Entrepreneurship in the Global Economy

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.

Author: Henry Kressel, Thomas V. Lento
Publisher: Cambridge University Press
Published: 07/19/2012
Pages: 280
Binding Type: Hardcover
Weight: 1.15lbs
Size: 9.10h x 6.10w x 0.80d
ISBN: 9781107019768

Review Citation(s):
Choice 04/01/2013

About the Author
Kressel, Henry: - Henry Kressel, a senior partner of Warburg Pincus LLC, has been responsible for investments in technology companies in the USA, Europe and Asia. He began his career at RCA Laboratories where he pioneered the first practical semiconductor lasers. He was the founding president of the IEEE Photonics Society and co-founded the IEEE/OSA Journal of Lightwave Technology. He is the recipient of many awards and honors, a Fellow of the American Physical Society and the IEEE, was elected to the US National Academy of Engineering and is holder of thirty-one issued US patents for electronic and optoelectronic devices. He is the co-author of three previous books, Semiconductor Lasers and Heterojunction LEDS with J. K. Butler (1977) and Competing for the Future: How Digital Innovations are Changing the World (Cambridge, 2007) and Investing in Dynamic Markets: Venture Capital in the Digital Age (Cambridge, 2010), both with Thomas V. Lento. He also edited Semiconductor Devices for Optical Communications (1987).Lento, Thomas V.: - Thomas V. Lento is founder and President of InterComm, a corporate communications consultancy specializing in technology companies. He has been a university professor, an ad agency executive and Director of Communications for Sarnoff Corporation. In addition to collaborating with Henry Kressel on three books, he was editor of Inventing the Future: 60 Years of Innovation at Sarnoff and co-authored Gregory H. Olsen's By Any Means Necessary: An Entrepreneur's Journey into Space (2009).