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Introduction: Entrepreneurship and Innovation in Germany and India

  • Audretsch, David B.
  • Keilbach Max
  • Tamvada Jagannadha Pawan
Part of the International Studies in Entrepreneurship book series (ISEN, volume 19)

As more and more research studies suggest that a good entrepreneurial environment leads to sustained economic progress, the necessity to shift from a managed economy to entrepreneurial economy has become the focal point of policy debate. Academic research on developed countries has scientifically evaluated the role of entrepreneurship on economic growth, market expansion, innovation and reducing unemployment. In this research, it has consistently been shown that regions or industries with higher rates of entrepreneurship show higher levels of innovation and economic growth. Consequently, most European countries are realizing the potential of entrepreneurship to improve growth rates and reduce the unemployment levels. They are introducing policy measures to strengthen their entrepreneurship capital.

The literature on entrepreneurship and innovation however ignored developing countries for a long time. Nevertheless, entrepreneurship plays an important role in these countries as well. For...

Keywords

Venture Capital Entrepreneurial Activity Entrepreneurial Education Academic Entrepreneurship Venture Capital Funding 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Springer Science + Business Media, LLC 2009

Authors and Affiliations

  • Audretsch, David B.
    • 1
  • Keilbach Max
    • 1
  • Tamvada Jagannadha Pawan
    • 1
  1. 1.Max Planck Institute of EconomicsJenaGermany

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