Theoretical Analyses of Entrepreneurship and Innovation -- Introduction: Entrepreneurship and Innovation in Germany and India -- The Contribution of Entrepreneurship to Economic Growth -- Efficient Transfer of Public Scientific R&D to Private Firms -- Investing in Labor and Technology: Two "Faces" in India. Comparison of SMEs in West Bengal and Tamil Nadu -- Empirical Analyses -- Knowledge Based Entrepreneurship and Regional Economic Performance -- What Determines Self-employment Choice in India? -- Entrepreneurship and Innovative Policies for Financing Small Scale Industries in India: An Empirical Analysis -- Demographics and Entrepreneurship: Evidence from Germany and India -- Comparing Entrepreneurial Climates of Germany and India: More Similarities than Differences? -- Industry Studies -- Venture Capitalist's Role in Choosing Entrepreneurs: A Study of Indian Biotechnology Industry -- Public R&D Policy: The Right Turns of the Wrong Screw? The Case of the German Biotechnology Industry -- Technological Strategies and Firm Characteristics: A Study of Indian Basic Chemical Industry -- Diversity and the Geography of Technology Entrepreneurship: Evidence from the Indian IT Industry -- Conclusion -- Dynamics of Entrepreneurship and Economic Growth.

Academic research on developed countries has scientifically evaluated the role of entrepreneurship on economic growth, market expansion, commercializing 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 and other developed countries are realizing the potential of entrepreneurship by introducing policy measures to strengthen their entrepreneurship capital. The literature on entrepreneurship and innovation, however, has largely ignored developing countries, despite the positive results from policy initiatives and new venture investments in India, China, and elsewhere. This volume aims to bridge this gap by bringing together research by eminent scholars in Germany and India, whose in-depth analysis of entrepreneurship, innovation, and economic development in their respective countries reveals fundamental commonalities. Covering such timely issues as R&D and labor policies, demographics, and new venture financing, and including case examples from the chemical, biotech, and IT industries, the authors offer rich insights on the entrepreneurial process. The volume concludes with a discussion of the global implications for entrepreneurship research, education, investment, and policymaking.