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Knowledge Intensive Entrepreneurship
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Knowledge Intensive Entrepreneurship

The Birth, Growth and Demise of Entrepreneurial Firms

9781848449909 Edward Elgar Publishing
Frédéric Delmar, Professor, EMLYON Business School, France and Research Institute of Industrial Economics, Sweden and Karl Wennberg, Stockholm School of Economics and Institute of Analytical Sociology, Linköping University, Sweden
Publication Date: 2010 ISBN: 978 1 84844 990 9 Extent: 208 pp
How and why are firms created, expanded and terminated by entrepreneurs in the knowledge intensive economy? The authors show these entrepreneurship processes are firmly embedded in a given social and economic context, that shapes the process by which some individuals discover entrepreneurial opportunities, creating new firms that sometimes grow to remarkable size, but more often stay mundane or eventually exit.

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How and why are firms created, expanded and terminated by entrepreneurs in the knowledge intensive economy? The authors show these entrepreneurship processes are firmly embedded in a given social and economic context, that shapes the process by which some individuals discover entrepreneurial opportunities, creating new firms that sometimes grow to remarkable size, but more often stay mundane or eventually exit.

The authors expertly provide a theoretical and empirical examination of new knowledge intensive firms over their whole life cycle using a unique set of matched employee–employer data containing over three million individuals and over 200,000 firms. With theoretical pillars anchored in industrial organization economics, evolutionary organization theory, and entrepreneurship research, this book presents a detailed investigation of the entrepreneurial processes of firm entry, growth, and their eventual demise.

This insightful book will prove to be invaluable for business policymakers as well as postgraduate students and researchers in management, economics, and entrepreneurship.
Critical Acclaim
‘In this important monograph on entrepreneurship in the technology-intensive industries in Sweden between 1989 and 2002, Delmar and Wennberg adopt an evolutionary view. Their multi-level analysis of firm entry, exit, and growth gives empirical content to their imaginative and eclectic blend of industrial economics, organizational ecology, organization theory, and labor market economics. I highly recommend this book to anyone interested in the forces affecting entrepreneurs in the technologically dynamic sectors of advanced capitalist economies.’
– Howard Aldrich, University of North Carolina, US

‘Knowledge Intensive Entrepreneurship taps into a growing trend of entrepreneurship research which recognises that not all start-ups are the same – and specifically that knowledge-intensive firms are important drivers of economic development. By focusing on the birth, growth and exit of knowledge-intensive firms, this book is a valuable addition to the literature which should be of vital interest to scholars and policy-makers alike.’
– Simon C. Parker, The University of Western Ontario, Canada
Contents
Contents: Preface 1. The Role of Entrepreneurship and New Firm Dynamics for Economic Development 2. The Knowledge Intensive Sector: Theoretical Concerns, Research Design and Data 3. Birth of New Firms: The Geography Connection with Karin Hellerstedt 4. Firm Exit 5. De Novo and Spinout Start-ups: The Organization Connection 6. Firm Growth 7. Concluding Remarks References Index
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