Philip Cooke and Kevin Morgan
- Published in print:
- 1998
- Published Online:
- October 2011
- ISBN:
- 9780198290186
- eISBN:
- 9780191684784
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198290186.001.0001
- Subject:
- Business and Management, Innovation, Political Economy
This book explores important issues of corporate reorganization in the context of heightened global competition. Its special focus is upon how firms associate with regional milieux. Innovation is a ...
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This book explores important issues of corporate reorganization in the context of heightened global competition. Its special focus is upon how firms associate with regional milieux. Innovation is a key factor in corporate and regional economic performance and the book shows how interactive innovation based on collective learning and associative practices are becoming increasingly significant. In-depth studies of inter-firm and firm-agency interactions are presented for four European regions: Baden-Württemberg and Emilia-Romagna as accomplished regional economies; Wales and the Basque Country as learning regions. The book is theoretically informed by an evolutionary economics perspective and draws policy conclusions which emphasize the importance of decentralized industrial policy in support of both corporate and regional economic development ambitions. It concludes that the associational economy may be the ‘third way’ between state and market co-ordination of modern economies.Less
This book explores important issues of corporate reorganization in the context of heightened global competition. Its special focus is upon how firms associate with regional milieux. Innovation is a key factor in corporate and regional economic performance and the book shows how interactive innovation based on collective learning and associative practices are becoming increasingly significant. In-depth studies of inter-firm and firm-agency interactions are presented for four European regions: Baden-Württemberg and Emilia-Romagna as accomplished regional economies; Wales and the Basque Country as learning regions. The book is theoretically informed by an evolutionary economics perspective and draws policy conclusions which emphasize the importance of decentralized industrial policy in support of both corporate and regional economic development ambitions. It concludes that the associational economy may be the ‘third way’ between state and market co-ordination of modern economies.
Robert Kneller
- Published in print:
- 2007
- Published Online:
- October 2011
- ISBN:
- 9780199268801
- eISBN:
- 9780191699283
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199268801.001.0001
- Subject:
- Business and Management, International Business, Innovation
The innovative strength of the world's two largest economies, the United States and Japan, are based on two different forms of industrial and social organization. For the United States, venture ...
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The innovative strength of the world's two largest economies, the United States and Japan, are based on two different forms of industrial and social organization. For the United States, venture companies play a key role in technical and economic progress, while in Japan they have only a minor role. This book argues that without vibrant new high technology companies, Japanese industry will decline inexorably. At the same time, if the favourable yet delicate environment in America is undermined, America will face collapse of its innovative and economic strength. Japan has done much to improve its environment for high technology ventures. It has some promising new high technology companies and gradually increasing numbers of entrepreneurial scientists and managers. But they continue to swim against the current. One reason is that large, established companies dominate high technology fields and pursue an autarkic innovation strategy-relying on research in-house or in affiliated companies. Another reason is that these same large companies still have preferential access to university discoveries, largely because of government policies. Thus, high technology ventures are deprived of niches in which to grow, skilled personnel, and their natural customer base. In the field of university-industry relations, steps can still be taken to improve the environment for high technology ventures-steps that would also increase the quality of university science. The American–Japanese innovation dichotomy represents a broader dichotomy between so-called liberal and coordinated market economies. The lessons from these two countries' experiences are applicable to many industrialized countries, and to developing countries shaping their innovation systems.Less
The innovative strength of the world's two largest economies, the United States and Japan, are based on two different forms of industrial and social organization. For the United States, venture companies play a key role in technical and economic progress, while in Japan they have only a minor role. This book argues that without vibrant new high technology companies, Japanese industry will decline inexorably. At the same time, if the favourable yet delicate environment in America is undermined, America will face collapse of its innovative and economic strength. Japan has done much to improve its environment for high technology ventures. It has some promising new high technology companies and gradually increasing numbers of entrepreneurial scientists and managers. But they continue to swim against the current. One reason is that large, established companies dominate high technology fields and pursue an autarkic innovation strategy-relying on research in-house or in affiliated companies. Another reason is that these same large companies still have preferential access to university discoveries, largely because of government policies. Thus, high technology ventures are deprived of niches in which to grow, skilled personnel, and their natural customer base. In the field of university-industry relations, steps can still be taken to improve the environment for high technology ventures-steps that would also increase the quality of university science. The American–Japanese innovation dichotomy represents a broader dichotomy between so-called liberal and coordinated market economies. The lessons from these two countries' experiences are applicable to many industrialized countries, and to developing countries shaping their innovation systems.
Nicolai J Foss and Tina Saebi (eds)
- Published in print:
- 2015
- Published Online:
- April 2015
- ISBN:
- 9780198701873
- eISBN:
- 9780191771606
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198701873.001.0001
- Subject:
- Business and Management, Innovation, Strategy
Business model innovation is an important source of competitive advantage and corporate renewal. An increasing number of companies have to innovate their business models, not just because of ...
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Business model innovation is an important source of competitive advantage and corporate renewal. An increasing number of companies have to innovate their business models, not just because of competitive forces but also because of the ongoing change from product-based to service-based business models. Yet, business model innovation is also a massive organizational change process that challenges existing processes, structures and modes of control. The specific angle, and the novel feature of this book, is to thoroughly examine the organizational dimension of business model innovation. Drawing on organizational theory and empirical observation, the contributors specifically highlight organizational design aspects of business model innovation, focusing on how reward systems, power distributions, routines and standard operating procedures, the allocation of authority, and other aspects of organizational structure and control should be designed to support the business model the firm chooses. Also discussed are how existing organizational structures, capabilities, beliefs, cultures and so on influence the firm’s ability to flexibly change to new business models.Less
Business model innovation is an important source of competitive advantage and corporate renewal. An increasing number of companies have to innovate their business models, not just because of competitive forces but also because of the ongoing change from product-based to service-based business models. Yet, business model innovation is also a massive organizational change process that challenges existing processes, structures and modes of control. The specific angle, and the novel feature of this book, is to thoroughly examine the organizational dimension of business model innovation. Drawing on organizational theory and empirical observation, the contributors specifically highlight organizational design aspects of business model innovation, focusing on how reward systems, power distributions, routines and standard operating procedures, the allocation of authority, and other aspects of organizational structure and control should be designed to support the business model the firm chooses. Also discussed are how existing organizational structures, capabilities, beliefs, cultures and so on influence the firm’s ability to flexibly change to new business models.
John Zysman and Mark Huberty
- Published in print:
- 2013
- Published Online:
- May 2014
- ISBN:
- 9780804785259
- eISBN:
- 9780804788571
- Item type:
- book
- Publisher:
- Stanford University Press
- DOI:
- 10.11126/stanford/9780804785259.001.0001
- Subject:
- Business and Management, Innovation
Green growth promises to transform climate change mitigation from a problem to an economic sure thing. By making investment in energy efficiency and low-emissions energy the foundation of a new ...
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Green growth promises to transform climate change mitigation from a problem to an economic sure thing. By making investment in energy efficiency and low-emissions energy the foundation of a new industrial revolution, green growth promises to relieve the intractable conflict between high-carbon losers and low-carbon winners. This book addresses the challenges and opportunities for green growth. Advocates for green growth have yet to show how investments in emissions reduction translate into improvements in economic productivity. As the first half of this book illustrates, most green growth successes so far face limits to their ability to generate sustained economic improvement. We propose that real green growth must focus on how a low-carbon energy systems transformation will create growth in the broader economy. Previous transformations, in coal, oil, or electricity, drove growth primarily via the new kinds of production they made possible in the economy writ large. Whether low-carbon energy may do the same remains unclear. The second half addresses how we might discover these transformative gains. We introduce the idea of a “green spiral”, in which early policy action creates supportive constituencies with an economic stake in further progress towards a low-emissions energy system. Country case studies illustrate the potential for this feedback loop to operate in different national contexts. With this action occurring despite little progress on a global climate deal, we conclude that an international climate change treaty may be the product, not the start, of effective national action on emissions reduction.Less
Green growth promises to transform climate change mitigation from a problem to an economic sure thing. By making investment in energy efficiency and low-emissions energy the foundation of a new industrial revolution, green growth promises to relieve the intractable conflict between high-carbon losers and low-carbon winners. This book addresses the challenges and opportunities for green growth. Advocates for green growth have yet to show how investments in emissions reduction translate into improvements in economic productivity. As the first half of this book illustrates, most green growth successes so far face limits to their ability to generate sustained economic improvement. We propose that real green growth must focus on how a low-carbon energy systems transformation will create growth in the broader economy. Previous transformations, in coal, oil, or electricity, drove growth primarily via the new kinds of production they made possible in the economy writ large. Whether low-carbon energy may do the same remains unclear. The second half addresses how we might discover these transformative gains. We introduce the idea of a “green spiral”, in which early policy action creates supportive constituencies with an economic stake in further progress towards a low-emissions energy system. Country case studies illustrate the potential for this feedback loop to operate in different national contexts. With this action occurring despite little progress on a global climate deal, we conclude that an international climate change treaty may be the product, not the start, of effective national action on emissions reduction.
Yu Zhou, William Lazonick, and Yifei Sun (eds)
- Published in print:
- 2016
- Published Online:
- March 2016
- ISBN:
- 9780198753568
- eISBN:
- 9780191815096
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198753568.001.0001
- Subject:
- Business and Management, Innovation, International Business
Advances in technology are critical for the transformation of a nation from a relatively low-wage to a relatively high-wage economy. Leading national economies are invariably global leaders in ...
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Advances in technology are critical for the transformation of a nation from a relatively low-wage to a relatively high-wage economy. Leading national economies are invariably global leaders in technology. In the last three decades, China has changed from one of the most impoverished countries on the planet to becoming the world largest economy with hundreds of millions of people being pulled out of poverty. Yet the question of China’s progress toward global technological leadership remains an open and hotly debated subject. Each chapter of this book focuses one high-tech industry exploring questions concerning technological trajectories and innovative capacities, historical evolution of the structures of industrial organization, international technology transfer, the role of the state, product-market conditions, the dynamic interaction of supply and demand, global competition, national policies, and regional industrial eco-systems. Taken together, these chapters provide the most complete picture to date of China’s technological development, with insights into the dynamics of innovative enterprise, and the roles of the state and globalization in supporting the development process.Less
Advances in technology are critical for the transformation of a nation from a relatively low-wage to a relatively high-wage economy. Leading national economies are invariably global leaders in technology. In the last three decades, China has changed from one of the most impoverished countries on the planet to becoming the world largest economy with hundreds of millions of people being pulled out of poverty. Yet the question of China’s progress toward global technological leadership remains an open and hotly debated subject. Each chapter of this book focuses one high-tech industry exploring questions concerning technological trajectories and innovative capacities, historical evolution of the structures of industrial organization, international technology transfer, the role of the state, product-market conditions, the dynamic interaction of supply and demand, global competition, national policies, and regional industrial eco-systems. Taken together, these chapters provide the most complete picture to date of China’s technological development, with insights into the dynamics of innovative enterprise, and the roles of the state and globalization in supporting the development process.
Qiwen Lu
- Published in print:
- 2000
- Published Online:
- October 2011
- ISBN:
- 9780198295372
- eISBN:
- 9780191685101
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198295372.001.0001
- Subject:
- Business and Management, International Business, Innovation
This book provides the first in-depth analysis of how four innovative Chinese electronics enterprises — the Stone Group, the Legend Computer Group, the Founder Group, and the China Great Wall ...
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This book provides the first in-depth analysis of how four innovative Chinese electronics enterprises — the Stone Group, the Legend Computer Group, the Founder Group, and the China Great Wall Computer Group — transformed the Chinese computer industry over the past decade. It explains how indigenous Chinese business enterprises that developed during the era of economic reform gained the high-technology capabilities and modern marketing know-how to compete domestically and internationally with powerful foreign multinationals. Through case studies based on first-hand access to company records and personnel, this book reveals how, building on technological capabilities accumulated during the central planning era, the institutional transformations of the economic reform era unleashed a unique pattern of organizational learning and innovative enterprise. This book also draws out the implications of the developmental experience of the Chinese computer electronics sector for understanding the institutional and organisational foundations for a successful transition from a centrally planned economy toward a market-oriented one.Less
This book provides the first in-depth analysis of how four innovative Chinese electronics enterprises — the Stone Group, the Legend Computer Group, the Founder Group, and the China Great Wall Computer Group — transformed the Chinese computer industry over the past decade. It explains how indigenous Chinese business enterprises that developed during the era of economic reform gained the high-technology capabilities and modern marketing know-how to compete domestically and internationally with powerful foreign multinationals. Through case studies based on first-hand access to company records and personnel, this book reveals how, building on technological capabilities accumulated during the central planning era, the institutional transformations of the economic reform era unleashed a unique pattern of organizational learning and innovative enterprise. This book also draws out the implications of the developmental experience of the Chinese computer electronics sector for understanding the institutional and organisational foundations for a successful transition from a centrally planned economy toward a market-oriented one.
Pontus Braunerhjelm and Maryann P. Feldman (eds)
- Published in print:
- 2006
- Published Online:
- September 2007
- ISBN:
- 9780199207183
- eISBN:
- 9780191708886
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199207183.001.0001
- Subject:
- Business and Management, Innovation
This book examines the origins and emergence of technology-based industrial clusters — regional concentrations of related firms and organizations — in order to understand the forces that promoted ...
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This book examines the origins and emergence of technology-based industrial clusters — regional concentrations of related firms and organizations — in order to understand the forces that promoted economic development. Many places attempt to emulate the world's most famous industrial cluster Silicon Valley, with its rich institutional landscape of engaged and leveraged research universities, high-flying local venture capitalists, world class supporting business and legal consultants, and rich collaborative networks. While mature clusters may look similar, what really matters is the process by which clusters come into existence. But there is little understanding of such processes, and little guidance provided on the role of policies in promoting cluster emergence. The book attempts to bridge this gap in the literature by focusing on the early origins of high-technology cluster in Europe, the United States, and China, and the ensuing policy implications. The book is organized around three main themes: Creation Myths Revisited, Considering the Development Cluster Context, and Crafting Cluster and Economic Development Policy. The empirical analyses suggest that clusters that grow rapidly as compared to the less successful ones are distinguished by vigorous entrepreneurial activity and the active building of institutions aided by the forces of agglomeration economies.Less
This book examines the origins and emergence of technology-based industrial clusters — regional concentrations of related firms and organizations — in order to understand the forces that promoted economic development. Many places attempt to emulate the world's most famous industrial cluster Silicon Valley, with its rich institutional landscape of engaged and leveraged research universities, high-flying local venture capitalists, world class supporting business and legal consultants, and rich collaborative networks. While mature clusters may look similar, what really matters is the process by which clusters come into existence. But there is little understanding of such processes, and little guidance provided on the role of policies in promoting cluster emergence. The book attempts to bridge this gap in the literature by focusing on the early origins of high-technology cluster in Europe, the United States, and China, and the ensuing policy implications. The book is organized around three main themes: Creation Myths Revisited, Considering the Development Cluster Context, and Crafting Cluster and Economic Development Policy. The empirical analyses suggest that clusters that grow rapidly as compared to the less successful ones are distinguished by vigorous entrepreneurial activity and the active building of institutions aided by the forces of agglomeration economies.
Philip Auerswald
- Published in print:
- 2012
- Published Online:
- April 2015
- ISBN:
- 9780199795178
- eISBN:
- 9780190258481
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:osobl/9780199795178.001.0001
- Subject:
- Business and Management, Innovation
Ours is the most dynamic era in human history. The benefits of four centuries of technological and organizational change are at last reaching a previously excluded global majority. This ...
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Ours is the most dynamic era in human history. The benefits of four centuries of technological and organizational change are at last reaching a previously excluded global majority. This transformation will create large-scale opportunities in richer countries like the United States just as it has in poorer countries now in the ascent. This book argues that it is time to overcome the outdated narratives of fear that dominate public discourse and to grasp the powerful momentum of progress. Acknowledging the gravity of today's greatest global challenges—like climate change, water scarcity, and rapid urbanization—the book emphasizes that the choices we make today will determine the extent and reach of the coming prosperity. To make the most of this epochal transition, it states, the key is entrepreneurship. Entrepreneurs introduce new products and services, expand the range of global knowledge networks, and, most importantly, challenge established business interests, maintaining the vitality of mature capitalist economies and enhancing the viability of emerging ones. The book frames narratives of inspiring entrepreneurs within the sweep of human history. The book's deft analysis of economic trends is enlivened by stories of entrepreneurs making an outsize difference in their communities and the world—people like Karim Khoja, who led the creation of the first mobile phone company in Afghanistan; Leila Janah, who is bringing digital-age opportunity to talented people trapped in refugee camps; and Victoria Hale, whose non-profit pharmaceutical company turned an orphan drug into a cure for black fever.Less
Ours is the most dynamic era in human history. The benefits of four centuries of technological and organizational change are at last reaching a previously excluded global majority. This transformation will create large-scale opportunities in richer countries like the United States just as it has in poorer countries now in the ascent. This book argues that it is time to overcome the outdated narratives of fear that dominate public discourse and to grasp the powerful momentum of progress. Acknowledging the gravity of today's greatest global challenges—like climate change, water scarcity, and rapid urbanization—the book emphasizes that the choices we make today will determine the extent and reach of the coming prosperity. To make the most of this epochal transition, it states, the key is entrepreneurship. Entrepreneurs introduce new products and services, expand the range of global knowledge networks, and, most importantly, challenge established business interests, maintaining the vitality of mature capitalist economies and enhancing the viability of emerging ones. The book frames narratives of inspiring entrepreneurs within the sweep of human history. The book's deft analysis of economic trends is enlivened by stories of entrepreneurs making an outsize difference in their communities and the world—people like Karim Khoja, who led the creation of the first mobile phone company in Afghanistan; Leila Janah, who is bringing digital-age opportunity to talented people trapped in refugee camps; and Victoria Hale, whose non-profit pharmaceutical company turned an orphan drug into a cure for black fever.
Joshua Gans
- Published in print:
- 2016
- Published Online:
- September 2016
- ISBN:
- 9780262034487
- eISBN:
- 9780262333832
- Item type:
- book
- Publisher:
- The MIT Press
- DOI:
- 10.7551/mitpress/9780262034487.001.0001
- Subject:
- Business and Management, Innovation
When successful and well-managed firms fail, we call this disruption. In the almost two decades since Clay Christensen’s famous treatise mapping this phenomenon, such failure has continued, with ...
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When successful and well-managed firms fail, we call this disruption. In the almost two decades since Clay Christensen’s famous treatise mapping this phenomenon, such failure has continued, with companies such as Encyclopedia Britannica, Blockbuster, Nokia, and RIM all falling hard from positions of seemingly unassailable dominance. In each case, they either did not or could not respond to disruptive events that allowed new entrants to capture their markets. At the same time, however, other major firms have had sustained success, shielded from what could have been dominance-ending disruptive events. This book takes the experience of both the fallen and the resilient and identifies Disruption’s Shield, the principles and actions that can ensure great firms’ continued success. The headline theory of disruption is now known to all, but that has not alleviated the risks faced by major firms nor the litany of failures. This is because a good defense has to guard against all disruptive events. Up until now, only one set of disruptive forces – those coming from the demand-side – have been fully understood and driven into manager’s mindsets. But this single-minded focus has led many firms to neglect equally important supply-side forces. This type of disruption can occur when firms, focussing on developing new products based on current technologies quickly, find themselves inflexible and unresponsive when their greatest competitive threats come not from seemingly niche entrants but from technologies that re-write organizational rulebooks. Only by understanding both types of disruptive risk can business leaders understand, evaluate and deploy the full range of options to avoid disruption and continue to thrive. The Disruption Dilemma is the first book that puts all of these elements together. It identifies the system of choices that have allowed great firms to balance competitiveness and resilience.Less
When successful and well-managed firms fail, we call this disruption. In the almost two decades since Clay Christensen’s famous treatise mapping this phenomenon, such failure has continued, with companies such as Encyclopedia Britannica, Blockbuster, Nokia, and RIM all falling hard from positions of seemingly unassailable dominance. In each case, they either did not or could not respond to disruptive events that allowed new entrants to capture their markets. At the same time, however, other major firms have had sustained success, shielded from what could have been dominance-ending disruptive events. This book takes the experience of both the fallen and the resilient and identifies Disruption’s Shield, the principles and actions that can ensure great firms’ continued success. The headline theory of disruption is now known to all, but that has not alleviated the risks faced by major firms nor the litany of failures. This is because a good defense has to guard against all disruptive events. Up until now, only one set of disruptive forces – those coming from the demand-side – have been fully understood and driven into manager’s mindsets. But this single-minded focus has led many firms to neglect equally important supply-side forces. This type of disruption can occur when firms, focussing on developing new products based on current technologies quickly, find themselves inflexible and unresponsive when their greatest competitive threats come not from seemingly niche entrants but from technologies that re-write organizational rulebooks. Only by understanding both types of disruptive risk can business leaders understand, evaluate and deploy the full range of options to avoid disruption and continue to thrive. The Disruption Dilemma is the first book that puts all of these elements together. It identifies the system of choices that have allowed great firms to balance competitiveness and resilience.
Maria Minniti (ed.)
- Published in print:
- 2011
- Published Online:
- September 2011
- ISBN:
- 9780199580866
- eISBN:
- 9780191728716
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199580866.001.0001
- Subject:
- Business and Management, Innovation
Why are some individuals more entrepreneurial than others? What types of institutional environments are more conducive to entrepreneurship? Does entrepreneurship contribute to the growth of a ...
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Why are some individuals more entrepreneurial than others? What types of institutional environments are more conducive to entrepreneurship? Does entrepreneurship contribute to the growth of a country? Answering these questions is particularly important at a time when governments all over the world are looking to entrepreneurship as a way to increase employment and the competitiveness of their countries. The chapters in this volume cover topics such as entrepreneurial motivation, gender and migration, entrepreneurial financing, urban entrepreneurship, growth-oriented entrepreneurship, economic growth, and regional entrepreneurship policies. Each chapter is based on data from the Global Entrepreneurship Monitor. The GEM project collects detailed and comparable data on representative population samples in more than 60 countries. No other existing book provides such a coherent global view of entrepreneurship and its implications. Other studies use a hodge-podge of data from different sources to study entrepreneurship. The data used to support the different parts of a given argument are not always consistent with one another or easily compared. The scientific validity of such empirical findings is limited as the various pieces of evidence do not belong to the same puzzle. Therefore, the coherence of a universal approach is lost and important aspects of the entrepreneurial process may be overlooked or undervalued. This volume, on the other hand, tests all theoretical arguments against the same empirical data, all the pieces fit into the same puzzle and a coherent and unitary picture of entrepreneurial activity, from its causes and motivations to its macroeconomic impact and implications, emerges.Less
Why are some individuals more entrepreneurial than others? What types of institutional environments are more conducive to entrepreneurship? Does entrepreneurship contribute to the growth of a country? Answering these questions is particularly important at a time when governments all over the world are looking to entrepreneurship as a way to increase employment and the competitiveness of their countries. The chapters in this volume cover topics such as entrepreneurial motivation, gender and migration, entrepreneurial financing, urban entrepreneurship, growth-oriented entrepreneurship, economic growth, and regional entrepreneurship policies. Each chapter is based on data from the Global Entrepreneurship Monitor. The GEM project collects detailed and comparable data on representative population samples in more than 60 countries. No other existing book provides such a coherent global view of entrepreneurship and its implications. Other studies use a hodge-podge of data from different sources to study entrepreneurship. The data used to support the different parts of a given argument are not always consistent with one another or easily compared. The scientific validity of such empirical findings is limited as the various pieces of evidence do not belong to the same puzzle. Therefore, the coherence of a universal approach is lost and important aspects of the entrepreneurial process may be overlooked or undervalued. This volume, on the other hand, tests all theoretical arguments against the same empirical data, all the pieces fit into the same puzzle and a coherent and unitary picture of entrepreneurial activity, from its causes and motivations to its macroeconomic impact and implications, emerges.