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A key resource for industrial and regional economists and those working in business schools, this book provides an analysis of the reasons and determinants of firm creation. Multi-disciplinary in approach it focuses on regional, industrial and individual determinants.
This book focuses on three main areas, each of which is central to economic theorising: firms’ organisation and behaviour, technological change and the process of globalisation. What this collection provides is a broad view of the three topics by concentrating on different aspects of each of them, and utilising different methods of investigation.
Ô. . . the book is an important reading in the field of entrepreneurship. One of its main contributions is that it clearly shows that the process of new firm formation is a regional event. The chapters are rich in theoretical insights and data, and are valuable readings for students, academics, and policy-makers interested in entrepreneurship and regional growth.Õ Ð Christine Tam‡sy, Regional Studies ÔEntrepreneurship can have powerful effects on local as well as national economies. The chapters in this edited volume, authored by well-known experts in their fields, explore various aspects of entrepreneurship and regional development. The book provides an illuminating overview of the current state of knowledge while also sharing with the reader several new findings and insights on issues as diverse as globalization, regional employment growth, nascent entrepreneurs, gazelles, labor productivity, government regulations, and university entrepreneurship. It is recommended reading for anyone interested in these topics.Õ Ð Simon C. Parker, The University of Western Ontario, Canada ÔThere is substantial evidence regarding the considerable regional variation in business creation. Michael Fritsch has done a fine job of assembling the most recent analyses of the best scholars on the regional factors affecting firm creation and the consequences. It is essential reading for any scholar or policy analyst seeking a state-of-the-art overview of the current empirical status of research on this important topic.Õ Ð Paul D. Reynolds, George Washington University, US ÔThis Handbook examines the contribution of the entrepreneur and related processes to regional economic development. The recognition that the indirect entrepreneurial effects on development are more significant than the direct is an important and under-girding conclusion. And further, that entrepreneurial driven effects are often not felt immediately but in some cases only across decades, as illustrated by the over-two-decade incubation of the entrepreneurial culture in Silicon Valley which only later resulted in it becoming the dominant icon of scientific and technology regional development that it is today.Õ Ð Roger Stough, George Mason University, US ÔThis volume fills an important gap in the research literature on entrepreneurship. Entrepreneurship is a localized phenomenon and all too many studies disregard this fact. Thus, the regional economic milieu is a critical factor determining not only the volume and type of entrepreneurship but also the effects of entrepreneurship in terms of value-added growth, employment growth, etc. The contributions in this book by a number of leading scientists in the field provide an excellent overview and understanding of the prerequisites for and the role of entrepreneurship in regional growth and development.Õ Ð Charlie Karlsson, Jšnkšping University, Sweden Recent research has found pronounced differences in the level of entrepreneurship and new business formation across various regions and nations. This timely Handbook reveals that the development of new ventures as well as their effects on overall economic growth are strongly shaped by their regional and national environment. The expert group of contributors gives an overview on the current state of the art in this field, and proposes avenues for further investigation. Topics include the regional determinants of new business formation, the effects of start-ups on growth, the role of globalization for regional entrepreneurship, the effect of national and regional framework conditions, as well as the role of universities as incubators of innovative new firms.
This book offers a theoretically novel way of approaching the knowledge economy, combining analysis of the works of Schumpeter and Kuznets and suggesting fresh conclusions. Francesco Quataro is an up and coming young scholar whose research with Cristiano Antonelli has been widely published in journals.
Behind the mystery of economic growth stands another mystery: why do some places fare better than others? This book aims to discuss the main economic reasons for the existence of peaks and troughs in the spatial distribution of wealth and people, with a special emphasis on the role of large cities and regional agglomerations in the process of economic development.
Psychological characteristics are significant for various stages of the entrepreneurial process on both individual and group levels. Looking into the ‘psychological context’ in entrepreneurship, Martin Obschonka reviews and defines the field, exploring the role of regional and country-level entrepreneurial personality and new trends in the geography of entrepreneurial psychology influenced by technological advances.
Regions and cities are the natural loci where knowledge is created, and where it can be easily turned into a commercial product. This book explains the logic behind the interactions and cooperative attitudes in regions and cities, with a particular focus on the importance of academic institutions in fostering development.
Pt. 1. The ingredients -- pt. 2. The governance of localised technological knowledge -- pt. 3. The introduction of localised technological change.
There is wide consensus on the importance of knowledge for economic growth and local development patterns. This book proposes a view of knowledge as a collective, systemic and evolutionary process that enables agents and social systems to overcome the challenges of the limits to growth. It brings together new conceptual and empirical contributions, analysing the relationship between demand and supply factors and the rate and direction of technological change. It also examines the different elements that compose innovation systems. The Economics of Knowledge, Innovation and Systemic Technology Policy provides the background for the development of an integrated framework for the analysis of systemic policy instruments and their mutual interaction the socio-political and economic conditions of the surrounding environment. These aspects have long been neglected in innovation policy, as policymakers, academics and the business community, have mostly emphasized the benefits of supply side strategies. However, a better understanding of innovation policies grafted on a complexity-based approach calls for the appreciation of the mutual interactions between both supply and demand aspects, and it is likely to improve the actual design of policy measures. This book will help readers to understand the foundations and working of demand-driven innovation policies by stressing the importance of compent and smart demand.
Understanding the economic implication of creative individuals and firms is at the heart of the new economy and of related fields such as the economics of knowledge, the economics of science and innovation management. This book brings together a panel of theoretical and empirical contributions which address the generation of creative ideas and their transformation into products and services by firms or universities, as well as the interplay of those organizations in networks and markets. The word 'creativity' has been used a great deal recently in relation to efforts to recover from the global financial crisis and re-launch economic activity. Little has been added to explain how and why an economic approach of creativity is useful and necessary. It is useful to understand how the most creative people work and think, and how to foster their creative productivity. It is useful to understand how organizations integrate and exploit creative ideas. It is useful to understand how market mechanisms can handle creativity and how policies must be adapted. It is necessary in the light of the recent economic crises that made innovation, invention and creativity the basis of a new industrialization and fuel for a new economic development. This new book assesses the economic impact of creativity, defining the term and then going on to explore theoretically and practically the economic consequences of creativity through a range of themes including: creativity and evolutionary theories of technological change; creativity and organizational learning; creativity and technological policy; and creativity and economics of networks. This volume offers a rich source of inspiration and ideas for the pursuit of research which merges economic tradition and management perspectives.