Knowledge intensive entrepreneurship lies at the core of the structural shift necessary for the growth and development of a knowledge based economy, yet research reveals that the EU has fewer young leading innovators, and Europe's new firms do not adequately contribute to industrial growth. This is especially true in the high R&D intensive, high-tech sectors. This structural malaise, undermining Europe's growth potential, is well diagnosed, but poorly understood. This volume fills this important gap by exploring new firms that have significant knowledge intensity in their activity and develop and exploit innovative opportunities in diverse sectors. Through an evolutionary and systemic approach to entrepreneurship, focusing on knowledge intensive entrepreneurship as both a micro and a macro phenomena and analyzing firms in the context of various socio-economic models, the authors explore firms creation and origins around the world, their organization, strategies and business models as well as the role of innovation systems and institutions in their formation and growth. This comprehensive research text is vital reading for academics, researchers and students of high-tech and knowledge intensive entrepreneurship as well as those with an interest in industrial dynamics, innovation management and public policy.

This book uniquely applies the Schumpeterian innovation policy perspective to the countries of Central and Eastern Europe (CEE). A broadly defined framework of the science, technology, innovation and growth system underpins the empirical and conceptual analysis of the critical issues including demand, FDI, finance and education. Specifically, the expert contributors address the (in)capacity of CEE to play a more significant role in the knowledge-based competitiveness of the EU. They question whether it is possible to bolster this capacity with innovation/technology/industry-specific policies, and discuss the changes required at EU and individual country levels to remove sector and industry specific obstacles to greater competitiveness based on innovation. Policies are analyzed from the perspective of growth, and the conclusions drawn are relevant to education, the labor market and competition policy. This highly original, explicit and systematic study will prove an illuminating read for academics, researchers, students and policy makers focusing on a range of areas including economics, heterodox economics, European studies, technology and innovation. Contributors include: P. Aghion, J. Edler, H. Harmgart, A. Kaderabkova, R. Narula, S. Radosevic, A. Reid, A. Reinstaller, F. Unterlass, N. Weisshaar

International technology transfer has been an essential element of the 'catching up' process in developing countries over the last thirty years. This book reappraises its role in economic development in light of the globalization of the world economy. The author provides an excellent overview and historiography of technology transfer mechanisms. He then discusses the new technology transfer issues, particularly 'sourcing', which have emerged as a result of increasing globalization. International Technology Transfer and Catch-up in Economic Development significantly improves our understanding of how developing economies and economies in transition could approach technology transfer policy in an increasingly globalized and open economic environment.

This book uniquely applies the Schumpeterian innovation policy perspective to the countries of Central and Eastern Europe (CEE). A broadly defined framework of the science, technology, innovation and growth system underpins the empirical and conceptual analysis of the critical issues including demand, FDI, finance and education. Specifically, the expert contributors address the (in)capacity of CEE to play a more significant role in the knowledge-based competitiveness of the EU. They question whether it is possible to bolster this capacity with innovation/technology/industry-specific policies, and discuss the changes required at EU and individual country levels to remove sector and industry specific obstacles to greater competitiveness based on innovation. Policies are analyzed from the perspective of growth, and the conclusions drawn are relevant to education, the labor market and competition policy. This highly original, explicit and systematic study will prove an illuminating read for academics, researchers, students and policy makers focusing on a range of areas including economics, heterodox economics, European studies, technology and innovation. Contributors include: P. Aghion, J. Edler, H. Harmgart, A. Kaderabkova, R. Narula, S. Radosevic, A. Reid, A. Reinstaller, F. Unterlass, N. Weisshaar

Knowledge intensive entrepreneurship lies at the core of the structural shift necessary for the growth and development of a knowledge based economy, yet research reveals that the EU has fewer young leading innovators, and Europe's new firms do not adequately contribute to industrial growth. This is especially true in the high R&D intensive, high-tech sectors. This structural malaise, undermining Europe's growth potential, is well diagnosed, but poorly understood. This volume fills this important gap by exploring new firms that have significant knowledge intensity in their activity and develop and exploit innovative opportunities in diverse sectors. Through an evolutionary and systemic approach to entrepreneurship, focusing on knowledge intensive entrepreneurship as both a micro and a macro phenomena and analyzing firms in the context of various socio-economic models, the authors explore firms creation and origins around the world, their organization, strategies and business models as well as the role of innovation systems and institutions in their formation and growth. This comprehensive research text is vital reading for academics, researchers and students of high-tech and knowledge intensive entrepreneurship as well as those with an interest in industrial dynamics, innovation management and public policy.

Regional growth in the European Union hinges to a large extent on smart specialization, a new and exciting theme in economic innovation studies. Advances in the Theory and Practice of Smart Specialization illuminates problems that have stifled the implementation of smart specialization policies, such as unique regional constraints and the inter-dependent demands of economic growth and commercial development. Forward-looking and pragmatic, it provides guidance for developing smart specialization strategies both to those involved in European affairs and others grappling with regional innovation and economic development worldwide.