This volume provides a lens to analyze public policy decisions involving entrepreneurship.

1. Introduction to entrepreneurship, growth and public policy Zoltan J. Acs, David B. Audretsch and Robert Strom; Part I. The Role of Entrepreneurship in Innovation: 2. Capitalism: growth miracle maker, growth saboteur William J. Baumol, Robert Litan and Carl Schramm; 3. Toward a model of innovation and performance along the lines of Knight, Keynes, Hayek and M. Polany Edmund S. Phelps; 4. Advance of total factor productivity from entrepreneurial innovations Paul A. Samuelson; 5. Silicon Valley - a chip off the old Detroit bloc Steven Klepper; Part II. Linking Entrepreneurship to Growth: 6. Entrepreneurship and job growth John Haltiwanger; 7. Entrepreneurship at American universities Nathan Rosenberg; 8. The knowledge filter and economic growth: the role of scientist entrepreneurship David B. Audretsch, Taylor Aldridge and Alexander Oettl; 9. Why entrepreneurship matters for growth Max Keilbach; Part III. Policy: 10. On entrepreneurship, economic growth and policy Roy Thurik; 11. The Bayh-Dole Act and high-technology entrepreneurship in the United States during the 1980s and 1990s David C. Mowery; 12. Academic entrepreneurship in Europe: a different perspective Mirjam van Praag; 13. Creating an entrepreneurial economy: the role of public policy Heike Grimm; 14. Entrepreneurial capitalism in capitalist development: toward a synthesis of capitalist development and the economy as a whole Zoltan J. Acs.