Local Heroes in the Global Village

Globalization and the New Entrepreneurship Policies

  • David Audretsch
  • Heike Grimm
  • Charles W. Wessner

Part of the International Studies in Entrepreneurship book series (ISEN, volume 7)

Table of contents

  1. Front Matter
    Pages i-xiii
  2. Globalization and New Entrepreneurship Policies

    1. Front Matter
      Pages 1-1
    2. David B. Audretsch
      Pages 21-43
  3. Entrpreneurship Policies in Germany and the U.S.A.

  4. Assessment of Entrepreneurship Policies

  5. Implications and Recommendations

    1. Front Matter
      Pages 171-171
  6. Back Matter
    Pages 189-196

About this book


Entrepreneurship and growth are central concerns of policy makers around the world. Local Heroes in the Global Village introduces public policies for the promotion of entrepreneurship on a comparative, primarily German-American level. The book contributes to the debate what role public policies play in stimulating national and regional economic growth. With a better understanding of the complexity and variety of existent entrepreneurship policies in the U.S. and Germany the reader of this volume will be able to formulate best practice, hands-on strategies which aim to promote nations as well as regions in an "entrepreneurial economy".

This volume brings together conference contributions of leading academics and policy advisors from the United States and Europe. While the transatlantic conference on entrepreneurship policies was held in Germany, the program benefited from the presence of the American academics familiar with German policy issues and well known Congressional and National Academies staff familiar with policy making at the senior levels of the U.S. government.

The volume has the virtue of both providing solid empirical analysis and theoretical underpinning from leading economists (among others, Rolf Sternberg, David B. Audretsch and Paul Reynolds), social scientists as well as a fresh perspective on the myths and realities concerning the operation of the U.S. innovation system. James Turner, for example, from The House Committee on Science (U.S. Congress) provides a legislative practitioner’s view of the decisions surrounding the seminal Bayh-Dole legislation and a much better perspective of commercial oriented behavior among American universities. These multiple perspectives bring together a unique and policy relevant view of U.S. and German entrepreneurship policies as well as both innovation systems both grounded in economics and policy.


Entrepreneurs Entrepreneurship European integration complexity economic growth globalization innovation regionalization strategy

Authors and affiliations

  • David Audretsch
    • 1
    • 2
  • Heike Grimm
    • 1
    • 3
  • Charles W. Wessner
    • 4
  1. 1.Max Planck Institute for Research into Economic SystemsJenaGermany
  2. 2.Indiana UniversityUSA
  3. 3.University of ErfurtGermany
  4. 4.National Academies of ScienceWashington D.C.USA

Bibliographic information

Industry Sectors
Chemical Manufacturing
Finance, Business & Banking
Consumer Packaged Goods