Entrepreneurship policies and the development of regional innovation systems: theory, policy and practice

Lawton Smith, Helen (2018) Entrepreneurship policies and the development of regional innovation systems: theory, policy and practice. In: Isaksen, A. and Martin, R. and Trippl, M. (eds.) New Avenues for Regional Innovation Systems - Theoretical Advances, Empirical Cases and Policy Lessons. New York, U.S.: Springer, pp. 239-256. ISBN 9783319716619.

Abstract

The regional innovation systems (RIS) approach tends to be short in the coverage of the importance of agency in the dynamics of economic change. This paper addresses this by putting the entrepreneur, which Schumpeter (Capitalism, socialism and democracy. Harper & Row, 1911/1934) placed at the heart of the analysis of economic change, as the driving force of regional innovation systems and associated policies. This is consistent with work by Feldman and Francis (Clusters and Regional Development, Routledge, 2006) who identified the entrepreneur as a regional agent of change. The paper provides an appraisal and synthesis of the regional innovation systems approach in relation to entrepreneurship policies. It addresses a number of areas where theoretical, empirical and policy-based issues are currently under-developed in relation to entrepreneurship and entrepreneurship policy. There are three major themes. The first is the agency of both entrepreneurs and entrepreneurship policies in an RIS. The second is the rationale for entrepreneurship policies in an RIS. The third relates to what do entrepreneurship policies look like in RIS and how they might be evaluated as contributing towards an RIS.

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