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This volume explores the dynamics of the innovation process in developing countries with respect to economic growth. First, the book focuses on the relationship between innovation and economic development from a macroeconomic perspective, with an emphasis on incorporating technological change and intellectual property rights into the theoretical model. This section also considers that the meaning of such fundamental terms as "innovation," "entrepreneurship," and "macroeconomic policies," vary considerably across nations and cultures, with profound implications for the development of policies designed to promote new business creation, growth, and competitiveness. The second section of the book focuses on a microeconomic approach, taking a sociological approach to the economics of creativity at the organizational level. Topics include the effect of beliefs on organizational creativity and the relationship between leadership style and the value system of the entrepreneur on firm-level innovation. The third part of the book focuses on small and medium-sized enterprises, providing empirical research from Turkey, India, and the European Union to shed light on product, process, organizational and marketing innovations, with respect to economic development. The volume concludes with discussion of the impact of well-functioning national innovation systems on decreasing the gaps between the developed and developing nations.

Economic policy. --- Economics. --- Endogenous growth (Economics). --- Entrepreneurship --- New business enterprises --- Economic development --- Technological innovations --- Business & Economics --- Economic Theory --- Entrepreneurship. --- New business enterprises. --- Economic development. --- Technological innovations. --- Breakthroughs, Technological --- Innovations, Industrial --- Innovations, Technological --- Technical innovations --- Technological breakthroughs --- Technological change --- Development, Economic --- Economic growth --- Growth, Economic --- Business starts --- Development stage enterprises --- How to start a business --- New companies --- Start-up business enterprises --- Start-up companies --- Start-ups (Business enterprises) --- Starting a business --- Startups (Business enterprises) --- Entrepreneur --- Intrapreneur --- Development economics. --- Economic growth. --- Development Economics. --- Economic Growth. --- Economic Policy. --- Capitalism --- Business incubators --- Creative ability in technology --- Inventions --- Domestication of technology --- Innovation relay centers --- Research, Industrial --- Technology transfer --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Business enterprises --- Economic nationalism --- Economic planning --- National planning --- State planning --- Planning --- National security --- Social policy

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The economics of regional clusters, where business formation, technological innovation, and the emergence of a highly-skilled labor force converge, has become a popular topic among academic researchers, entrepreneurs and investors, and policymakers alike. This book applies a variety of tools and models to analyze, in depth, the formation and growth of high-tech clusters, first by exploring the institutional forces that promote the failure or success of such agglomerations, and then by focusing on the dynamics of the labor force, including knowledge and skill transfer, job creation, and hiring practices. Considering the influence of such factors as geographical proximity, inter-firm networks, and ethnic and cultural features, the authors present a rigorous, empirical approach to the development of human and social capital in high-tech environments, with implications for business creation, organizational management, and institutional policymaking.

Economics/Management Science. --- Entrepreneurship. --- Economics/Management Science, general. --- Economics general. --- Economics. --- Economie politique --- Entrepreneuriat --- High technology industries. --- Industrial clusters. --- Industrial location -- Effect of labor market on. --- High technology industries --- Industrial location --- Industrial clusters --- Entrepreneurship --- Economic Theory --- Economic History --- Business & Economics --- Effect of labor market on --- Effect of labor market on. --- Entrepreneur --- Intrapreneur --- Agglomerations, Industrial --- Cluster industries --- Clusters, Industrial --- Firm clusters --- Industrial agglomerations --- Industry clusters --- Business. --- Management science. --- Business and Management. --- Business and Management, general. --- Economics, general. --- Capitalism --- Business incubators --- Business networks --- Labor market --- Industries

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Economic growth --- Economic policy and planning (general) --- Business management --- ondernemingsstrategieën --- economische politiek --- economische groei --- ondernemen