Michael J. Andrews is assistant professor of economics at the University of Maryland, Baltimore County. Aaron K. Chatterji is the Mark Burgess and Lisa Benson-Burgess Distinguished Professor at Duke University’s Fuqua School of Business, professor at the Sanford School of Public Policy, and a research associate of the National Bureau of Economic Research. Josh Lerner is chair of the Entrepreneurial Management Unit and the Jacob H. Schiff Professor of Investment Banking at Harvard Business School. He is a research associate and codirector of the Productivity, Innovation, and Entrepreneurship Program at the National Bureau of Economic Research. Scott Stern is the David Sarnoff Professor of Management and chair of the Technological Innovation, Entrepreneurship, and Strategic Management Group at MIT Sloan School of Management. He is a research associate and director of the Innovation Policy Working Group at the National Bureau of Economic Research.

"In a period when productivity growth and dynamism have slowed across the advanced economies and policy-makers and academics are left searching for answers, The Role of Innovation and Entrepreneurship in Economic Growth offersin-depth, accessible and policy-relevant lessons to a wide audience. Whether you are interested in policy, innovation and growth research, are a business trying to understand the trends in your market, or just someone starting to think aboutthe above-mentioned topics, then this book will offer an intriguing read."

• AcknowledgmentsIntroduction: Beyond 140 CharactersMichael J. Andrews, Aaron K. Chatterji, and Scott Stern  I. Productivity Drivers1. The “Weighty” Manufacturing Sector: Transforming Raw Materials into Physical GoodsErica R. H. Fuchs, Christophe Combemale, Kate S. Whitefoot, and Britta Glennon2. Concentration and Agglomeration of IT Innovation and Entrepreneurship: Evidence from PatentingChris Forman and Avi Goldfarb3. Innovation, Growth, and Structural Change in American AgricultureJulian M. Alston and Philip G. PardeyComment: Brian Davern Wright4. Innovation and Entrepreneurship in the Energy SectorDavid Popp, Jacquelyn Pless, Ivan Haščič, and Nick Johnstone  II. The On-Demand Economy5. What’s Driving Entrepreneurship and Innovation in the Transportation Sector?Derrick Choe, Alexander Oettl, and Rob SeamansComment: Gilles Duranton6. The Recent Evolution of Physical Retail Markets: Online Retailing, Big Box Stores, and the Rise of RestaurantsFrancine Lafontaine and Jagadeesh SivadasanComment: Emek Basker7. The Servicification of the US Economy: The Role of Startups versus Incumbent FirmsMercedes Delgado, J. Daniel Kim, and Karen G. MillsComment: Sharat Ganapati8. Digitization and Its Consequences for Creative-Industry Product and Labor MarketsJoel WaldfogelComment: Gustavo Manso  III. The Cost Disease Sectors9. Innovation in the US GovernmentJoshua R. Bruce and John M. de FigueiredoComment: Manuel Trajtenberg10. Venture Capital–Led Entrepreneurship in Health CareAmitabh Chandra, Cirrus Foroughi, and Lauren Mostrom11. Innovation and Entrepreneurship in HousingEdward KungComment: Jessie Handbury12. Education and InnovationBarbara Biasi, David Deming, and Petra MoserComment: Eleanor Wiske DillonPanel Remarks: Creating “Smart” Policy to Promote Entrepreneurship and InnovationKaren G. Mills and Annie V. DangPanel Remarks: Measuring Business Innovation Using a Multidimensional ApproachLucia Foster13. Where Innovation Happens, and Where It Does NotBenjamin F. Jones  ContributorsAuthor IndexSubject Index

Michael J. Andrews is assistant professor of economics at the University of Maryland, Baltimore County. Aaron K. Chatterji is the Mark Burgess and Lisa Benson-Burgess Distinguished Professor at Duke University’s Fuqua School of Business, professor at the Sanford School of Public Policy, and a research associate of the National Bureau of Economic Research. Josh Lerner is chair of the Entrepreneurial Management Unit and the Jacob H. Schiff Professor of Investment Banking at Harvard Business School. He is a research associate and codirector of the Productivity, Innovation, and Entrepreneurship Program at the National Bureau of Economic Research. Scott Stern is the David Sarnoff Professor of Management and chair of the Technological Innovation, Entrepreneurship, and Strategic Management Group at MIT Sloan School of Management. He is a research associate and director of the Innovation Policy Working Group at the National Bureau of Economic Research.

"In a period when productivity growth and dynamism have slowed across the advanced economies and policy-makers and academics are left searching for answers, The Role of Innovation and Entrepreneurship in Economic Growth offersin-depth, accessible and policy-relevant lessons to a wide audience. Whether you are interested in policy, innovation and growth research, are a business trying to understand the trends in your market, or just someone starting to think aboutthe above-mentioned topics, then this book will offer an intriguing read."

• AcknowledgmentsIntroduction: Beyond 140 CharactersMichael J. Andrews, Aaron K. Chatterji, and Scott Stern  I. Productivity Drivers1. The “Weighty” Manufacturing Sector: Transforming Raw Materials into Physical GoodsErica R. H. Fuchs, Christophe Combemale, Kate S. Whitefoot, and Britta Glennon2. Concentration and Agglomeration of IT Innovation and Entrepreneurship: Evidence from PatentingChris Forman and Avi Goldfarb3. Innovation, Growth, and Structural Change in American AgricultureJulian M. Alston and Philip G. PardeyComment: Brian Davern Wright4. Innovation and Entrepreneurship in the Energy SectorDavid Popp, Jacquelyn Pless, Ivan Haščič, and Nick Johnstone  II. The On-Demand Economy5. What’s Driving Entrepreneurship and Innovation in the Transportation Sector?Derrick Choe, Alexander Oettl, and Rob SeamansComment: Gilles Duranton6. The Recent Evolution of Physical Retail Markets: Online Retailing, Big Box Stores, and the Rise of RestaurantsFrancine Lafontaine and Jagadeesh SivadasanComment: Emek Basker7. The Servicification of the US Economy: The Role of Startups versus Incumbent FirmsMercedes Delgado, J. Daniel Kim, and Karen G. MillsComment: Sharat Ganapati8. Digitization and Its Consequences for Creative-Industry Product and Labor MarketsJoel WaldfogelComment: Gustavo Manso  III. The Cost Disease Sectors9. Innovation in the US GovernmentJoshua R. Bruce and John M. de FigueiredoComment: Manuel Trajtenberg10. Venture Capital–Led Entrepreneurship in Health CareAmitabh Chandra, Cirrus Foroughi, and Lauren Mostrom11. Innovation and Entrepreneurship in HousingEdward KungComment: Jessie Handbury12. Education and InnovationBarbara Biasi, David Deming, and Petra MoserComment: Eleanor Wiske DillonPanel Remarks: Creating “Smart” Policy to Promote Entrepreneurship and InnovationKaren G. Mills and Annie V. DangPanel Remarks: Measuring Business Innovation Using a Multidimensional ApproachLucia Foster13. Where Innovation Happens, and Where It Does NotBenjamin F. Jones  ContributorsAuthor IndexSubject Index

Michael J. Andrews is assistant professor of economics at the University of Maryland, Baltimore County. Aaron K. Chatterji is the Mark Burgess and Lisa Benson-Burgess Distinguished Professor at Duke University’s Fuqua School of Business, professor at the Sanford School of Public Policy, and a research associate of the National Bureau of Economic Research. Josh Lerner is chair of the Entrepreneurial Management Unit and the Jacob H. Schiff Professor of Investment Banking at Harvard Business School. He is a research associate and codirector of the Productivity, Innovation, and Entrepreneurship Program at the National Bureau of Economic Research. Scott Stern is the David Sarnoff Professor of Management and chair of the Technological Innovation, Entrepreneurship, and Strategic Management Group at MIT Sloan School of Management. He is a research associate and director of the Innovation Policy Working Group at the National Bureau of Economic Research.

"In a period when productivity growth and dynamism have slowed across the advanced economies and policy-makers and academics are left searching for answers, The Role of Innovation and Entrepreneurship in Economic Growth offersin-depth, accessible and policy-relevant lessons to a wide audience. Whether you are interested in policy, innovation and growth research, are a business trying to understand the trends in your market, or just someone starting to think aboutthe above-mentioned topics, then this book will offer an intriguing read."

• AcknowledgmentsIntroduction: Beyond 140 CharactersMichael J. Andrews, Aaron K. Chatterji, and Scott Stern  I. Productivity Drivers1. The “Weighty” Manufacturing Sector: Transforming Raw Materials into Physical GoodsErica R. H. Fuchs, Christophe Combemale, Kate S. Whitefoot, and Britta Glennon2. Concentration and Agglomeration of IT Innovation and Entrepreneurship: Evidence from PatentingChris Forman and Avi Goldfarb3. Innovation, Growth, and Structural Change in American AgricultureJulian M. Alston and Philip G. PardeyComment: Brian Davern Wright4. Innovation and Entrepreneurship in the Energy SectorDavid Popp, Jacquelyn Pless, Ivan Haščič, and Nick Johnstone  II. The On-Demand Economy5. What’s Driving Entrepreneurship and Innovation in the Transportation Sector?Derrick Choe, Alexander Oettl, and Rob SeamansComment: Gilles Duranton6. The Recent Evolution of Physical Retail Markets: Online Retailing, Big Box Stores, and the Rise of RestaurantsFrancine Lafontaine and Jagadeesh SivadasanComment: Emek Basker7. The Servicification of the US Economy: The Role of Startups versus Incumbent FirmsMercedes Delgado, J. Daniel Kim, and Karen G. MillsComment: Sharat Ganapati8. Digitization and Its Consequences for Creative-Industry Product and Labor MarketsJoel WaldfogelComment: Gustavo Manso  III. The Cost Disease Sectors9. Innovation in the US GovernmentJoshua R. Bruce and John M. de FigueiredoComment: Manuel Trajtenberg10. Venture Capital–Led Entrepreneurship in Health CareAmitabh Chandra, Cirrus Foroughi, and Lauren Mostrom11. Innovation and Entrepreneurship in HousingEdward KungComment: Jessie Handbury12. Education and InnovationBarbara Biasi, David Deming, and Petra MoserComment: Eleanor Wiske DillonPanel Remarks: Creating “Smart” Policy to Promote Entrepreneurship and InnovationKaren G. Mills and Annie V. DangPanel Remarks: Measuring Business Innovation Using a Multidimensional ApproachLucia Foster13. Where Innovation Happens, and Where It Does NotBenjamin F. Jones  ContributorsAuthor IndexSubject Index