* International approach, with examples and cases from the US, Europe and Africa * Each chapter contains objectives, case studies, discussion questions and further reading suggestions. * PPT slides and data sets available as digital supplements

McLean Sibanda believes that Africa must be deliberate about its economic development and that change requires champions, and importantly, fertile enabling environments.

In Nuts & Bolts you will gain unique perspectives on challenges faced by leaders overseeing a turnaround in any organisation; and the thought processes behind innovation initiatives that yielded value. McLean provides practical insights on innovation and entrepreneurship for Africa’s development through a narrative of his seven years of repositioning Sub-Saharan Africa’s first internationally recognised Science and Technology Park, The Innovation Hub. Included, too, are reflections from entrepreneurs who have all gone on to build successful businesses which will be useful for anyone working on a start-up or innovation, particularly institutions set up to create new products or services. The musings of various successful entrepreneurs and ecosystem builders provide relevant context, inspiration and examples as to how best make use of support programmes provided by incubators and organisations similar to The Innovation Hub.

Nuts & Bolts is a book about hope; it is full of stories about real people and companies who are making a difference, with testimonies of entrepreneurs, experienced ecosystem builders and innovators. It captures deep insights from the considerable time McLean has spent with entrepreneurs and innovators, on the importance of inclusive innovation and entrepreneurship, and provides a mix of global experiences and entrepreneurship narratives that eloquently sketch out the ‘nuts and bolts’ for entrepreneurship and innovation.

The recent economic crisis has had severe and negative impacts on the EU over the last decade. This book focuses on a neglected dimension by examining European political entrepreneurship in times of economic crisis with particular emphasis on EU member-states, institutions and policies. Governance and Political Entrepreneurship in Europe examines the role that the political entrepreneur can play in promoting entrepreneurship and growth. The book includes an actor and a structure perspective by focussing on politicians and institutions within the public sector that use innovative approaches to encourage businesses with a goal of growth and employment. This exemplary book is a useful tool for entrepreneurship and political science scholars wishing to gain a better understanding of the ways in which political bodies can impact economic development. EU politicians and public servants would also benefit from reading this timely book as it offers key information on how they can help to promote growth. Contributors include: M. Alebaki, C. Berggren, M.-L. von Bergmann-Winberg, S. Gretzinger, C. Karlsson, B. Leick, A. Olausson, A. Parkhouse, E. Petridou, B. Pircher, C. Silander, D. Silander, P. Stroemblad, S. Tavassoli, E. Wihlborg

A compact and readable book will help executives, entrepreneurs, and venture investors learn to search out and plan for those enterprise hazards that reside outside the bell curve, the conventional domain of risk: Uncertainty, where outcomes can be characterized in advance, reliable estimates cannot be made for the likelihood that they will occur; Ambiguity, where the events and outcomes cannot be well characterized, in some cases because we cannot imagine them and in others because characterization depends upon the institutional interests or cultural values of the observer; and, Ignorance, where neither likelihood estimates nor well-characterized events enjoy much credibility. This edited volume emphasizes practical strategies for understanding and managing the hazards of the new venture in light of recent research. It will help corporate innovators, entrepreneurs, and investors employ a wider spectrum of risk management strategies than is now possible.

Corporate venturing is of great strategic importance in today's world of accelerated change in business and technology. In one of the best and most current books on the subject, Van den Bosch and Duysters guide readers through carefully-selected case studies that will enlighten the practitioner and academic alike.' - Dana T. Redford, Portuguese Catholic University and President, Platform for Entrepreneurship Education in Portugal'Before an innovation gets the green light in large corporations, it needs to be proved that the innovation will be successful: successful and lucrative. And that's exactly what you can't ever know in advance for a true innovation. Corporate Venturing: Organizing for Innovation shows how corporate oil tankers can take full advantage of innovative speedboats.' - Danny Mekic, Entrepreneur Large organizations can struggle to keep up with today's fast-changing market and technological developments. However, an increasing number of businesses now engage in corporate venturing as a way to enhance their innovation process. This book fills the gap in management literature by providing a detailed account of best practices in the organization and management of such corporate ventures. The authors highlight eight main cases of organizations that employ corporate venturing within their firms. The cases illustrate how leading corporations organize their corporate venturing process and highlight the best practices that can be distilled from their experience. Jessica van den Bosch and Geert Duysters explain how the ideal corporation is one that is able to combine the scale and pure power of a large organization with the creativity, flexibility and resilience of a small one. With a compendium of useful case studies, and practical guidelines on corporate venturing, this book will appeal to managers, consultants and all leaders involved in the process of creating new ventures within large organizations. Contents: 1. Corporate Venturing in Health Care: A Cbusinez Case 2. Corporate Venturing in the Chemical Industry: A Colourful Case 3. BAC BV: The Successful Exit of a Unilever Spin-Out 4. Document Services Valley: A Lifeline for the Printing Industry? 5. Innovation Projects and Venturing at Rabobank: Creating a New Dynamic 6. Eindhoven University of Technology's Innovationlab: Commercializing Scientific Research for Scientific Research Itself 7. Sanomaventures: Innovating by Attracting Entrepreneurial Talent 8. Nrc.Next: Reinventing Printed News 9. Discussion and Conclusions 10. Top 10 Best Practices for Managing Corporate Ventures Index

Using institutional theory to explain innovation and merging academic and critical analysis with practical recommendations, this book provides a full and rich account of how new products are brought to market; considering both the successes and failures in equal measure. This book takes the meeting point of two seemingly incongruous schools of theoretical thought to enlighten the debate surrounding product innovation. In doing so it: illustrates how institutional forces come to shape the interest, priorities and behaviour of organizational members in the development and implementation process of incremental product innovation investigates the failed innovative attempts of established organizations demonstrates the importance of organizational and intra-organizational forces for innovative success. The insight it offers into the organization of product innovation processes in the financial services sector and the guidelines it sets up for their improvement makes Innovation and Institutions essential reading for those working in or studying the banking, finance and insurance sector who have an interest in innovation studies.

The book provides an overview of developments in the field of entrepreneurship education, with special reference to global perspectives on innovations and best practices, as well as research in the emerging economy context. It focuses on various experiments in curriculum design, review and reform in addition to the innovative processes adopted for developing new content for entrepreneurship courses, in many cases with an assessment of their impact on students' entrepreneurial performance. Further, it discusses the pedagogical methods introduced by teachers and trainers to enhance the effectiveness of students' learning and their development as future entrepreneurs. It explains the various initiatives generally undertaken to broaden the scope of entrepreneurship education by extending it beyond regular students and offering it to other groups such as professionals, technicians, artisans, war veterans, and the unemployed. The book is a valuable resource for researchers and academics working in the field of entrepreneurship education as well as for trainers, consultants, mentors and policy makers.

Advertising Confluence offers a unique blend of both traditional and contemporary social media thinking about advertising and integrated brand promotions throughout the world. Dr. Arora Anshu and Dr. Sabine Bacouel-Jentjens bring together articles that analyze creative social advertising in US, France, and Tunisia and offer a wide spectrum of advertising confluence from both the developed and emerging world. Contributors focus on both empirical studies with practical application as well as examinations of theoretical and methodological developments in the field of advertising studies. In all, they examine the wide range of global and local advertising strategies, the depth of integrated marketing communications, and the future of social media advertising.

This book presents multidisciplinary research that expands our understanding of the innovation system (IS) and the entrepreneurial ecosystem (EE) perspectives on regional economic development. It critically reviews the two concepts and explores the promise and the limits of bridging IS and EE, particularly as applied outside of the bubbling global hubs or to the types of entrepreneurship different from the high-growth variety. Building on these insights, it delves deeper into the links between the academic knowledge and its practical applications in a variety of contexts - from a vibrant London suburb to Latin American countries - with the goal of offering place-specific policy implications. Additionally, the authors advance the inquiry by examining some of the overlooked dimensions of the systemic approaches to economic development such as informal and social entrepreneurship and offers a comprehensive view of the current research at the intersection of the IS and the EE frameworks from the practical perspective. Entrepreneurship and innovation - and relatively new ways to study and understand those within the systems framework - are at the forefront of scholarly and policy debate on economic growth at the moment, making this an important and timely work for academics and policy makers. Contributors include: V. Andonova, M. Belitski, J.E. Cassiolato, A.P. da Costa e Silva Lima, C. De Fuentes, G. de Oliveira Santos, M. del Carmen Roman Roig, N.A. Dentchev, A. Diaz Gonzalez, J. Federico, A. Godley, M. Gonzalo, A. Guerrero Alvarado, S. Ibarra Garcia, H. Kantis, R. Lebre La Rovere, M.C.J. Lustosa, H.M. Martins Lastres, F. Modrego, J.A. Peerally, J. A. Perez-Lopez, M.G. Pessoa de Matos, M.G. Pezzi, R. Pugh, M.G.v. B. Podcameni, J. Schmutzler, V. Servantie, A. Tsvetkova, J.M. Zabala-Iturriagagoitia

'Of course, entrepreneurship can be taught, and this books shows how. Using scholarly research as the foundation, the authors have crafted a set of practices to foster entrepreneurial thinking that should be incorporated in all courses across the entire curriculum.' - Tina Seelig, Stanford University, US 'Practice makes perfect and Babson professors Neck, Greene and Brush lead the way for global management education s thirst for excellence in entrepreneurship education. Teaching Entrepreneurship is an excellent read and detailed guide for creating a strong program that inspires innovation and entrepreneurial strategies for business academics and practitioners.' - John Fernandes, President and Chief Executive Officer, AACSB International 'Teaching Entrepreneurship further validates how thoroughly Heidi, Patricia, and Candida understand the future of this incredibly vital field. The idea that aspiring entrepreneurs and their professors should be instructed in a method that increases their emotional intelligence and their business acumen is extraordinary. This is the book that the faculty at Paul Quinn College and I have been waiting for. That applause you hear in the background is our current and future students and the lives they will change through this version of entrepreneurship.' - Michael J. Sorrell, President, Paul Quinn College, US Teaching Entrepreneurship moves entrepreneurship education from the traditional process view to a practice-based approach and advocates teaching entrepreneurship using a portfolio of practices, which includes play, empathy, creation, experimentation, and reflection. Together these practices help students develop the competency to think and act entrepreneurially in order to create, find, and exploit opportunities of all kinds in a continuously changing and uncertain world. Divided into two parts, the book is written for those educators who want their students to develop a bias for action and who are willing to explore new approaches in their own classrooms. A set of 42 exercises with detailed teaching notes is also included to help educators effectively teach the practices in their curriculum. Entrepreneurship educators will find a great deal of useful knowledge in this volume, which provides relevant, targeted exercises for immediate application in the classroom. Contents: 1. Teaching Entrepreneurship as a Method that Requires Practice The Practices of Entrepreneurship Education: The Theory 2. The Practice of Play 3. The Practice of Empathy 4. The Practice of Creation 5. The Practice of Experimentation 6. The Practice of Reflection The Practices of Entrepreneurship Education: The Application 7. Exercises to Practice Play 8. Exercises to Practice Empathy 9. Exercises to Practice Creation 10. Exercises to Practice Experimentation 11. Exercises to Practice Reflection 12. A Final Note: The Practices Support Accreditation Index

Globalization demands the creation of new business approaches to achieve high levels of competitiveness. Cultural differences factor into policies as companies expand their businesses in different countries and seek to collaborate with international entrepreneurs. The Handbook of Research on Internationalization of Entrepreneurial Innovation in the Global Economy brings together research on international business, entrepreneurship, and innovation in order to present a comprehensive publication for business professionals. This volume is an essential reference source for practitioners, academicians, researchers and upper-level students interested in learning about internationalization and innovation in a global market.

If entrepreneurship remains as important to the economy as ever, then the continuing failure of mainstream economics to adequately account for entrepreneurship indicates that fundamental principles require re-evaluation. It seems no longer possible to expect that only theoretical refinements and extending known principles can provide for a theory of entrepreneurship. The articles in this book provide interesting new ideas and insights on a theory of entrepreneurship in the economy (W.J. Baumol, D.B. Audretsch, A.V. Bhide) in part one, and interesting recent research on entrepreneurship in part two.

In his article A. Heertje writes that: ???It is interesting to note that in the aftermath of the Schumpeter revival, since the eighties of last century our field observes the emergence of entrepreneurial economics. Several threads come together. Economic theory substituted the paradigm of perfect knowledge for imperfect information, developed a more refined analysis of risk and uncertainty in economic life and the theory of games provided the framework for the analysis of strategic behaviour in general. The theory of industrial organisation entered a higher level of sophistication and chaos theory as part of economic dynamics helped to transform verbal Schumpeterian ideas and intuitions into a refined mathematical structure. Also the application of insights from theoretical physics, like thermodynamics and entropy are very promising. These developments have brought the modern entrepreneur of flesh and blood, being embedded in a global world of enduring technical change, uncertain challenges, threats and opportunities in the forefront of advanced economic analysis???.

Wedo hope that this book contributes to the emergence of the Entrepreneurial Economics field, or school of thought, in which the study of patterns in the complex, seemingly chaotic and unpredictable process of entrepreneurship and its role in the economy stands central.

This book argues that the strength of our dynamic society is a market economy, which functions well only if positive and constructive marketing practices are performed. It offers innovative alternatives for achieving economic progress and outlines strategies to create conditions for equal opportunity. The American economy has transitioned from a "survival of the fittest" to "survival of the fattest" mentality, focusing less on the people and quality of life and more on the amount of dollars to be gained. The divide between the 1% and 99% leaves lower-income individuals at a significant disadvantage and threatens both economic and societal advancement. The author offers clear, intelligible solutions to accomplish this such as eliminating discrimination, providing opportunities for new ideas and industries, enhancing quality of life, and encouraging more competition so that radical innovations can emerge and make a positive difference. This book will appeal to leaders and researchers across marketing, economics, management, and accounting looking for answers on how to get the American economy back on track.

Silicon Valley and the industrial districts of Italy, where shared identity, superior skills, regional specialization and trust-based networking among local firms have produced dynamic and flexible ecosystems, are inspiring examples of the successful promotion of thriving technology and business clusters. Cluster studies, besides acknowledging (the potential of) concentration and spill-overs in a dynamic network of larger companies and new start-up firms, also pay attention to the importance of investors, universities and other supportive institutions that contribute to the international and longer-term competitiveness of local industry clusters.

This book looks at why certain regions are successful in creating an innovative technology cluster (with chapters on Silicon Valley and the Italian Food districts) and why aspiring communities and districts seek to learn from those examples and create an internationally successful region or sector (with chapters on the Dutch Biopartner program to stimulate entrepreneurship in the life sciences, on high-tech Israel and on the Italian Slow Food Movement). In some cases internationally renowned universities and/or research laboratories inspire engineers and scientists to become entrepreneurs and take the lead in cluster development (e.g. in the chapters on Food Valley Wageningen, the Knowledge Pearl Leuven-Flanders and the Scandinavian Oresund cluster). In other cases indigenous flagship firms, collaborating with each other and outsourcing many activities to smaller companies, may act as a regiona (TM)s catalyst (e.g. in the chapters on Flanders Vegetable Valley, the Dutch horticultural industry and the Defence Diversification Agency in theUK). Chapters on North Carolinaa (TM)s Research Triangle Park and the recent initiative to stimulate innovativeness in East Netherlands show that also an active government can stimulate emerging clusters by making local resources and funds available (e.g. risk capital, high-quality infrastructure), attracting foreign firms to invest and building ties between the private sector, knowledge institutions and local authorities.

Showcasing methodological rigour and state-of-the-art methods as hallmarks of modern international business (IB) research, this book offers a collection of the most relevant and highly cited research methods articles from the Journal of International Business Studies (JIBS). Each piece is accompanied by a new Commentary written by experts in the field; some also include Further Reflections by the original authors. Encompassing both qualitative and quantitative approaches, this comprehensive volume explores research design, testing and reporting, as well as specific methodological issues such as endogeneity, common method variance, and theorising from case studies. With recommendations for best practices relating to interaction effects, hypothesis testing, and replicability, this book is a unique and up-to-date reference source on the latest research methods and practices in international business. The book will also be essential reading for those studying any sub-discipline of IB research, including international economics, entrepreneurship, finance, management and marketing.

The book gives practical guidance for policy makers, analysts and researchers on how to make the most of the potential of Foresight studies. Based on the concept of evidence-based policy-making, Foresight studies are common practice in many countries and are commonly understood as a supportive tool in designing future-oriented strategies. The book outlines approaches and experiences of integrating such Foresight studies in the making and implementation of science, technology and innovation (STI) policies at different national levels. It delivers insights into practical approaches of developing STI policy measures oriented towards future societal and technological challenges based on evidence drawn from comparable policy measures worldwide. Authors from leading academic institutions, international organizations and national governments provide a sound theoretical foundation and framework as well as checklists and guidelines for leveraging the potential impact of STI policies.

The purpose of this volume is to analyze the microfoundations of knowledge spillovers. The microeconomic analysis of spillovers leads to the insight that the spillover and flow of knowledge is not at all automatic. Instead, this volume suggests that a filter exists between knowledge and its economic application. The focus of this volume is on several key mechanisms that serve to reduce this filter and facilitate the flow of knowledge. In particular, the volume draws on an emerging literature identifying the role of knowledge spillovers to investigate significance of labor mobility and informal networks as mechanisms facilitating the flow of knowledge.

No field in economics has dealt extensively with the microeconomics of knowledge spillovers. This volume brings together scholars from a broad spectrum of fields including labor economics, regional economics, the economics of innovation and technological change, and sociology to introduce new insights yielded from the microfoundations of knowledge spillovers.

Entrepreneurs who start out with no network, no money, no market and scarce resources find a big contrast between what they read in books and the success stories from the Valley and their reality, specially first-timers. Most entrepreneurial books focus on the Business Canvas Model, simplifying the process of building a start-up. Many entrepreneurs who have no previous business experience embrace quick and lean methods without the foundations needed to build solid value proposals. This book stands out because it deals with entrepreneurship in environments far removed from large cities with fewer infrastructures, connections and resources but which also need companies that provide services to citizens and society. This book focuses on the basics, treating each part of the business canvas as a discipline itself that must be mastered. The book illustrates key lessons learned and offers guidance on essential topics for new venture success in mainstream markets. It expands critical lessons learned and points of guidance across several key topics for new venture creation. Noteworthy is the role of context, financial understanding, building business development skills and start-up communications. Entrepreneurship for Rural Start-ups will be of interest to students, academics and researchers in the field of entrepreneurship, and will be of use to individuals looking to start a local business to take advantage of the rural environment and the possibilities it offers.