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Entrepreneurship plays an important role in developing a new theory of economics and creating new economic activities. It refers to ambitions of innovation, investment in new products, services, technologies and an active expansion in new markets. The authors of this edited volume picture their entrepreneurial ambitions by describing contextual elements of entrepreneurship and small enterprises as productive agents of entrepreneurial economy. They illustrate, how entrepreneurship can turn from general principles to positive development cooperation in developing countries and transition economies. Practical examples are: Educational work with African girls in Tanzania by topics of gender equality, intimate hygiene and building up self-confidence by doing sports; ideas of supporting community based tourism in Oman by entrepreneurial enterprises that offer excursions for high-end-tourists into the country´s beautiful nature and world cultural heritage, manufacturing a bamboo solar bike in Vietnam and first steps of founding small companies; an incubator project for transferring university knowledge directly to business process re-engineering in Cuba. The edited volume offers an introduction to requirements, forms of transaction and the practice of entrepreneurial creation of an innovative draft of social and economic development cooperation in developing countries and transition economies.

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Walter Tenfelde was a University Professor for Business and Human Resource Education at University of Hamburg from 1982 to 2009 with subject areas in advanced vocational training and human resource development. After his retirement he directed projects of development cooperation in China, Ecuador, Tanzania and Vietnam.

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