'This important new book provides a valuable framework for analyzing the strategies that entrepreneurial ventures can deploy to gain the competitive edge, particularly in an international context. It will be valuable reading for both students and scholars of entrepreneurship.' David B. Audretsch, Director, Max Planck Institute of Economics, Germany 'There are many textbooks on entrepreneurship, but none are quite like this. Instead of praising entrepreneurs as charismatic heroes, or preaching the benefits of private enterprise, this book takes a cool and objective approach. It highlights the impact of social networking and organizational structure on innovation and profit, and thereby places the study of entrepreneurship on a systematic basis. The authors and their collaborators are to be congratulated on a most distinguished contribution to the literature.'Mark C. Casson, Henley Business School, UK