Fostering Innovation and Entrepreneurship

Download or read book Fostering Innovation and Entrepreneurship written by Christian Schwarzkopf and published by Springer. This book was released on 2016-04-21 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: Christian Schwarzkopf has developed a new more holistic entrepreneurial ecosystem on a national level and has analyzed as well as compared the fundamentals of innovation and entrepreneurship in Germany and the USA in order to derive the key elements for an entrepreneurial ecosystem. The described ecosystem consists of four circles and 24 elements, with the entrepreneur in the core. Surrounding essential elements, for example, are risk financing, culture or domestic markets. The author shows the differences between Germany and the USA and provides improvement proposals for nations like Germany.