Edited by Michael Fritsch, Professor of Economics, School of Economics and Business Administration, Friedrich Schiller University Jena, Germany

'Entrepreneurship can have powerful effects on local as well as national economies. The chapters in this edited volume, authored by well known experts in their fields, explore various aspects of entrepreneurship and regional development. The book provides an illuminating overview of the current state of knowledge while also sharing with the reader several new findings and insights on issues as diverse as globalization, regional employment growth, nascent entrepreneurs, gazelles, labor productivity, government regulations and university entrepreneurship. It is recommended reading for anyone interested in these topics.'- Simon C. Parker, The University of Western Ontario, Canada 'There is substantial evidence regarding the considerable regional variation in business creation. Michael Fritsch has done a fine job of assembling the most recent analyses of the best scholars on the regional factors affecting firm creation and the consequences. It is essential reading for any scholar or policy analyst seeking a state of the art overview of the current empirical status of research on this important topic.'- Paul D. Reynolds, George Washington University, US 'This Handbook examines the contribution of the entrepreneur and related processes to regional economic development. The recognition that the indirect entrepreneurial effects on development are more significant than on the direct is an important and under girding conclusion. And further, that entrepreneurial driven effects are often not felt immediately but in some cases only across decades as illustrated by the over two decade incubation of the entrepreneurial culture in the Silicon Valley which only later resulted in it becoming the dominant icon of scientific and technology regional development that it is today.'- Roger Stough, George Mason University, US 'This volume fills an important gap in the research literature on entrepreneurship. Entrepreneurship is a localized phenomenon and all too many studies disregard this fact. Thus, the regional economic milieu is a critical factor determining both the volume and type of entrepreneurship but also the effects of entrepreneurship in terms of value added growth, employment growth, etc. The contributions in this book by a number of leading scientists in the field provide an excellent overview and understanding of the prerequisites for and the role of entrepreneurship in regional growth and development.'--- Charlie Karlsson, Jonkoping University, Sweden

• Contents:1. The Role of New Businesses in Regional Development: Introduction and OverviewMichael Fritsch 2. Globalization, Entrepreneurship, and the RegionDavid B. Audretsch, Isabel Grilo and A. Roy Thurik 3. Regional Determinants of Entrepreneurial Activities – Theories and Empirical EvidenceRolf Sternberg 4. The Effect of New Business Formation on Regional Employment: Empirical Evidence, Interpretation, and Avenues for Further ResearchMichael Fritsch 5. Entrepreneurship, Urbanization Economies, and Productivity of European RegionsNiels Bosma 6. High-Impact Firms: Gazelles RevisitedZoltan J. Acs 7. Firm Growth, Institutions, and Structural TransformationMagnus Henrekson and Dan Johansson8. Inadvertent Infrastructure and Regional Entrepreneurship PolicyMaryann P. Feldman, Lauren Lanahan and Jennifer M. Miller 9. Universities, Entrepreneurship, and Local Economic DevelopmentThomas Åstebro and Navid BazzazianIndex