted body of mainstream microeconomics, and offers valuable insights that can be used to design more effective policies. The Microtheory of Innovative Entrepreneurship lays the foundation for a new kind of microtheory that reflects the innovative entrepreneur's importance to economic growth and prosperity.
Entrepreneurship Education in Asia (Hugh Thomas & Donna Kelley eds., 2011).
Abstract (adapted from publisher): The continuing success of the Asian Miracle relies on an entrepreneurial revolution that has increased the productivity and flexibility of economies across the region. Yet this revolution has largely been necessity-driven, traditional and vulnerable to erosion as the region becomes increasingly prosperous and well educated. How to educate the next wave of entrepreneurs is a pressing Asian question that resonates around the world and is the subject of this volume. Hugh Thomas and Donna Kelley draw on 24 scholars from 15 institutions to report on regional entrepreneurship education. They identify problems encountered by educators and describe solutions that stimulate students to create value. The approaches are hands-on, project-based and multidisciplinary, geared to develop educator-to-business entrepreneurial ecosystems. The entrepreneurial programs described in this book involve experiencing foreign cultures, working with major corporations, consulting to small and medium sized enterprises, travelling to distant lands, addressing environmental and social problems, and reaching out to the disadvantaged. Social entrepreneurship is combined with for-profit entrepreneurship in programs that extend the concept of value creation. This book eloquently and expertly describes how entrepreneurship education – whether in Vietnam, Malaysia, Korea, Japan, China or elsewhere on the globe – can combine with community to help youth create a better world.
Yong Zhao, World Class Learners: Educating Creative and Entrepreneurial Students (2012).
Abstract (from author): In the new global economy, the jobs that exist now might not exist by the time today’s students enter the workplace. To succeed in this ever-changing world, students need to be able to think like entrepreneurs: resourceful, flexible, creative, and global. The author unlocks the secrets to cultivating independent thinkers who are willing and able to use their learning differently to create jobs and contribute positively to the globalized society. World Class Learners presents concepts that teachers, administrators and even parents can implement immediately, including how to: understand the entrepreneurial spirit and harness it; foster student autonomy and leadership; champion inventive learners with necessary resources; develop global partners and resources. With the liberty to make meaningful decisions and explore nontraditional learning opportunities, today’s students will develop into tomorrow’s global entrepreneurs.