Benedict C. Doepfer critically analyzes a networked approach to value creation processes of young knowledge-intensive entrepreneurial firms and assesses precise strategies and tactics in a regional context. He introduces the concept of co-innovation competence which he also examines empirically. The research results indicate that entrepreneurs follow a specific approach towards networking: They minimize transaction costs by applying an on-demand-based perspective of networking. In this case entrepreneurs relate to regional innovation promoters as knowledge and relational brokers and also reach beyond regional networks to exploit structural holes.
Inhalt:
Open-Innovation
Regional Innovation Systems
Entrepreneurial Networks
Social Capital
Promoters
Zielgruppen:
Researchers and students in the economic sciences with a focus on innovation and technology management, and economic geography; entrepreneurs.
Der Autor:
Benedict C. Doepfer holds a Ph.D. in Business Administration and is a research affiliate to the Center for Entrepreneurship of the Catholic University Eichstaett-Ingolstadt.
Autorentext
Benedict C. Doepfer holds a Ph.D. in Business Administration and is a research affiliate to the Center for Entrepreneurship of the Catholic University Eichstaett-Ingolstadt.
Zusammenfassung
This work contributes to entrepreneurship research and offers practical implications for entrepreneurs and entrepreneurship promotors by critically analyzing a networked approach to value creation processes of young knowledge-intensive entrepreneurial firms and assessing precise strategies and tactics for entrepreneurial firms to exploit these structures. In this context the concept of co-innovation competence is introduced and empirically analyzed. Results indicate that entrepreneurs follow a specific approach towards networking minimizing transaction costs taking an on-demand-based perspective of networking. In this case entrepreneurs may relate to regional innovation promotors and also reach beyond regional structures to explore suitable partners and exploit structural holes.
Inhalt
Open-Innovation.- Regional Innovation Systems.- Entrepreneurial Networks.- Social Capital Promotors.