`"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.
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