Entrepreneurship, Geography, and American Economic Growth - Zoltan J. (George Mason University Acs - Bog

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. In this text, Zoltan Acs and Catherine Armington use a knowledge spillover theory of entrepreneurship to explain new firm formation rates.