David B. Audretsch

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David Bruce Audretsch (born November 15, 1954) is an American economist. He was the director of the Entrepreneurship, Growth and Public Policy Group at the Max Planck Institute of Economics Jena in Germany until August 31, 2009. He also holds the Ameritech Chair of Economic Development at the Indiana University School of Public and Environmental Affairs, and is director of the Institute for Development Strategies at Indiana University and a research fellow at the CEPR, London as well as an honorary professor at WHU-Otto Beisheim School of Management in Vallendar, Germany. He is co-founder and co-editor of Small Business Economics journal.

Audretsch got his B.A. at Drew University in 1976, his M.S. in Economics in 1979, and his doctorate in 1980 from the University of Wisconsin–Madison. He was at the Wissenschaftszentrum Berlin für Sozialforschung between 1984 and 1997. From 1989 until 1991 he served as Acting Director of the Institute.


According to a Columbia University study, Audretsch was the 99th most cited economist from 1990 to 2000,[1] ranked as the 21st most cited scholar in economics and business, 1996–2006 and has been recognized as being among the 60 most important economists of all time.[2] His research focused on the links between entrepreneurship, government policy, innovation, economic development and global competitiveness. His academic research has been published in more than hundred articles in the academic journals and in over thirty books.


Jointly with Zoltan Acs, Audretsch was given the 2001 International Award for Entrepreneurship and Small Business Research by the Swedish Foundation for Small Business Research.[3] Audretsch received an Achievements in Arts Award at a Drew University reunion in 2006.[4] In 2008 he was awarded an Honorary Doctorate Degree by the University of Augsburg.

Academic publications[edit]

For a complete list see Audretsch' homepage.

  • Audretsch, David B. (2000), Germany, Along with Europe, Is Embracing the New Economy, European Affairs, Vol. 1, No. 3
  • Audretsch, David B. (2008), Die Entrepreneurial Society im Zeitalter der Globalisierung, in: Weder di Mauro, Beatrice (2008), Chancen des Wachstums, Campus Verlag, Frankfurt / New York
  • Audretsch, David B.; Gilbert, Brett Anitra; McDougall, Patricia P. (2004), The Emergence of Entrepreneurship Policy, Small Business Economics 22
  • Audretsch, David B. und Lehmann, Erik E. (2005), „Does the Knowledge Spillover Theory of Entrepreneurship hold for regions?“, Research Policy 34
  • Audretsch, David; Grimm, Heike; Wessner, Charles W. (2005), Local Heroes in the Global Village, Springer
  • Audretsch, David B. und Lehmann, Erik E. (2006), „Do locational spillovers pay? Empirical evidence from German IPO data.“, Economics of Innovation and New Technology, 15: 1, 71-81
  • Audretsch, David B. und Keilbach, Max (2007), The localization of Entrepreneurship Capital – Evidence from Germany, Jena Economic Research Papers, Jena
  • Audretsch, David B. und Keilbach, Max (2007), „The localisation of entrepreneurship capital: Evidence from Germany“, Papers in Regional Science, Volume 86, Number 3, USA
  • Audretsch, David B.; Grilo, Isabel; Thurik, A. Roy (2007), Explaining entrepreneurship and the role of policy: a framework, in: David Audretsch, Isabel Grilo and A. Roy Thurik (eds.), Handbook of Research on Entrepreneurship Policy, Edward Elgar Publishing
  • Audretsch, David B. und Beckmann, Iris A.M. (2007), From Small Business to Entrepreneurship Policy, in: David Audretsch, Isabel Grilo and A. Roy Thurik (eds.), Handbook of Research on Entrepreneurship Policy, Edward Elgar Publishing
  • David B. Audretsch; Bönte, Werner; Mahagaonkar, Prashanth (2009), Financial Signaling by Innovative Nascent Entrepreneurs, Jena Economic Research Papers, Jena


  • The Entrepreneurial Society, Oxford U. Press, July 2, 2007.[5]
  • The New Economy and Economic Growth in Europe and the US (with Paul J.J. Welfens), Springer, 2002.[6]
  • Innovation and Industry Evolution, MIT Press, 1995.[7]
  • Innovation and Small Firms (with Zoltan J. Acs), MIT Press, 1990.[8]


  • "Entrepreneurship Policy and the Strategic Management of Places" in The Emergence of Entrepreneurship Policy Governance, Start-ups, and Growth in the U.S. Knowledge Economy, ed. David M. Hart, Cambridge U. Press, 2003[9]
  • "Innovation in Cities: Science-Based Diversity, Specialization and Localized Monopoly," with Maryann P. Feldman, European Economic Review, Vol. 43, 1999, 409-429.
  • "R&D Spillovers and the Geography of Innovation and Production," with Maryann P. Feldman, American Economic Review, Vol. 86, No. 3, June 1996, 630-640.
  • "Innovative Clusters and the Industry Life Cycle," with Maryann P. Feldman, Review of Industrial Organisation, Vol. 11, No. 2, April 1996, 253-273.
  • "R&D Spillovers and Recipient Firm Size," with Zoltan J. Acs and Maryann P. Feldman, Review of Economics and Statistics, Vol. 76, No. 2, May 1994, 336-340.
  • "New-Firm Survival and the Technological Regime," Review of Economics and Statistics, Vol. 73, No. 3, August 1991, 441-450.
  • "Small-Firm Entry in U.S. Manufacturing," with Zoltan J. Acs, Economica, Vol. 56, No. 2, May 1989, 255-266.
  • "Innovation, Market Share, and Firm Size," with Zoltan J. Acs, Review of Economics and Statistics, Vol. 69, No. 4, November 1987, 567-575.


External links[edit]