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Schumpeter's Creative Destruction: A Review Of The Evidence, Arthur M. Diamond Jr. Oct 2006

Schumpeter's Creative Destruction: A Review Of The Evidence, Arthur M. Diamond Jr.

Economics Faculty Publications

Thoughtful scholars from Adam Smith to Jared Diamond, have asked the same life-and-death question: why do some societies succeed, and others fail, in producing the goods that make life long, healthy and prosperous? Smith's answer was basically that when societies adopt the rules of market capitalism, their economies grow,:and when they do not adopt the rules of market capitalism, their economies do not. Since Smith, other economists have developed more formal models of economic growth. The classic "Solow growth model" emphasized the investment of capital. Romer's "New Growth Theory," includes knowledge as a variable. What is mainly missing from both …


Northeast Ohio Entrepreneurship Confidence Survey: First Year Findings, Jill S. Taylor Sep 2006

Northeast Ohio Entrepreneurship Confidence Survey: First Year Findings, Jill S. Taylor

All Maxine Goodman Levin School of Urban Affairs Publications

The objective of the entrepreneurship Confidence Survey is to assess the entrepreneurial climate and entrepreneurs’ confidence in their ability to start and sustain a business in Northeast Ohio. The intention is to repeat the survey annually for the next several years to identify trends that might emerge. The survey has been constructed to measure respondents’ perceptions regarding several issues, including access to capital, workforce supply, information provided by educational institutions and business support organizations, networking opportunities, government responsiveness, attitudes toward entrepreneurs, adequacy of infrastructure, quality of life, and confidence in the regional economy and the ability to start or sustain …


What Makes A Region Entrepreneurial? A Review Of The Literature, Jill S. Taylor Sep 2006

What Makes A Region Entrepreneurial? A Review Of The Literature, Jill S. Taylor

All Maxine Goodman Levin School of Urban Affairs Publications

In recent years, there has been a growing focus on entrepreneurship as a principal source of economic growth. Many economic development practitioners and public policymakers are taking note of this, shifting attention and resources toward activities to support entrepreneurship. This reflects a broader shift toward strategies that spur growth from within (endogenous growth) rather than seeking economic gains from the outside (exogenous growth).


Innovation And Entrepreneurship Indicators, Robert Sadowski Apr 2006

Innovation And Entrepreneurship Indicators, Robert Sadowski

All Maxine Goodman Levin School of Urban Affairs Publications

This work is an update to the Regional Economic Indicators: Business and Innovation Climate report that was issued in August 2004. Although many of the same economic indicators are used in the analyses, there is a major difference between the two reports. The August 2004 release had a broad focus on the overall business climate in 36 comparable metro areas. The result was a single index—business and innovation climate. In this report, we focus almost exclusively on innovation and entrepreneurship, each with its own index.