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Innovation and entrepreneurship are the prime drivers in the global economy. This scholarly book identifies some of the key forces behind innovation and entrepreneurship at the same time as it closes the gap between science and technology R & D, innovation, entrepreneurship, productivity growth, and internationalization. The expert contributions explore the underlying forces and add substantial theoretical and empirical knowledge to the current state-of-the-art in several research fields including the economics of innovation and entrepreneurship, regional economics, economic geography and international economics.

This book contributes to the discussion about the relevance of knowledge-intensive entrepreneurship for industrial innovation in the context of traditional low-technology industries.

The Global Entrepreneurship and Development Index both captures the context features of entrepreneurship and fills a gap in the measurement of development. Building on recent advances in entrepreneurship and economic development, the authors have created an index that offers a measure of the quality of the business formation process in 118 of the most important countries in the world.

Second tier high-tech regions are taking a different path than their well-known counterparts such as Silicon Valley or Route 128 around Boston. They may lack many prerequisites of growth such as a world-class research university or high levels of venture capital funding. Often, however, they can successfully leverage anchor firms and entrepreneurial spinoffs. This book explores the evolution of these regions in the United States.

The Global Entrepreneurship and Development Index both captures the context features of entrepreneurship and fills a gap in the measurement of development. Building on recent advances in entrepreneurship and economic development, the authors have created an index that offers a measure of the quality of the business formation process in 79 of the most important countries in the world.

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.