Entrepreneurial innovation: The importance of context |
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| Authors: | Erkko Autio Martin Kenney Philippe Mustar Don Siegel Mike Wright |
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| Affiliation: | 1. Enterprise Research Centre, Imperial College Business School, Tanaka Building, South Kensington Campus, London, United Kingdom;2. Department of Human and Community Development, University of California, Davis, Davis, CA 95616, United States;3. Berkeley Roundtable on the International Economy, University of California, Berkeley, United States;4. Mines ParisTech, 60 Boulevard Saint-Michel, 70006 Paris, France;5. School of Business, University at Albany, SUNY, 1400 Washington Avenue, Albany, NY 12222, United States;6. Ghent University, Faculty of Economics and Business Administration, Hoveniersberg 4, Gent, Belgium |
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| Abstract: | The purpose of this article and the special issue is to improve our understanding of the theoretical, managerial, and policy implications of entrepreneurial innovation. We accomplish this objective by examining the role of context in stimulating such activity, as well as its impact on the outcomes of entrepreneurial innovation. Our analysis begins by outlining an overarching framework for entrepreneurial innovation and context. With reference to this framework we then compare the attributes of national innovation systems, entrepreneurship and entrepreneurial innovation, and categorize contextual influences on entrepreneurial innovation. We then situate the papers presented in this special issue within this framework. We conclude by outlining an agenda for additional research on this topic, focusing on the relationships between contexts and entrepreneurial innovation and then discuss policy implications, focusing on how public and private actors can meet these challenges. |
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| Keywords: | Entrepreneurial innovation Entrepreneurial ecosystems Innovation systems Entrepreneurial context Entrepreneurship policy |
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