This text includes major papers presented at the seventh European workshop on recent research into entrepreneurship and embraces front research topics such as SME's internationalization, strategy, venture capital, and organization as well as entrepreneurship in Eastern Europe.

Table of Contents:
Part 1 SMEs internationalization: Methodological problems in assessing awareness and preparedness of SMEs towards the single European market; success factors and their sensitivity to internationalization - some empirical findings among Finnish SMEs; modelling key success factors in manufacutring; becoming international - benefits and pitfalls for entrepreneurial SMEs, experiences from Belgium; internationalization of Finnish SMEs - commitment, internationalization paths and innovations. Part 2 Strategy/Organization: Flexible companies in an industrial district - the case of the Gnosjo region; evaluating growth potential by contingency responsible interaction; international marketing strategies of Dutch small firms; competitiveness, autonomy and business relationships; the small and middle-sized enterprise in cross-national joint-ventures - a way of inducing renewal and increasing viability?; Japanese retail stores - regulation, demand and the dual labour market; entrepreneurial strategy-making (a Norwegian shipyard facing the Soviet market); the evolution of the flexible specialization system - some Italian experiences; the oscillating behaviour of small innovative firms - a model. Part 3 Networks: A relationships typology in firm networks; qualitative and structural changes in subcontracting firms - a micro-analytical approach to the study of inter-firms relationshipe; internationalizing subcontractors - is co-operative an alernative?; community brokers - their role in the formation and development of business ventures; barriers to active networks - small firms as subcontractors in a competitive region; beyond anarchy and organization - entrepreneurs in context. Part 4 Eastern Europe: Co-operation agreements between entrepreneurs from developed and developing countries - theoretical considerations and empirical evidence from Belgium; the transfer of organizational and enterprise patterns and the creation of market economy in Eastern Europe; women entrepreneurs in controlled economies - a Hungarian perspective; between Ikar's flight and Heron's boat - "the choice of the Bulgarian entrepreneur"; development of small business sector in Poland as the Fisher-Pry process. Part 5 Entrepreneurs: Entrepreneurial scripting; psychological profiling - implications for the training of entrepreneurs; successful women entrepreneurs in Fiji - their profile, vision and motivation, an exploratory study; gender and ownership in UK small firms. Part 6 Venture Capital: Financial structure and profitability of SMEs vs large firms - an international study; venture capital investment process in a decision theory framework; the impact of venture capital funding on small high technology manufacturing firms in the United Kingdom.