TY - CHAP
T1 - Local Industry Structure as a Resource-Base for Entrepreneurship
T2 - Implications for Smart Specialization Strategies
AU - Andersson, Martin
AU - Koster, Sierdjan
PY - 2017/1
Y1 - 2017/1
N2 - Entrepreneurial discovery is a key element in the Smart Specialization policy concept (Foray 2009, McCann and Ortega-Argiles, 2016). It is advanced as a main mechanism, or driving force, through which development is instigated, and it is motivated with reference to Schumpeterian ideas of recombinations of local resources for innovation (Schumpeter 1912, Frenken and Boschma 2007). Smart specialization is meant to develop regional economies by stimulating diversification and expansion of industry. This involves entrepreneurship and scaling up of Small and Medium-sized Enterprises (SMEs) through experimentation, for example by entering new market niches, as well as embeddedness in (global) value chains.
AB - Entrepreneurial discovery is a key element in the Smart Specialization policy concept (Foray 2009, McCann and Ortega-Argiles, 2016). It is advanced as a main mechanism, or driving force, through which development is instigated, and it is motivated with reference to Schumpeterian ideas of recombinations of local resources for innovation (Schumpeter 1912, Frenken and Boschma 2007). Smart specialization is meant to develop regional economies by stimulating diversification and expansion of industry. This involves entrepreneurship and scaling up of Small and Medium-sized Enterprises (SMEs) through experimentation, for example by entering new market niches, as well as embeddedness in (global) value chains.
UR - http://www.scopus.com/inward/record.url?scp=85024877774&partnerID=8YFLogxK
U2 - 10.4324/9781315526218-13
DO - 10.4324/9781315526218-13
M3 - Chapter
AN - SCOPUS:85024877774
SN - 9781138695757
T3 - Regions and Cities
SP - 39
EP - 56
BT - The empirical and institutional dimensions of smart specialisation
A2 - McCann, Phil
A2 - Van Oort, Frank
A2 - Goddard, John
PB - Routledge
CY - Abingdon
ER -