Entrepreneurship, the New Economy and Public Policy : Schumpeterian Perspectives

Silicon Valley is the most salient example of high-tech industrial clusters. A high-tech industrial cluster such as Silicon Valley is characterized by c- centratedentrepreneurship. Weproposeanagent-basedcomputationalmodeltoshowhow high-tech industrial clusters could emerge in a landscape in which no ?rms existed originally.

Editorial.- Reflections on the Schumpeter I knew well.- Schumpeter, product innovation and public policy: the case of cigarettes.- Risk, variety and volatility: growth, innovation and stock prices in early industry evolution.- Social networks and industrial geography.- Growing Silicon Valley on a landscape: an agent-based approach to high-tech industrial clusters.- The theory of the firm and the markets for strategic acquisitions.- The growth of commercialization - facilitating organizations and practices: A Schumpeterian perspective.- On the macroeconomic effects of establishing tradability in weak property rights.- Capital in the new economy: A Schumpeterian perspective.- A comparative perspective on innovation and productivity in manufacturing and services.- Tracing empirical trails of Schumpeterian development.- Towards an evolutionary interpretation of aggregate labor market regularities.- An evolutionary model of international competition and growth.- Innovation and growth in Germany over the past 150 years.- Nonlinear dynamism of innovation and business cycles.- The dynamic effects of general purpose technologies on Schumpeterian growth.