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Policy and collective action in place
Open accessAbstract
The role of policy is often misunderstood, either revered as a panacea or despised as a barrier to change. This is especially true in the process of regional transformation. This article develops a case of economic development policy as an adaptive and improvisational process: effective policy is endogenous and the result of negotiations and power relationships. Transforming a regional economy involves myriad policy actions so subtle and so numerous that they can easily be overlooked. The article conceptualises effective policy as the continuous culmination of programmatic adjustments in response to changing conditions, and opportunistic pivots to adjust to new circumstances. Creating innovative, entrepreneurial ecosystems challenge our existing economic models and suggest that complexity requires new conceptualisations of policy and planning.
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“Furthermore, entrepreneurial ecosystems emphasize the role of 'place' and provide a lens for understanding regional transformation through entrepre -neurial action (Audretsch, 2015; Feldman & Lowe, 2018; O'Connor et al., 2018).”
From Toward an Entrepreneurial Ecosystem Research Program (2022) · cites this paper as Feldman & Lowe, 2018
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“Instead ecosystems are adaptive and evolve through interactions of individuals with different motivations (including non- market forces)”
From Toward an Entrepreneurial Ecosystem Research Program (2022) · cites this paper as Feldman, M. P., & Lowe, N. J. (2018)
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Cited by
Sorted by citations
Toward an Entrepreneurial Ecosystem Research Program
Wurth, B., Stam, E., & Spigel, B. (2022) · Entrepreneurship Theory and Practice · doi:10.1177/1042258721998948 · Cited by 789
“Actors within an ecosystem might have varying motivations, even to the point of conflicting agendas ( Feldman & Lowe, 2018) and might perceive institutions and, by extension, interventions, differently ( Lowe & Feldman, 2017).”
Metadata
- Authors
- Feldman, M., & Lowe, N.
- Affiliations
- University of North Carolina at Chapel Hill (US)
- Corresponding author
- Feldman, Maryann
- Venue
- Cambridge Journal of Regions, Economy and Society
- Publisher
- Oxford University Press (OUP)
- Published
- 2018-05-14
- Volume
- 11
- Issue
- 2
- Pages
- 335-351
- ISSN
- 1752-1378 (ISSN-L)
- 1752-1386
- OpenAlex
- W2804224335
- Cited by
- 53
- References
- 1
- Citations by year
- 2026: 6 · 2025: 9 · 2024: 7 · 2023: 7 · 2022: 11 · 2021: 5 · 2020: 2 · 2019: 4 · 2018: 2
- FWCI
- 14.14
- Type
- journal article
- Language
- en
- Open access
- bronze
- doi.org
- Locations
- Cambridge Journal of Regions Economy and Society (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Funders
- National Science Foundation
- Kauffman Foundation
- Topics
- Social Sciences › Political Science and International Relations › Regional Development and Policy
- Social Sciences › Geography, Planning and Development › Local Economic Development and Planning
- Social Sciences › Development › Regional Development and Innovation
- Keywords
- economic development policy, regional transformation, collective action, endogenous policy, power relations, policy negotiation, entrepreneurial ecosystems, innovation ecosystems, adaptive policy, regional planning
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