Titlebook: Entrepreneurship and Innovation During Austerity; Surviving Beyond the Ian Chaston Book 2013 Palgrave Macmillan, a division of Macmillan Pu

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Lopped Limbs and Chopped Purposes,tion. This is because technology can provide the basis of totally new industries or permit smaller firms to develop a competitive advantage based upon disruptive innovation which is capable of successfully challenging an industry’s market leaders. The risk facing the developed nations during the new

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A Long-standing Source of Griefin countries such as China or Thailand. Initially these suppliers merely produced standard components but, as their skill levels increased, they moved into contract manufacturing and assembling finished products. Eventually some Western firms relocated their entire manufacturing operations overseas

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https://doi.org/10.1007/978-3-030-48122-3oyment and a significant contributor to Gross Domestic Product (GDP). In the UK by the end of the 20. century the small firm sector, which is defined as all firms with up to 249 employees, was providing 55 percent of all employment and contributing over a quarter of the nation’s total GDP. Elsewhere

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https://doi.org/10.1007/978-981-32-9848-4al thinking, and the end of World War II saw the creation of the large welfare state which now absorbs the vast majority of public sector spending within the Western democracies (Lindbeck, 1995). Even as early as the 1980s, Western politicians were becoming aware that the combined influences of popu

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https://doi.org/10.1007/978-3-319-49526-2income and a consequent reduction in their standard of living. In the UK and the USA the global financial crisis impacted house prices leading to a further reduction in personal wealth by over $700 billion and $9 trillion respectively (Anon, 2012a). Even more pain can be expected in the future as go

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incredulity

D. Lena,A. Mihoubi,H. Quintard,C. IchaiThe behaviour of individuals during the purchase and consumption of goods is strongly influenced by national culture. In terms of understanding why variations in national culture exist, Berges et al (2006) proposed that the following key factors are of significance:

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