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, regions or industries with higher rates of
entrepreneurship show higher levels of innovation and economic
growth. The literature on entrepreneurship and innovation has
largely ignored developing countries, despite the positive results
from new venture investments in India, China, and elsewhere. This
volume bridges this gap by bringing together research by scholars
in Germany and India, whose analysis of entrepreneurship,
innovation, and economic development in their respective countries
reveals commonalities. Covering such timely issues as R&D and
labor policies and including case examples from the chemical,
biotech, and IT industries, the authors offer insight into the
entrepreneurial process. The volume concludes with a discussion of
the global implications for entrepreneurship research and
policy.
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