Inside Entrepreneurship and Innovation Activities

The growing importance of entrepreneurship and innovation activities in world production and employment is one of the characteristics of the last four decades. Entrepreneurship is not only a determinant of growth, but also affects the international competition and the modernization of a country. This chapter analyses the entrepreneurship and innovation activities and the way they contribute essentially to growth and competitiveness. The chapter aims to investigate how entrepreneurship affects not only and innovation capabilities, but also the whole periphery and economy, as well as how technological innovation is essential if companies - and countries - are to maintain their competitiveness in global markets. There are a lot of underlying problems and questions regarding the measurement of entrepreneurship and innovation activities. In particular, this chapter attempts to analyze the whole framework of entrepreneurship and innovation activities and in particular to analyse the effects and implications to growth and competitiveness. Within this context, it also aims to emphasize and review the appropriate techniques, the most common methods, and the particular related problems.