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Regional Entrepreneurship and Innovation Management: Actors, Helices and Consensus Space

Author

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  • Emanuela TODEVA

    (St. Mary’s University, United Kingdom)

  • Panagiotis KETIKIDIS

    (University of Sheffield International Faculty, CITY College)

Abstract

Smart Specialization (S3) policies aim to mobilize innovation and entrepreneurial capabilities and to deliver job creation and economic growth through inter-regional cooperation. The foundation principles for this policy initiative are an entrepreneurial discovery process that aims to mobilize all stakeholders throughout all stages from conception to strategy implementation; government-led policy initiatives for selecting strategic investment priorities; and building triple helix consensus space for regional policy and strategy implementation. However, the key existing gap resides in a proper investigation of such a consensus space that would fulfill the S3 mission. In this context, this paper outlines the key developments in regional innovation and entrepreneurship that have emerged through the process of S3 development and implementation. The discussion starts with an overview of the challenges and barriers and policy response for building place-based consensus space. We look at critical questions that are addressed by national and regional authorities and the localized mobilization of entrepreneurial and innovation capabilities. Our analysis of the regional innovation and entrepreneurial systems focuses on individual actors within the triple helix model of university-industry and government and their interaction for building a consensus space. We conclude the paper with recommendations for enhanced facilitation and orchestration of inter-regional value chains.

Suggested Citation

  • Emanuela TODEVA & Panagiotis KETIKIDIS, 2017. "Regional Entrepreneurship and Innovation Management: Actors, Helices and Consensus Space," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 5(1), pages 57-76, March.
    • Handle: RePEc:nup:jrmdke:v:5:y:2017:i:1:57-76
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    References listed on IDEAS

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    Cited by:

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    2. Mona Roman & Henry Varga & Vladimir Cvijanovic & Alasdair Reid, 2020. "Quadruple Helix Models for Sustainable Regional Innovation: Engaging and Facilitating Civil Society Participation," Economies, MDPI, vol. 8(2), pages 1-15, June.
    3. Gabriela - Virginia POPESCU, 2017. "Innovation Perspectives in Local Administration at the Beginning of the "Age of Cities"," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 5(2), pages 175-201, June.
    4. Roman, Mona & Fellnhofer, Katharina, 2022. "Facilitating the participation of civil society in regional planning: Implementing quadruple helix model in Finnish regions," Land Use Policy, Elsevier, vol. 112(C).
    5. Mona ROMAN & Timo NYBERG, 2017. "Openness and Continuous Collaboration as the Foundation for Entrepreneurial Discovery Process in Finnish Regions," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 5(4), pages 517-531, December.
    6. Hanna Godlewska-Majkowska & Agnieszka Komor, 2020. "The Role of Intelligent Organisations in Creating Favourable Conditions for the Development of Entrepreneurship," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 1), pages 897-922.
    7. Ricard Esparza-Masana, 2022. "Towards Smart Specialisation 2.0. Main Challenges When Updating Strategies," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(1), pages 635-655, March.

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