February 2016 Archives

Geographies of EntrepreneurshipThe aim of this chapter is to conceptually discuss differences in entrepreneurial dynamics in peripheral regions from a relational perspective. We argue that successful entrepreneurship in peripheral regions depends on two different types of relations, namely economic relations in a strict sense, consisting of relations firms form to acquire relevant business knowledge (heritage approach), and economic relations in a wider sense, consisting of relations entrepreneurs form to shape regional contexts (embeddedness approach). We assume that the competencies necessary to engage in such networks are the same for both types of relations. This aspect may explain differences between peripheral economies and their economic development.