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Regional entrepreneurial ecosystems: Technological transformation, digitalisation and the longer term—The automotive and ICT sectors in the UK and Bulgaria

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  • Chiara N Focacci
  • Vassil Kirov

Abstract

We investigate how regional entrepreneurial ecosystems have adapted to the information revolution as a techno-economic paradigm since the 1960s. Particularly, we look at how the organisation of firms and labour has changed in the automotive and ICT sectors in, respectively, the UK and Bulgaria. Findings show that, in both countries, it was the degree of cooperation between the local enterprises, research institutions and the government that enabled successful innovation in the regional clusters of the West Midlands and Sofia. The resulting ecosystems allowed, on the one hand, the already mature automotive sector in the UK to survive and, on the other hand, the newly developed ICT sector to be installed successfully in Bulgaria.

Suggested Citation

  • Chiara N Focacci & Vassil Kirov, 2021. "Regional entrepreneurial ecosystems: Technological transformation, digitalisation and the longer term—The automotive and ICT sectors in the UK and Bulgaria," Local Economy, London South Bank University, vol. 36(1), pages 56-74, February.
    • Handle: RePEc:sae:loceco:v:36:y:2021:i:1:p:56-74
    DOI: 10.1177/02690942211025776
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