High growth firms, jobs and peripheral regions: the case of Scotland

Mason, Colin; Brown, Ross; Hart, Mark; Anyadike-Danes, Michael

doi:10.1093/cjres/rsu032

Cited by 50 publications

(55 citation statements)

References 58 publications

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“…This is evident in the fact some locations see more start-ups scale up into larger businesses, large-scale exits and high levels of IPOs (Coutu, 2014). In some regions with low entrepreneurial cultures, many promising start-ups and HGFs become sold off prematurely (Mason et al, 2015;Spigel, 2015). 4 Even the majority of the lauded Israeli start-up population end up being acquired by US firms (Senor and Singer, 2009).…”

Section: Entrepreneurial Culturementioning

confidence: 99%

“…For example, many are geographically centred in one location and are based around a core cluster or clusters of related industrial activities like the oil and gas industry in Calgary (Spigel, 2015). Indeed, work in Scotland found that nearly a third of Scottish HGFs relied on the oil and gas sector for the majority of their revenue (Mason et al, 2015). This sectoral dependency clearly makes some of these firms heavily dependent on a cyclical resource.…”

Section: Conceptualising Entrepreneurial Ecosystemsmentioning

confidence: 99%

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Looking inside the spiky bits: a critical review and conceptualisation of entrepreneurial ecosystems

2017

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The concept of entrepreneurial ecosystems has quickly established itself as one of the latest 'fads' in entrepreneurship research. At face value, this kind of systemic approach to entrepreneurship offers a new and distinctive path for scholars and policy makers to help understand and foster growth-oriented entrepreneurship. However, its lack of specification and conceptual limitations has undoubtedly hindered our understanding of these complex organisms. Indeed, the rapid adoption of the concept has tended to overlook the heterogeneous nature of ecosystems. This paper provides a critical review and conceptualisation of the ecosystems concept: it unpacks the dynamics of the concept; outlines its theoretical limitations; measurement approaches and use in policy-making. It sets out a preliminary taxonomy of different archetypal ecosystems. The paper concludes that entrepreneurial ecosystems are a highly variegated, multi-actor and multi-scalar phenomenon, requiring bespoke policy interventions.

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Section: Entrepreneurial Culturementioning

confidence: 99%

Section: Conceptualising Entrepreneurial Ecosystemsmentioning

confidence: 99%

Looking inside the spiky bits: a critical review and conceptualisation of entrepreneurial ecosystems

2017

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“…Pike examined the role of local institutions and governance in shaping regional resilience [38]. The role of other factors, such as location and the presence of high growth firms have been examined as well [39,40].…”

Section: Determinants Of Regional Resiliencementioning

confidence: 99%

Regional Economic Resilience: Resistance and Recoverability of Resource-Based Cities during Economic Crises in Northeast China

Tan

Fang-dao

et al. 2017

Sustainability

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This paper quantitatively analyzes the economic resilience of resource-based cities (RBCs) in Northeast China in terms of resistance and recoverability during two economic crises: the Asian financial crisis and the global financial crisis. Moreover, it analyzes the main factors that affected regional resilience. There are three main findings. First, the RBCs in general demonstrated poor resistance during both recessions, but there were variations among the different types of RBCs. Petroleum and metal cities demonstrated the most resistance, whereas coal cities performed the worst. Second, the influential factors affecting economic resilience varied across the two economic cycles, but location advantage, research and development (R and D) intensity, foreign trade dependence ratio, and supporting policies had positive effects on resilience during both economic cycles, while the proportion of employed persons in resource industries had a negative effect. Industrial diversity had a weak and ambiguous effect on resilience. Third, the secondary industry was more resilient during the Asian financial crisis, but the tertiary industry was more resilient during the global financial crisis. This shift may be attributed to both the nature of the crises and the strength of the sectors at the time of the crises.

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“…Moreover, enterprise policy in the UK has been conceived nationally with little sensitivity to local contexts (Huggins and Williams 2011), and consequently achieved little in reducing spatial and socio-economic disparities (Gardiner et al 2013). Indeed, there has in fact been a widening of the divide between core and peripheral economic places (Mason et al 2015), not only at the interregional but also intraregional level. This highlights the necessarily heterogeneous local responses in adapting to shocks.…”

Section: Introductionmentioning

confidence: 99%

Entrepreneurship and local economic resilience: the impact of institutional hysteresis in peripheral places

2017

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This article examines how the legacies of the past in peripheral post-industrial places serve to shape current and future entrepreneurial activity, and with it local economic resilience. Drawing on in-depth qualitative interviews with key regional stakeholders, the article reveals how peripheral post-industrial places are constrained by their histories. This is found to be manifest in different ways, such as low aspirations, generational unemployment and a loss of identity which are in turn compounded by negative perceptions of place and opportunity. These issues culminate in institutional hysteresis at the local level and constrain entrepreneurial ambition. The article argues that the rigidity and reproduction of informal institutions continues to stymie economic resilience and growth. We conclude by reflecting on the implications for entrepreneurship in peripheral post-industrial places as well as with recommendations for policy.

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High growth firms, jobs and peripheral regions: the case of Scotland

Cited by 50 publications

References 58 publications

Looking inside the spiky bits: a critical review and conceptualisation of entrepreneurial ecosystems

Looking inside the spiky bits: a critical review and conceptualisation of entrepreneurial ecosystems

Regional Economic Resilience: Resistance and Recoverability of Resource-Based Cities during Economic Crises in Northeast China

Entrepreneurship and local economic resilience: the impact of institutional hysteresis in peripheral places

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