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Entrepreneurial culture in innovative biotech clusters in Europe

Author

Listed:
  • Huub J.M. Ruël
  • Polina Frolova
  • Aard Groen

Abstract

This paper presents a study on the determinants of entrepreneurial culture in innovative biotech clusters. A literature review led to the identification of nine determinants. For the empirical study four clusters in Western Europe with a high entrepreneurial culture were selected. Cluster participants were invited to fill out a questionnaire. In addition semi-structured interviews were held with selected participants in order to get in-depth information from cluster participants. Social networks, company role models, and funding seemed to be the most important determinants of an entrepreneurial culture in biotech clusters. Moreover, the findings suggest that determinants are interrelated, and that some are indirectly influencing entrepreneurial culture while others are directly determining entrepreneurial culture.

Suggested Citation

  • Huub J.M. Ruël & Polina Frolova & Aard Groen, 2012. "Entrepreneurial culture in innovative biotech clusters in Europe," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 17(2), pages 249-263.
    • Handle: RePEc:ids:ijesbu:v:17:y:2012:i:2:p:249-263
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