Partner organisation

Entrepreneurship in a Changing World –
Challenges and Responses

11th International Conference
7 - 10 June 2020

Albena, Varna, Bulgaria

Proceedings 2006
Proceedings 2008
Proceedings 2010
Selected Papers
Special Issue
Proceedings 2012
Proceedings 2013
Proceedings 2014
Proceedings 2016
Proceedings 2017
Proceedings 2018


Selected Papers from the Conference 2008
published by Edward Elgar Publishing in the book

‘The European Entrepreneurship in the Globalizing Economy’,
Edited by

Alain Fayolle, Professor of Entrepreneurship, EMLYON Business School, France and Visiting Professor, Solvay Brussels School of Economics and Management, Belgium and

Kiril Todorov, Professor of Industrial Management and Entrepreneurship, University of National and World Economy, Sofia, Bulgaria


2011 256 pp Hardback 978 1 84980 821 7

Series: European Research in Entrepreneurship series

This book is also available as an ebook 978 1 84980 822 4 from - 



What role can entrepreneurship play in a European economy that is more and more open to the rest of the world? In this European construction, what is the place of the countries and economies that have only recently converted to a free market economy? It is these questions, among others, that this book explores and discusses in particular. The future steps required in developing European entrepreneurship in a dynamic and international context are also analysed and synthesized.

The expert contributors reveal both the macro and micro factors that influence European entrepreneurial development, with an emphasis on high-tech firms. The particular topics addressed include: SME research and innovation policy issues; starting and growing a new venture; innovation, marketing and entrepreneurial networks; entrepreneurship and regional (cross-border) development; building competitive advantage of SMEs; and social and cultural aspects of entrepreneurship.

This comprehensive work will provide a timely and important basis for academics, researchers, students and policy-makers in the fields of entrepreneurship and European studies.


1. European Entrepreneurship in the Globalizing Economy: An Introduction
Alain Fayolle and Kiril Todorov


2. Innovative Schumpeterian Entrepreneurship: A Systemic Perspective
Hanns Pichler

3. Sustainable Transborder Business Cooperation in the European Regions: The Importance of Social Entrepreneurship
Raymond Saner and Lichia Yiu

4. Understanding the Impact of Culture on a Firm’s Entrepreneurial Orientation and Behaviour: A Conceptual Framework
Alain Fayolle, Oivier Basso and Véronique Bouchard

5. Probioprise: Engaging Entrepreneurs in Formulating Research and Innovation Policy at the European Level
David Watkins

6. The Third Sector in Action: A Cross-border Partnership in the Western Balkans
Jovo Ateljevic


7. Board Network Characteristics and Company Performance in Sweden: The Case of Gnosjö Companies and their Board Members in Southern Sweden
Ossi Pesämaa, Johan Klaesson and Antti Haahti

8. Knowledge Creation and Management in an Italian Biotech Startup
Massimo Merlino and Stefania Testa

9. The International Product Venturing of a Biotech SME: Knowledge Combination in Upstream and Downstream Networks
Daniel Tolstoy

10. Building Competitive Advantage in the Process of Business Growth: The Case of Bulgarian Technology-based SMEs
Kiril Todorov and Iliya Kereziev

11. Business Pre-incubator as a Learning Network: A Case Study in the University of Applied Sciences
Kaija Arhio and Marja-Liisa Kaakko

12. European Entrepreneurship: Future Steps
Alain Fayolle and Kiril Todorov