Samenvatting

Does Northern Europe possess unique characteristics that cannot disappear and do not need to disappear, or will globalisation inevitably result in uniformity, divested businesses, lower wages and huge pressure on social security provisions? This is one of the main questions addressed by the authors. The authors examine how companies respond to global developments. They also discuss the implications of these developments for entrepreneurs and whether knowledge institutions and governments play a part in creating a climate that is conducive to enterprise. They consider these issues from the perspective of different regions. Each region has its own distinct regional characteristics and its own distinct regional views on particular issues. As well as endeavouring to describe the key macroeconomic characteristics, they also consider how (entrepreneurial and policy-making) organisations should respond to the current macroeconomic challenges.