Knowledge intensive entrepreneurship lies at the core of the structural shift necessary for the growth and development of a knowledge based economy, yet research reveals that the EU has fewer young leading innovators, and Europe’s new firms do not adequately contribute to industrial growth. This is especially true in the high R&D intensive, high-tech sectors. This structural malaise, undermining Europe’s growth potential, is well diagnosed, but poorly understood.
This volume fills this important gap by exploring new firms that have significant knowledge intensity in their activity and develop and exploit innovative opportunities in diverse sectors. Through an evolutionary and systemic approach to entrepreneurship, focusing on knowledge intensive entrepreneurship as both a micro and a macro phenomena and analyzing firms in the context of various socio-economic models, the authors explore firms creation and origins around the world, their organization, strategies and business models as well as the role of innovation systems and institutions in their formation and growth.
This comprehensive research text is vital reading for academics, researchers and students of high-tech and knowledge intensive entrepreneurship as well as those with an interest in industrial dynamics, innovation management and public policy.
1. Introduction Part I: Survey and Case Studies 2. Conceptualizing Knowledge-intensive Entrepreneurship: Definition and Method 3. The AEGIS Survey: A quantitative analysis of new entrepreneurial ventures in Europe 4. Knowledge-intensive Entrepreneurship: Exploring a taxonomy based on the AEGIS survey 5. Managing Risk in New Entrepreneurial Ventures 6. Structuring the Process of Knowledge-intensive Entrepreneurship: Empirical evidence and descriptive insights from 86 AEGIS case studies 7. Opportunities and Knowledge-intensive Entrepreneurship: A meta-analysis of 86 AEGIS case studies of ventures Part II: Sectors 8. Knowledge-intensive Entrepreneurship in Different Sectoral Systems: A taxonomy 9. Knowledge-intensive Entrepreneurship in Low-technology Industries 10. Dynamic Capabilities in Young Knowledge-intensive Firms: An empirical approach 11. How Networks and Sectoral Conditions Affect Commercialization in a KIE Venture in the Medical Technology Industry: A case study of Aerocrine 12. Competing for Product Innovation in Knowledge-intensive Industries: The case of the digital audio players Part III: Countries 13. Entrepreneurial Orientations of Knowledge-based Enterprises in Central and East Europe 14. The Determinants of Innovation: A patent- and trademark-based analysis for the EU regions 15. Knowledge Based Entrepreneurship and Emerging Economies Part IV: Policy 16. Public Policy for Knowledge-intensive Entrepreneurship: Implications from the perspective of innovation systems