Increasing uncertainty in the world economy has created challenges
for regions to pursue development strategies to achieve economic
growth. Globalization, increased marketing integration, and the
advent of new technologies led to approaches from traditional
industrial recruiting to less traditional approaches. Among these
latter approaches is the increased importance of entrepreneurship
for creating economic growth through establishment of new firms or
growth from established firms. This book identifies how
entrepreneurial factors and other local characteristics influence
growth in population, employment, and per capita income. The study
explores the contributions of entrepreneurship to the local economy
and develops a map for designing specific development policies for
a region such as the Appalachia that is characterized by
underdevelopment and poverty. It is a valuable reference for
students, researchers, scientists, consultants, policy-makers and
individuals who are interested in entrepreneurship and economic
development.
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