In this book, award-winning economist David B. Audretsch identifies the positive, proactive response to globalization-- the entrepreneurial society, where change is the cutting edge and routine work is inevitably outsourced. The author documents the fundamental policy revolution underway, shifting the focus to technology and knowledge-based entrepreneurship, where start-ups and small businesses have emerged as the driving force of innovation, jobs, competitiveness and growth. By understanding the shift from the managed economy and the emergence of the entrepreneurial society, individuals, businesses, and communities can learn how to proactively harness the opportunities afforded by globalization in this new entrepreneurial society.

David B. Audretsch is Director of the Entrepreneurship, Growth and Public Policy Division at the Max Planck Institute of Economics and Ameritech Chair of Economic Development at Indiana University