What have we learned? lessons for enterprise policy

Abstract

The chapters of this volume deal with the relationship between firm dynamics (entry, survival/exit and growth), innovation and globalization. These processes are essential for long-term economic growth and welfare creation because they determine how efficiently we are using our resources, and how effectively we are expanding our capabilities. These issues have received increasing attention from enterprises and policy makers, because globalization, limits imposed by scarcity of natural resources and the last protracted world economic crisis have intensified competition on the world scale. Enterprises, small and large, local and global alike, try to understand how they can survive and grow in a rapidly changing competitive environment, and their cries for ‘protection’ and ‘public support’ have intensified considerably in recent years.