Entrepreneurship and Openness
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Entrepreneurship and Openness

Theory and Evidence

9781847207791 Edward Elgar Publishing
Edited by David B. Audretsch, Indiana University, US and the Department of Innovation Management and Entrepreneurship, University of Klagenfurt, Austria, Robert E. Litan, Korein Tillery LLC and Robert Strom, Director of Entrepreneurship Research, Ewing Marion Kauffman Foundation, US
Publication Date: 2009 ISBN: 978 1 84720 779 1 Extent: 232 pp
A growing body of evidence has documented the critical role that entrepreneurs play in fostering economic growth. But entrepreneurs can only be expected to take risks in ‘open settings’, where individuals and firms are free to contract with one another. In this important book, leading economists explain and document the role of open markets, within and across national boundaries, in facilitating entrepreneurship, innovation and economic growth. The main message of this book is especially timely given growing concerns in developed countries in particular about off-shoring and openness to trade.

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Entrepreneurship is critical to economic growth, but it cannot flourish without open markets. Entrepreneurs can only be expected to take risks in ‘open settings’ where individuals and firms are free to contract with one another. In this important book, leading economists explain and document the role of open markets, within and across national boundaries, in facilitating entrepreneurship, innovation, and economic growth.

The main message of this book is especially timely given growing concerns in developed countries about off-shoring and openness to trade. The book includes discussions of ‘star’ scientists-entrepreneurs and their positive impacts on local growth, the globalization of venture capital, information technology, entrepreneurship and cities, culture, off-shoring, trade competition and the expansion of world trade.

This book will be welcomed by policy makers at all levels of government, university leaders and academic scholars in entrepreneurship, business and management, innovation, economics and sociology.
Contributors
Contributors: D.B. Audretsch, W.J. Baumol, A. Bhidé, M.R. Darby, E.L. Glaeser, R.E. Litan, C.L. Mann, E. Phelps, R.J. Strom, G. Zoega, L.G. Zucker
Contents
Contents:

Introduction
David B. Audretsch, Robert E. Litan, Robert J. Strom

1. Entrepreneurship, Trade Competition and the Explosion of World Trade
William J. Baumol

2. Globalization of Venture Capital: A Vernon-Dunning Synthesis with Deal-by-Deal Data on Information Technology
Catherine L. Mann

3. Offshoring: Why Venture Capital-backed Businesses Stay at Home
Amar Bhidé,

4. Entrepreneurship, Culture and Openness
Edmund Phelps and Gylfi Zoega

5. Entrepreneurship and the City
Edward L. Glaeser

6. Star Scientists, Innovation and Regional and National Immigration
Lynne G. Zucker and Michael R. Darby

Index
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