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Entrepreneurship, Social Capital, Governance and Regional Economic Development

Charlie Karlsson ()

No 278, Working Paper Series in Economics and Institutions of Innovation from Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies

Abstract: In this paper, we discuss three factors of critical importance for regional economic develop-ment, namely entrepreneurship, social capital and governance. We conclude firstly that the relationships between regional entrepreneurship, regional social capital, regional governance and regional economic development are complex and interdependent. Secondly, to influence these factors and the relationship between them policy-makers must have a long-term per-spective and be both patient and persistent in their efforts. It is our hope that this paper pro-vides both a somewhat better understanding of the relationships between regional entrepre-neurship, regional social capital, regional governance and regional economic development and some help to national and regional policy-makers in formulating and implementing the proper long-term regional policies needed.

Keywords: Regional economic development; entrepreneurship; social capital; governance (search for similar items in EconPapers)
JEL-codes: D70 G38 L26 R58 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2012-06-13
New Economics Papers: this item is included in nep-cse, nep-ent, nep-geo, nep-sbm, nep-soc and nep-ure
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Citations: View citations in EconPapers (6)

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