Entrepreneurship and Business

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1 Miguel-Angel Galindo Joaquin Guzman Domingo Ribeiro Editors Entrepreneurship and Business A Regional Perspective ~ Springer

2 Contents List of Contributors xi Introduction Miguel-Angel Galindo Martin, Joaquin Guzman Cuevas and Domingo Ribeiro Soriano Part I Entrepreneurship in the Regional Context 1 11 A General View on Regional Economics Paola Savi 1 Introduction 13 2 The Birth and Early Development ofregional Economics The Location ofeconomic Activity Regional Economic Development 16 3 An Overview on the Last Decades: Recent Research Trends From Regional Development to Local Development: Local Production Systems Knowledge Spillovers and the Theory of Clusters Krugman and the New Economic Geography The Milieu Innovateur Conclusions Issues in Regional Economics: The Economic Thought of Some Italian Authors of the Past Cristina Nardi Spiller and Stefano Zamberlan I Foreword 33 2 Antonio Genovesi's Contribution: Recommendations for the Promotion oflocal Development Fanno's Analysis ofpotential Comparative Advantage

3 vi Contents 4 Regional Disequi1ibria and the Role ofthe State in Giuseppe Di Nardi's Thought Final Remarks 47 Acknowledgements Entrepreneurial Structure From a Regional Perspective Joaquin Guzman and F. Javier Santos 1 Introduction 51 2 Analysis Levels ofentrepreneurship 53 3 Entrepreneurship: Entrepreneurial Function and Entrepreneurial Structure 54 4 Qualitative Characteristics of an Entrepreneurial Structure Entrepreneurial Density The Average Size offirrns Patrimonial Vulnerability Dominant Productive Sectors Functional Dependence Productive Dependence 61 5 The Entrepreneur: Functions and Quality-Based Entrepreneurial Orientation Main Functions Fulfilled by Entrepreneurs Quality-Based Entrepreneurial Orientation 64 6 Entrepreneurship and Regional Economic Models Endogenous Development Model and Entrepreneurial Structure A Regional Entrepreneurial Model Conclusions Entrepreneurship and Growth: The Need to Combine Micro and Macro Perspectives Villy Sogaard 1 Introduction 75 2 Entrepreneurship: A Two-Dimensiona1 Concept 76 3 Entrepreneurship in Context Research and Research Lacunae 79 5 The Innovative Dimension: A Necessary Deja Vu 83 6 Conc1usions

4 Contents vii Social Capital and Entrepreneurship in a Regional Context: The Case of Spanish Regions Mohsen Bahmani-Oskooee, Miguel-Angel Galindo and M Teresa Mendez Introduction Social Capital Definition Entrepreneurship and Social Capital Empirical Analysis Conclusion The Relationship Between Entrepreneurship and Economie Growth: A Review of Recent Research Achievements Dominiak Piotr and Marek Rekowski lntroduction Entrepreneurship and Economic Growth: Evidence from Empirical Studies Alternative Approaches to Entrepreneurship's Contents and Measure Intermediate Linkages and Entrepreneurial Tissue Networking and Entrepreneurship in Place Bengt Johannisson Organizations Vanish, Places Remain The Organizing Context as an Arena for Embedded Networking Processes Network Analysis as Puzz1e-Solving Reconceptualising the Organizing Context as a Socioeconomic Construet Some Implieations for Research, Praetice and Poliey 154 Referenees 158 The Quest for a New Development Poliey Antonio Vazquez-Barquero Introduetion Social and Territorial Effeets of Globalization The New Development Poliey Fostering Firm's Development and Cluster Diffusion ofinnovation and Knowledge 170

5 viii Contents 3.3 Building up Infrastructures for Loca1 Deve10pment New Govemance far Loca1 Deve10pment Diversity ofinterpretation The Popu1ist Approach The Human Deve10pment Approach The Evo1utionary Approach Endogenous Deve10pment an Approach for Action Part 11 Entrepreneurial Perspective of the Business 187 Clusters and Business Innovation Alvaro Cuervo-Garcia, Angeles Montoro-Scinchez and Ana Maria Romero-Martinez Introduction Delimiting Clusters: Definition and Characteristics A BriefTrip on Cluster Research What is a Cluster? Cluster Key Factors Clusters, Productivity and Business Innovation Clusters and the Increase in Productivity Clusters and the Increase in Innovation Final Discussion 201 Acknow1edgement Entrepreneurial Behaviour in Transition Environments David Smallbone and Friederike Weiter Introduction A Conceptua1 Framework to Analyse Entrepreneurial Behaviour Examp1es of Entrepreneurial Behaviour Ignoring and Circumventing the Legal Framework: Applying Evasion Strategies Coping with a Deficient Institutiona1 Framework: Financing a Business The Use ofpersonal Networks and Networking Conclusions

6 Contents ix Successful Rural Hosted Accommodation in Western Australia: Gender Matters Paull Weber and Jack Carlsen Introduction The Research Conducted Rural Fanning Families Career Stage and Lifestyle Gender Success in Hosted Accommodation Examining the Gender Differences in the Rural Businesses Condusions and Recommendations Universidad Sodal Capital and the Competitiveness of Entrepreneurs: A Review of the Literature and Proposals Mariel Fornoni, Francisco Mas-Verdu, Domingo Ribeiro Soriano and Salvador Roig Dob6n Introduction What is Social Capital? Social Capital, can it Really be Considered a Type of Capital? Measurement ofsocial Capital Social Capital and Competitiveness for Entrepreneurs Entrepreneurs and Competitiveness Conclusions 265,, 265 Entrepreneur and Organization: Symbiotic Change and Transition Emeric Solymossy Introduction Background,, Analyzing Growing (Evolving) Organizations Life-Cyde and Stage Theories Discussion ofstages and Transitions The Critical Transition Point Introduction ofprofessional Managers Challenges Faced by Growing Organizations Process of Achieving Structure 279

7 x Contents 10 He1ping the Entrepreneur's Evolution Conclusion 282 Acknow1edgement Female Entrepreneurship Nerys Fuller-Love Introduction Female Entrepreneurs Definitions Characteristics Economic Context Finance Growth Management Skills Technology and Innovation Women in Rural Areas Networks and Social Capital Govemment Policy Conc1usion

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