Entrepreneurship in the Global Economy
Engine for Economic Growth

This book examines problems surrounding entrepreneurship in the global economy through nine case histories of entrepreneurial companies.

Henry Kressel (Author), Thomas V. Lento (Author)

9781107019768, Cambridge University Press

Hardback, published 19 July 2012

280 pages, 9 b/w illus. 1 table
23.1 x 15.5 x 2 cm, 0.52 kg

'Where others see barriers to success when considering the dynamics of industrial policies in emerging markets, the authors teach us that these are not barriers but essential elements for success. Some may take for granted that reaching the US market is always critical and a first step before expanding abroad. But reading this we are reminded that working abroad and having the innovative technology imported into the US may be a better option when we consider the dynamics of a global marketplace.' Teri Willey, Vice President, Mount Sinai School of Medicine

Entrepreneurs have long been drivers of innovation in developed countries. They start companies and create new industries that keep economies strong and prosperous. Today, however, in developing nations such as China, state-controlled economies are building robust industries at stunning speed and siphoning off jobs from the West. How can entrepreneurs function in the face of this challenge? Can they continue to create economic value in a globalized business environment? This book addresses the crucial issue of state planning vs. free enterprise and examines specific problems surrounding entrepreneurship in the global economy through nine case histories of entrepreneurial companies. It also looks at how and why government gets involved in economic growth and how entrepreneurs contribute to economic value. Based on this analysis, the authors argue that companies can succeed, even in controlled economies, by understanding the customs and policies of countries where they do business.

List of figures
List of tables
Introduction
1. Government: boss, financial partner, regulator - entrepreneurs in mixed economies
2. Standing still is not an option - on promoting entrepreneurship and economic growth
3. Electronic innovation and the government: David Sarnoff builds the RCA empire
4. Global problem, golden opportunity: Ron Stanton profits from market disruption
5. Speeding voice and data traffic worldwide: network microprocessors from RMI
6. Building a world leader: SanDisk and flash memories
7. Implementing information technology across the globe
8. Three start-ups in China - entrepreneurs in a controlled economy
9. Connecting the wireless networks of the world
10. Building an economy: government planning vs. entrepreneurial innovation
Bibliography
Index.

Subject Areas: Entrepreneurship [KJH], Business innovation [KJD], Business & management [KJ]