New Frontiers in Entrepreneurship
Series Editors:
Zoltan J. Acs
Geroge Manson University
Fairfox, VA, USA
David B. Audretsch
Indiana University
Bloomington, IN, USA

Contents
1    Introduction ...............................................................................................       1
David B. Audrestch, Giovanni Battista Dagnino, Rosario Faraci,  
and Robert E. Hoskisson
Part I    Corporate Governance and Entrepreneurship
2    Initially Distracted: The Influence of Boards on Agency  
Costs in Initial Public Offering (IPO) Firms ..........................................     11
Thomas Dalziel, Robert E. White, Jonathan D. Arthurs,  
and Robert E. Hoskisson
3    Horizontal and Vertical Relationships in Developing Economies:
Implications for SMEs’ Access to Global Markets ................................     31
Luiz F. Mesquita and Sergio G. Lazzarini
4    Corporate Governance Systems: Effects of Capital  
and Labor Market Congruency on Corporate  
Innovation and Global Competitiveness .................................................     67
Robert E. Hoskisson, Daphne Yiu, and Hicheon Kim
5    The Entrepreneurial Society ....................................................................     95
David B. Audretsch
Part II    Mobilizing Capital for Fostering Entrepreneurship
6    Mobilizing Capital for Fostering the Early Growth of Firms:  
The Role of Business Angels in Nascent European  
Entrepreneurship ......................................................................................   109
Giovanni Battista Dagnino, Rosario Faraci, and Mario Sorrentino