Details
| Original language | English |
|---|---|
| Pages (from-to) | 445-461 |
| Number of pages | 17 |
| Journal | International Journal of Entrepreneurship and Innovation Management |
| Volume | 7 |
| Issue number | 2-5 |
| Early online date | 21 Mar 2007 |
| Publication status | Published - 2007 |
Abstract
This paper focuses on the causal chain of creation of new innovative firms, their regional causes (i.e. embeddedness) and their effects on regional economic development and the related entrepreneurship policies. Theoretical argumentation refers to the role of innovative new firms for regional growth on the one hand and on the influence of the regional environment on the existence and development of new innovative firms on the other. Empirical data stems from the European Regional Innovation Survey (ERIS). Results show that new innovative firms are more strongly embedded in a regional context than older firms, but, on the other hand, strong intraregional embeddedness coincides with a lower impact on regional employment, even if controlled for firm age or firm size. Thus, local entrepreneurship support policies need not focus primarily on intraregional networks for new innovative firms in order to make start-ups capable of surviving and growing. Rather, intraregional and interregional embeddedness ('local buzz' and 'global pipelines') should be strived for and supported by relevant policy programmes.
Keywords
- Entrepreneurship policies, ERIS, European Regional Innovation Survey, Innovativeness, New firms, Regional embeddedness
ASJC Scopus subject areas
- Business, Management and Accounting(all)
- Business and International Management
- Economics, Econometrics and Finance(all)
- Economics and Econometrics
- Business, Management and Accounting(all)
- Strategy and Management
- Business, Management and Accounting(all)
- Management of Technology and Innovation
Sustainable Development Goals
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In: International Journal of Entrepreneurship and Innovation Management, Vol. 7, No. 2-5, 2007, p. 445-461.
Research output: Contribution to journal › Article › Research › peer review
}
TY - JOUR
T1 - Innovative new firms, embeddedness and regional development
AU - Sternberg, Rolf
N1 - Copyright: Copyright 2020 Elsevier B.V., All rights reserved.
PY - 2007
Y1 - 2007
N2 - This paper focuses on the causal chain of creation of new innovative firms, their regional causes (i.e. embeddedness) and their effects on regional economic development and the related entrepreneurship policies. Theoretical argumentation refers to the role of innovative new firms for regional growth on the one hand and on the influence of the regional environment on the existence and development of new innovative firms on the other. Empirical data stems from the European Regional Innovation Survey (ERIS). Results show that new innovative firms are more strongly embedded in a regional context than older firms, but, on the other hand, strong intraregional embeddedness coincides with a lower impact on regional employment, even if controlled for firm age or firm size. Thus, local entrepreneurship support policies need not focus primarily on intraregional networks for new innovative firms in order to make start-ups capable of surviving and growing. Rather, intraregional and interregional embeddedness ('local buzz' and 'global pipelines') should be strived for and supported by relevant policy programmes.
AB - This paper focuses on the causal chain of creation of new innovative firms, their regional causes (i.e. embeddedness) and their effects on regional economic development and the related entrepreneurship policies. Theoretical argumentation refers to the role of innovative new firms for regional growth on the one hand and on the influence of the regional environment on the existence and development of new innovative firms on the other. Empirical data stems from the European Regional Innovation Survey (ERIS). Results show that new innovative firms are more strongly embedded in a regional context than older firms, but, on the other hand, strong intraregional embeddedness coincides with a lower impact on regional employment, even if controlled for firm age or firm size. Thus, local entrepreneurship support policies need not focus primarily on intraregional networks for new innovative firms in order to make start-ups capable of surviving and growing. Rather, intraregional and interregional embeddedness ('local buzz' and 'global pipelines') should be strived for and supported by relevant policy programmes.
KW - Entrepreneurship policies
KW - ERIS
KW - European Regional Innovation Survey
KW - Innovativeness
KW - New firms
KW - Regional embeddedness
UR - http://www.scopus.com/inward/record.url?scp=34248230215&partnerID=8YFLogxK
U2 - 10.1504/ijeim.2007.012893
DO - 10.1504/ijeim.2007.012893
M3 - Article
AN - SCOPUS:34248230215
VL - 7
SP - 445
EP - 461
JO - International Journal of Entrepreneurship and Innovation Management
JF - International Journal of Entrepreneurship and Innovation Management
SN - 1368-275X
IS - 2-5
ER -