Entrepreneurship, Growth, And Innovation

Entrepreneurship, Growth and Innovation provides comprehensive insight into the economics of entrepreneurship, claiming that this recently established discipline should establish a framework of analysis that integrates the understanding of the determinants and the effects of both entrepreneurship and innovation without neglecting the functioning of the inducement mechanisms. For this purpose, the book combines theoretical prescriptions and international empirical evidence. Contributions by some of the best known scholars in the field of the economics of entrepreneurship and innovation investigate whether the interrelationships between the forces that affect firm and industry dynamics and ultimately determine economic growth are subject to change across countries and over time. The analysis of different national cases puts forward that the relationship between entrepreneurship and growth via innovation is shaped by the context of country-specific institutions and industries, thereby providing hints for industrial and innovation policy.

This book combines theoretical perspectives and empirical evidence on open innovation and entrepreneurship as two essential ways to help entrepreneurial businesses grow and achieve a competitive advantage. Discussing essential issues at the nexus of entrepreneurship and open innovation, such as enterprise growth, creating competitive advantage, implementation of open innovation, and the overall corporate strategy, the respective contributions demonstrate how open innovation can provide a vital impetus to the growth of entrepreneurial businesses and pave a new way to achieving a competitive edge.

This book analyses prevailing approaches and policies in innovative entrepreneurship. It explores the ways in which entrepreneurs learn and develop innovation-based businesses to drive increased regional competitiveness. Specifically, the contributions propose that sustainable innovation ecosystems booster innovative entrepreneurship and thus create a competitive advantage for smart and sustainable growth. It also examines the current state of entrepreneurship education, where the development of entrepreneurial abilities is considered a process of value creation—both economic and social—with the final aim to create both new start-ups and entrepreneurial mind-sets.

by Ayansola Olatunji Ayandibu (Editor)
New small business owners are constantly pressured to play a major role in the economic growth of their respected nation