... theories to predict the consequences of postindustrialization on four types of innovative markets: global mass markets; global niche markets; local mass markets and local niche markets. Findings The paper makes two key predictions. First, global mass markets will account for most cost-cutting process...

...Jason Potts Purpose The purpose of this paper is to examine how national innovation policies strategically interact to form emergent de facto global entrepreneurship and innovation policies. Design/methodology/approach Reviews the innovation economics theory and policy literature, synthesizing...

.../value – The paper offers a new perspective on the causes of spin-offs through a cross-national analysis of many areas around the world. North America has been a global benchmark for innovative development in areas such as Route 128 near Boston and Silicon Valley in California. Boston has had...

... Economic growth Entrepreneurial action Globalization International trade There is widespread consensus among economists regarding the net economic benefits of trade openness. As Dollar and Kraay (2004) note, “Openness to international trade accelerates development: this is one of the most...