Reinventing economic development as if small business mattered. In cities and towns across the nation, economic development is at a crossroads. A growing body of evidence has proven that its current cornerstone--ncentives to attract and retain large, globally mobile businesses--is a dead end....

Purpose: The growth potential of SMEs entrepreneurship is examined at regional and local level, initially on a Global scale and then for the case of Greece. Additionally, the possibility of an economic development policy beyond the macroeconomic approach is examined, focusing on business growth...