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Entrepreneurship and Regional Economic Development

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Entrepreneurship and Regional Economic Development

A Spatial Perspective

9781843768906 Edward Elgar Publishing
Edited by Henri L.F. de Groot, Professor, VU University Amsterdam, Tinbergen Institute and Ecorys NEI, Peter Nijkamp, Adam Mickiewicz University, Poznan, Poland, Jheronimus Academy of Data Science (JADS) in ‘s-Hertogenbosch, the Netherlands and the Universitatea Alexandru Ioan Cuza din Iasi, Iasi, Romania and the late Roger R. Stough, formerly School of Policy, Government and International Affairs, George Mason University, US
Publication Date: October 2004 ISBN: 978 1 84376 890 6 Extent: 368 pp
In a shrinking and increasingly globalised world, it is vital for any entrepreneur to carefully select the location at which production or other economic activities will occur. This book provides a theoretical and empirical analysis of entrepreneurial behaviour in a spatial context, and links it to important new fields in economics such as endogenous growth theory, the new economic geography and evolutionary theory.

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In a shrinking and increasingly globalised world, it is vital for any entrepreneur to carefully select the location at which production or other economic activities will occur. This book provides a theoretical and empirical analysis of entrepreneurial behaviour in a spatial context, and links it to important new fields in economics such as endogenous growth theory, the new economic geography and evolutionary theory.

Although most of the literature to date has failed to study the geographic element of entrepreneurship, this book redresses the balance by examining the spatial variation in entrepreneurial activity and the implications of this for regional policy. The authors provide an in-depth analysis of the role of the entrepreneur in fostering economic development, document the most important recent theoretical and empirical developments, and explain the reasons why some regions grow whereas others stagnate. They also present a number of empirical analyses including case studies from the manufacturing and ICT sectors, as well as an examination of the role of university-based knowledge transfer and entrepreneurial behaviour. Throughout the book, the role of knowledge, knowledge transmission and knowledge spillovers are considered as they relate to entrepreneurial activity and location decisions.

This book presents many important new findings on the relationship between entrepreneurship, agglomeration and economic growth. It will make a substantial addition to the literature and will be essential reading for regional economists, geographers, business and management analysts, and development practitioners and policymakers.
Critical Acclaim
‘This is a book with several excellent and interesting contributions on spatial aspects of entrepreneurship and economic growth.’
– Hans Westlund, Papers in Regional Science

‘This is a most welcome volume of collected papers addressing a topic that has grown in importance in the recent past. . . This is an excellent collection of papers and while readers will not agree with all that is written there is plenty to provoke discussion and add to knowledge.’
– Geoff Whittam, Journal of Regional Science

‘Entrepreneurship had been high on the jobs growth and economic development agendas for many years and this edited book makes an important and timely contribution to the debate. . . the book is nicely poised to bring together space, innovation and economic growth linked together with entrepreneurship. . . This book provides an excellent and worthwhile insight into many of the issues with many contributions that significantly add to our understanding of entrepreneurship and regional development.’
– Ronald W. McQuaid, Growth & Change
Contributors
Contributors: R. Andergassen, T. Arita, S. Baum, F. Boekema, R. Capello, N. Clifton, P. Cooke, H.L.F. de Groot, P. Frank, G. Haag, J. High, H. Kyvik Nordås, P. Liedl, P. McCann, P. Nijkamp, A. Reggiani, R. Rutten, G. Shockley, D. Soetanto, A. Spairani, R.R. Stough, R.J. Stimson, L. Suarez-Villa, J.C.J.M. van den Bergh, M. van Geenhuizen
Contents
Contents: Preface 1. Introduction Part I: Entrepreneurship and Economic Development 2. Firm Behaviour and Organisation from an Evolutionary Perspective 3. The Roles of Entrepreneurship in Economic Growth: Toward a Theory of Total Factor Productivity 4. Technocapitalism and the New Ecology of Entrepreneurship Part II: Spatial Variation in Drivers of Economic Development 5. Spatial Variation in Social Capital Among UK Small and Medium-sized Enterprises 6. The Institutionalization and Endogenization of Venture Capital: A Regional Analysis of Northern Virginia in the 1990s 7. Human Capital and Regional Socio-economic Performance: Differential Patterns Across Australia’s Cities and Towns Part III: Empirical Case Studies 8. A Knowledge-based View on Innovation in Regional Networks: The Case of the KIC Project 9. The Role of Collective Learning in ICT Adoption and Use 10. Industrial Clusters and Regional Development: A Transactions-Costs Perspective on the Semiconductor Industry 11. Academic Knowledge and Fostering Entrepreneurship: An Evolutionary Perspective Part IV: Theoretical Approaches 12. Location of Engineering and Designer Services in the Information Economy 13. Firm Dynamics and Self-organised Criticality 14. Knowledge, Capital Formation and Innovation Behaviour in a Spatial Context Index
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