The innovating region: toward a theory of knowledge‐based regional development
Open accessAbstract
This paper sets forth a model of knowledge‐based regional development conceived as a set of multi‐linear dynamics, based on alternative technological paradigms. Utilizing longitudinal data from a Swedish region, and international comparisons, four stages of development are identified: Inception, Implementation, Consolidation and Renewal. Innovation policy is created ‘bottom‐up’ as an outcome of ‘collective entrepreneurship’ through collaboration among business, government and academic actors – the ‘triple helix’. The key event is the creation of an entrepreneurial university, whether from an existing academic base or a new foundation, which takes initiatives together with government and industry to create a support structure for firm formation and regional growth. The result of these initiatives is a self‐sustaining dynamic in which the role of academia and government appears to recede as industrial actors come to the fore and a lineage of firms is created. Nevertheless, as one technological paradigm is exhausted and another one is needed as the base for new economic activity, the role of academia and government comes to the fore again in creating the conditions for the next wave of innovation.
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Entrepreneurial ecosystems play an important role for the foundation and growth of enterprises and determine the long-term prospects of regional development and sustainable urban development.
“Entrepreneurial ecosystems play an important role for the foundation and growth of enterprises (Isenberg, 2010) and determine the long-term prospects of regional development (Etzkowitz & Klofsten, 2005; Simatupang et al., 2015) and sustainable urban development (Wirtz & Volkmann, 2015).”
From Sustainable entrepreneurial ecosystems: an emerging field of research (2021) · cites this paper as Etzkowitz & Klofsten, 2005
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Sustainable entrepreneurial ecosystems: an emerging field of research
Volkmann, C., Fichter, K., Klofsten, M., & Audretsch, D. B. (2021) · Small Business Economics · doi:10.1007/s11187-019-00253-7 · Cited by 311 · see citing works
Self-citationDiverging Paths of Entrepreneurship in Transition Countries: A Comparative View
Dallago, B. (2017) · Societies and Political Orders in Transition · doi:10.1007/978-3-319-57342-7_23 · Cited by 4 · see citing works
- Authors
- Etzkowitz, H., & Klofsten, M.
- Affiliations
- State University of New York (US)
- Linköping University (SE)
- Venue
- R&D Management
- Publisher
- Wiley
- Published
- 2005-06
- Volume
- 35
- Issue
- 3
- Pages
- 243-255
- ISSN
- 0033-6807 (ISSN-L)
- 1467-9310
- OpenAlex
- W2158649933
- Cited by
- 598
- References
- 18
- Citations by year
- 2026: 12 · 2025: 21 · 2024: 31 · 2023: 32 · 2022: 41 · 2021: 35 · 2020: 37 · 2019: 45 · 2018: 33 · 2017: 40 · 2016: 37 · 2015: 36 · 2014: 26 · 2013: 36 · 2012: 30
- FWCI
- 26.45
- Type
- journal article
- Language
- en
- Open access
- green
- papers.ssrn.com
- Locations
- R and D Management (publishedVersion)
- SSRN Electronic Journal (submittedVersion)
- Newcastle University ePrints (Newcastle Univesity)
- Funders
- U.S. Department of Agriculture
- Link Foundation
- Topics
- Social Sciences › Business, Management and Accounting › Management of Technology and Innovation › University-Industry-Government Innovation Models
- Social Sciences › Development › Regional Development and Innovation
- Social Sciences › Business, Management and Accounting › Strategy and Management › Regional Economic Development and Innovation
- Keywords
- knowledge-based regional development, innovation policy, triple helix, entrepreneurial university, technological paradigms, regional innovation, collective entrepreneurship, firm formation, regional economic growth, industry-government-academia collaboration
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