Springer Sustaining Entrepreneurship and Economic Growth: Lessons in Policy and Industry Innovations from Germany and India: 19 (International Studies in Entrepreneurship, 19)

Literature on entrepreneurship and innovation has largely ignored developing countries. This book presents research by scholars in Germany and India, whose respective analysis of entrepreneurship, innovation, and economic development reveals commonalities. Review From the reviews: “The book sets out to offer insights into entrepreneurship and its role for economic and regional development in two different country settings, Germany and India … . The editors of this volume have assembled a broad range of papers, which were presented at the First Max Planck India Workshop in March 2006 and which compare different facets of entrepreneurship and innovation in Germany and India. … This is of interest to researchers and politicians interested in regional and economic development … .” (Friederike Welter, Papers in Regional Science, Vol. 89 (1), March, 2010) From the Back Cover Academic research on developed countries has scientifically evaluated the role of entrepreneurship on economic growth, market expansion, commercializing innovation, and reducing unemployment. In this research, it has consistently been shown that regions or industries with higher rates of entrepreneurship show higher levels of innovation and economic growth. Consequently, most European and other developed countries are realizing the potential of entrepreneurship by introducing policy measures to strengthen their entrepreneurship capital. The literature on entrepreneurship and innovation, however, has largely ignored developing countries, despite the positive results from policy initiatives and new venture investments in India, China, and elsewhere. This volume aims to bridge this gap by bringing together research by eminent scholars in Germany and India, whose in-depth analysis of entrepreneurship, innovation, and economic development in their respective countries reveals fundamental commonalities. Covering such timely issues as R&D and labor policies, demographics, and new venture financing, and including case examples from the chemical, biotech, and IT industries, the authors offer rich insights on the entrepreneurial process. The volume concludes with a discussion of the global implications for entrepreneurship research, education, investment, and policymaking. About the Author Max Keilbach is a Research Scholar in the Entrepreneurship, Growth and Public Policy Group, Max Planck Institute of Economics. His main research interests are in the area of innovative entrepreneurship and its economic impact. Previously, he was a Senior Researcher in the Department of Industrial Economics at the Centre for European Economic Research. He is co-author, with David Audretsch, of Entrepreneurship and Economic Growth, author of Spatial Knowledge Spillovers and the Dynamics of Agglomeration and Regional Growth (Physica), contributor to The Oxford Handbook of Entrepreneurship, and co-author of many articles in such journals as Annals of Regional Science, Entrepreneurship Theory and Practice, and Journal of Evolutionary Economics. Jagannadha Pawan Tamvada is a Research Fellow in the Entrepreneurship, Growth and public Policy Group, Max Planck Institute of Economics. His research interests include entrepreneurship, occupational choice, small firm dynamics, and spatial econometrics. Previously a Research Scholar at the Indian Institute of Technology he presents at conferences around the world, serving as organizer of the Max Planck workshops. These workshops have focused on entrepreneurship, innovation, and economic growth, jointly with the Indian Institute of Science. David Audretsch is Director of the Max Planck Institute of Economics. He also serves as a Scholar-in-Residence at the Ewing Marion Kauffman Foundation, Research Professor at Durham University, and as the Ameritech Chair of Economic Development and Director of the Institute for Development Strategies at Indiana University, among other research positions