Keim, Jan (2024). Depolarizing innovation: Dynamic policy implications for entrepreneurial ecosystems in second-tier European regions Junior Management Science, 9(1), pp. 1211-1240. Ludwig-Maximilians-Universität München 10.5282/jums/v9i1pp1211-1240
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Entrepreneurial ecosystem (EE) research has mainly focused on metropolitan regions and neglected second-tier (European) regions. I use a comparative case study approach with a focus on regional public policy to analyze two second-tier European regions: Uppsala and Galway. The results show that EEs can emerge as a by-product of attracting foreign direct investment or investment in higher education and research. In both cases, the R&D activities of multinational enterprises (MNEs) and universities contribute to the emergence and growth of EEs by enabling the creation of spin-offs. Given the limited resources in second-tier regions, EE initially focus on specific industry clusters to maximize resource efficiency. Later diversification increases ecosystem resilience and mitigates cluster risks. However, limited access to growth capital in second-tier EEs leads to increased acquisition activity by MNEs or the relocation of high-growth ventures to metropolitan areas. Policy measures that support second-tier regions’ efforts to create local EEs initially focus on promoting R&D, knowledge spillovers, and research commercialization, later include the creation of supportive infrastructure, and finally enable the attraction of growth capital to the region.
Item Type: |
Journal Article (Original Article) |
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Division/Institute: |
Business School > Institute for Innovation and Strategic Entrepreneurship Business School > Institute for Innovation and Strategic Entrepreneurship > Strategic Entrepreneurship Business School |
Name: |
Keim, Jan |
Subjects: |
H Social Sciences > H Social Sciences (General) |
ISSN: |
2942-1861 |
Publisher: |
Ludwig-Maximilians-Universität München |
Language: |
English |
Submitter: |
Jan Keim |
Date Deposited: |
27 Mar 2024 11:25 |
Last Modified: |
27 Mar 2024 11:25 |
Publisher DOI: |
10.5282/jums/v9i1pp1211-1240 |
Uncontrolled Keywords: |
economic geography; entrepreneurial ecosystems; public policy; second-tier regions; spatial context |
ARBOR DOI: |
10.24451/arbor.21681 |
URI: |
https://arbor.bfh.ch/id/eprint/21681 |
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