Entrepreneurship and Regional Development - Local Processes and Global Patterns (Hardcover)

`"Think Global, Act Local" has become the policy mantra for innovation, growth and competitiveness in the global economy. In this important and insightful book, Karlsson, Johansson and Stough assemble an all star team of international scholars to explicitly draw out the key role that entrepreneurship plays for local economic performance. The interdisciplinary approach contained in this book yields a pathbreaking set of insights for regional policy that will be of great value to both scholars and policy makers.' - David Audretsch, Indiana University, Bloomington, US and WHU, Germany `The world is experiencing the fourth globalization trend since the collapse of the Berlin Wall twenty years ago. This trend unlike previous ones is characterized by both broader global interconnection and deeper localization. In other words, the world is both flatter and spikier at the same time. The key to a successful development policy is to integrate these two seemingly counter intuitive trends. The solution to this is a more or less regional strategy with a very strong focus on entrepreneurship. While this approach is not new and is not the first, it is the best one that I have seen. The editors of this collection are some of the best informed, most careful and deep thinking scholars in the business and have produced a work worthy of their stature.' - Zoltan J. Acs, George Mason University, US Perhaps the most exceptional aspect of the current era of globalisation is that entrepreneurship has become the engine for local processes of economic, social and cultural development throughout the world. This important new book brings together a number of leading scholars in the field to explore the development aspects of globalisation, in particular those that foster the evolution of entrepreneurs in local-global processes. The expert contributions consider local processes such as entrepreneurship, new firm formation, creativity, media clustering, migration, and many more. They examine how the footprints of these processes reveal themselves in the contemporary global context, characterized by increasing economic interdependence as evidenced by the expanding trade in goods and services, and the growth in capital, knowledge and technology flows. The authors highlight the fact that global patterns of change are the result of innumerable local processes driven by economic, political and social entrepreneurs in localities, regions and nations around the world. With a variety of geographic perspectives, this book will appeal to researchers, students and policymakers in a range of fields including urban and regional economics, economic geography, international trade, and entrepreneurship and innovation policy.