The introduction of endogenous growth theory has led to new interest in the role of the entrepreneur as an agent driving technical change at the local regional level. This book examines theoretical and methodological issues surrounding the interface of the entrepreneur in regional growth dynamics on the one hand and on the other presents illuminating case studies. In total the book’s contributions amplify understanding of such critical issues as the relationship between innovation and entrepreneurship, the entrepreneur’s role in transforming knowledge into something economically useful, and knowledge commercialization with both conceptual and empirical contributions.
The emergence of endogenous growth theory has unleashed a flurry of new hypotheses and related inquiries that have in turn created an exciting dynamic in the conceptual, theoretical and empirical foundations of the field. A central feature has been the recognition that local initiatives matter in how regions grow and adjust to changes and shocks. Moreover, it is the role of technical change, driven by entrepreneurs, that motivates these initiatives. This volume begins by outlining and explaining the theory and method behind entrepreneurship and development. This is followed by specific case studies of practice and policy. These cases are region specific, offering the reader concrete, empirically based research results.
Scholars and students in economics, entrepreneurship and public policy will find this volume a valuable tool in understanding the latest research in regional economic development.
The introduction of endogenous growth theory has led to new interest in the role of the entrepreneur as an agent driving technical change at the local regional level. This book examines theoretical and methodological issues surrounding the interface of the entrepreneur in regional growth dynamics on the one hand and on the other presents illuminating case studies. In total the book’s contributions amplify understanding of such critical issues as the relationship between innovation and entrepreneurship, the entrepreneur’s role in transforming knowledge into something economically useful, and knowledge commercialization with both conceptual and empirical contributions.
The emergence of endogenous growth theory has unleashed a flurry of new hypotheses and related inquiries that have in turn created an exciting dynamic in the conceptual, theoretical and empirical foundations of the field. A central feature has been the recognition that local initiatives matter in how regions grow and adjust to changes and shocks. Moreover, it is the role of technical change, driven by entrepreneurs, that motivates these initiatives. This volume begins by outlining and explaining the theory and method behind entrepreneurship and development. This is followed by specific case studies of practice and policy. These cases are region specific, offering the reader concrete, empirically based research results.
Scholars and students in economics, entrepreneurship and public policy will find this volume a valuable tool in understanding the latest research in regional economic development.
Contents:
PART I: THEORY AND METHODS IN ENTREPRENEURSHIP AND DEVELOPMENT
1. New Directions in Regional Economic Development: An
Introduction
Roger R. Stough, Sameeksha Desai and Peter Nijkamp
2. The Entrepreneur in Economic Theory
Ronald W. McQuaid
3. A Contemporary Perspective on Public Sector Venture
Capitalism
John Sacco and Odd J. Stalebrink
4. Determinants and Impact of Entrepreneurship Capital: The Spatial
Dimension and a Comparison of Different Econometric Approaches
David Audretsch, Werner Bönte and Max Keilbach
5. The Design of Industrial Models: Addressing Cooperative
Behaviours, Innovation and Public Policy
Maria Teresa de Noronha Vaz
6. Differentials in Industrial Structure and Human Capital
Performance Across Australia’s Regions and the Settlement
System
Robert J. Stimson
7. Innovation Clusters Linking Regions
Brigitte Preissl
PART II: CASE STUDIES INCLUDING PRACTICE AND POLICY
8. Explaining China’s Economic Growth: Does Entrepreneurship
Matter?
Junbo Yu, Shaoming Cheng and Roger R. Stough
9. Knowledge Accessibility and New Firm Formation
Charlie Karlsson and Kristina Nyström
10. Migrant Female Entrepreneurship: Driving Forces, Motivation and
Performance
Tüzin Baycan-Levent and Peter Nijkamp
11. Industrial Effects on Resource Acquisition: Immigrant
Enterprises in Kista, Stockholm
Tobias Dalhammar and Terrence E. Brown
12. The Entrepreneurial Environment: Business Incubation in the
Charlotte Metropolitan Region
Peter M. Frank
13. University Spin-offs: An Exploration of Age-patterns of
Obstacles to Growth
Marina van Geenhuizen and Danny P. Soetanto
14. FDI Inflows to Sweden: Consequences for Innovation and
Renewal
Börje Johansson and Hans Lööf
Index
Edited by Sameeksha Desai, School of Public and Environmental Affairs, Indiana University, Bloomington, US, Peter Nijkamp, Professor Emeritus, Vrije Universiteit Amsterdam, the Netherlands, the Centre for European Studies, Universitatea Alexandru Ioan Cuza din Iasi, Romania and the School of Public Policy and Management, Tsinghua University, China and the late Roger R. Stough, formerly School of Policy, Government and International Affairs, George Mason University, US
‘This volume is a timely and well-rounded contribution to the
literature on the role of entrepreneurship in regional economic
development. It should not be confused with several other
publications with similar titles and entrances to this field and
the editors offer a strong rationale for considering this book for
purchase. . . Such a publication is somewhat overdue as there are
few such book collections on the market setting discussions about
entrepreneurship into a regional context.’
*Mike Danson, International Journal of Entrepreneurship &
Innovation*
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