Contents: 1. Globalization, international spillovers and sectoral changes: an introduction Charlie Karlsson, Andreas P. Cornett and Tina Wallin Part I General aspects of globalization 2. Does Culture Matter? The Role of Board Efficacy, Growth and Competitiveness in Western and Asian Corporate Governance Ossi Pesämaa and Martin Svensson 3. The impact of technology spillovers and international knowledge flows on the productivity and innovativeness of UK multinationals Gary Cook, Yevgeniya Shevtsova and Hans Lööf 4. How does distance determine multinational location choice? A literature review Trudy-Ann Stone Part II Sector-specific transformations 5. Yanagiya: One of the Best Practice Manufacturing SMEs in Japan Makoto Hirano, Mitsuhiro Kurashige and Kiyonori Sakakibara 6. ICT as a driver of innovation: a life cycle approach Ola Olsson Part III Implications for regions in general 7. Knowledge-based Strategies and Sources of Growth in Small and Medium-sized Cities: A lesson from the literature Amjad Naveed 8. Location, Location, Location: Place-Specific Human Capital, Rural Firm Entry and Firm Survival Georgeanne M. Artz, Zizhen Guo, and Peter F. Orazem 9. Succeeding Generations, Changing Trajectories: Influences of Generational Transition on Local Development Experiences Ozan Hovardaoğlu 10. The Swedish commuting pattern: A gravity model of commuting, with housing-expenditure and income constraints Michael Olsson Part IV Implications for cross-border regions 11. Employment and economic activity in different Swedish border regions Tobias Arvemo and Urban Gråsjö 12. Identifying potential human capital creation within the Cross-Border Institutional Thickness model in the Rhine-Waal Region Nino Javakhishvili-Larsen, Andreas P. Cornett, and Martin Klatt Index