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Innovation, Industry Evolution and Employment

David B. Audretsch and Roy Thurik's new book is rolling out of the Cambridge University Press this July.  (The book will officially be published in August, both in Great Britain and in the United States).

read an introduction to articles in the book: IIEandE.pdf 
to view: Acrobat Reader

(ISBN: 0-521-64166-7)

Traditional approaches to creating employment and economic growth have failed in the 1990s.  A new understanding of what creates jobs and drives growth has emerged in a cross-disciplinary approach which combines industrial organization, the economics of technological change, labor economics, and international economics.  The new approach focuses on the dynamics of firms and industries as sources of innovation (and consequently increased competitiveness, job creation, and economic growth), and emphasizes the shift in economic activity based on traditional factors of production to being based on new economic knowledge.

Innovation, Industry Evolution and Employment edited by David Audretsch and Roy Thurik brings together leading scholars to present important and ori8ganl research in this exciting new area.  With case study material taken from countries including France, Germany, Holland, Canada, and the US, Innovation, Industry Evolution, and Employment will be vital reading for policy-makers, researchers, and students.

Advance praise for
Innovation, Industry Evolution and Employment:

The fundamental fact that unemployment is too high in Europe is generally explained by high wage levels.  In strong contrast, there are other labour market models which have some apparent advantages in terms of job creation, but with lower average wages.

The temptation is then to accept the fatal trade-off between greater employment at the sacrifice of lower wages, against the maintenance of wages and living standards with the penalty of less employment.

The challenge of this innovative book is to question this apparent dilemma on the basis of empirical evidence and rigorous analyses.

The central argument of the contributors to this volume is that Europe and North America have lost the comparative advantage in traditional industries.  The alternative is to invest in knowledge-based economic activity, which is characterised by both high wages and high levels of employment.

This book renews an essential debate for the future of European competitiveness.

Alexis Jacquemin
Université Catholique de Louvain

 

This volume examines the complex but exceedingly important relationships between entrepreneurial activity, economic growth, and technological innovation.  To address these issues -- of considerable interest to academics and policy makers alike -- these papers employ a diverse array of little-explored data sets from a wide variety of countries and variety of methodologies.  Disentangling the chain of causation is not easy, and this topic will surely attract considerable empirical research in the years to come.  This volume will be frequently referred to, both by practitioners seeking to gain an understanding of what is known already about these complex relationships and by scholars seeking to map out future analytic explorations.

Josh Lerner
Associate Professor of Business Administration
Harvard Business School

Cambridge University Press:

bulletUnited Kingdom Web Site
bulletNorth American Web Site
  related links:
bulletProfile of David Audretsch
bulletProfile of Roy Thurik