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Place-based entrepreneurship and innovation policy for industrial diversification

Markus Grillitsch ()

No 2018/3, Papers in Innovation Studies from Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy

Abstract: This paper proposes a conceptual and analytical framework for the development of place-based entrepreneurship and innovation policies aiming at industrial diversification. The starting point for this paper is the entrepreneurial ecosystem concept, which is frequently used to inform such policies. However, this concept does not specify the causal mechanisms driving industrial diversification. Furthermore, it remains questionable to what extent the concept can be applied to different regional contexts. In order to address these shortfalls, this paper i) discusses the barriers and opportunities for industrial diversification in different regional contexts, and ii) introduces a place-based policy framework for new industrial path development through entrepreneurship and innovation policies.

Keywords: economic diversification; new industrial path development; innovation; entrepreneurship; entrepreneurial ecosystems; place-based policy (search for similar items in EconPapers)
JEL-codes: L50 O10 O30 O38 R10 R58 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ent, nep-geo, nep-ind, nep-sbm, nep-tid and nep-ure
Date: 2018-02-06
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Citations: View citations in EconPapers (3) Track citations by RSS feed

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