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Innovation modes and entrepreneurial behavioral characteristics in regional growth

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  • Roberta Capello

    (Politecnico di Milano)

  • Camilla Lenzi

    (Politecnico di Milano)

Abstract

This paper studies the relationship between entrepreneurship and regional growth by arguing that the entrepreneurship/growth relationship is mediated by the characteristics of the innovative environment in which new firms operate, which can explain the high volatility of the empirical results on the entrepreneurship/regional growth nexus existing in the literature. The innovation context represents the pool of discovery opportunities and of creative atmosphere that may explain the birth of an entrepreneurial activity. Moreover, these opportunities may or may not be grasped according to behavioral characteristics of regional entrepreneurs, interpreted as potential capacity to discover, risk orientation and strategic vision. We provide evidence of the complex and spatially heterogeneous interplay between regional innovation modes, entrepreneurial behavioral characteristics and economic growth for 252 NUTS2 regions of the European Union.

Suggested Citation

  • Roberta Capello & Camilla Lenzi, 2016. "Innovation modes and entrepreneurial behavioral characteristics in regional growth," Small Business Economics, Springer, vol. 47(4), pages 875-893, December.
    • Handle: RePEc:kap:sbusec:v:47:y:2016:i:4:d:10.1007_s11187-016-9741-x
    DOI: 10.1007/s11187-016-9741-x
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    Cited by:

    1. David Urbano & Sebastian Aparicio & David Audretsch, 2019. "Twenty-five years of research on institutions, entrepreneurship, and economic growth: what has been learned?," Small Business Economics, Springer, vol. 53(1), pages 21-49, June.
    2. Kathrin Bischoff, 2021. "A study on the perceived strength of sustainable entrepreneurial ecosystems on the dimensions of stakeholder theory and culture," Small Business Economics, Springer, vol. 56(3), pages 1121-1140, February.
    3. Markus Grillitsch & Mikhail Martynovich & Rune Dahl Fitjar & Silje Haus-Reve, 2021. "The black box of regional growth," Journal of Geographical Systems, Springer, vol. 23(3), pages 425-464, July.
    4. Tom Broekel & Rune Dahl Fitjar & Silje Haus-Reve, 2021. "The roles of diversity, complexity, and relatedness in regional development – What does the occupational perspective add?," Papers in Evolutionary Economic Geography (PEEG) 2135, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Nov 2021.
    5. Roberta Capello & Camilla Lenzi, 2019. "The nexus between inventors’ mobility and regional growth across European regions," Journal of Geographical Systems, Springer, vol. 21(4), pages 457-486, December.

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