The Importance of History for Entrepreneurial Activities: A Regional Perspective

Document type: Conference Papers
Peer reviewed: Yes
Author(s): Sabrina Florkowski
Title: The Importance of History for Entrepreneurial Activities: A Regional Perspective
Conference name: 5th European Conference on Entrepreneurship and Innovation
Year: 2010
Pagination: 209-216
ISBN: 978-1-906638-74-0
Publisher: Academic Conferences Ltd
City: Athens
ISI number: 000284262500023
Organization: Blekinge Institute of Technology
Department: School of Management (Sektionen för management)
School of Management S- 371 79 Karlskrona
+46 455 38 50 00
Language: English
Abstract: In this conceptual paper, the concept of path dependency is used as an interpretive lens to examine the relationship between entrepreneurship and regional development. A critical review of the path dependency literature showed that the concept needs to be complemented first to fit the purpose of this paper. Three suggestions have been made. By using path dependency as an interpretive lens, five interrelated propositions could be made addressing the suggested complements. First, discussing entrepreneurship in a regional context, three different dimensions of path dependency should be taken into consideration: the technological, cognitive and social dimension. So far the cognitive and social dimension of path dependency has been neglected. Second, entrepreneurial activities form a regional path which is linked to the industries within the region. Third, there are two different types of entrepreneurship, namely radical and related entrepreneurship. Fourth, the same types of entrepreneurship will trigger different regional development processes depending on the specific situation of the region. Fifth, entrepreneurs who possess new information from outside the region will more likely alter the path of the region.
Subject: Business Administration\Marketing
Business Administration\Management Control
Keywords: path dependency, entrepreneurship, regional development, innovation