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The geography of talent: entrepreneurship and local economic development in Oxfordshire

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  • Helen Lawton Smith
  • John Glasson
  • Andrew Chadwick

Abstract

This paper considers the interaction of stocks of talent, entrepreneurship, processes of institutionalization and networking in local development. The main theme is that although innovation necessarily involves social networks and collective action, it should not be overlooked that the quality of those networks is dependent on the quality or talent of individuals who have initiated particular developments. The paper argues that the literature on local and regional development tends to overlook the agency of individuals and that to do so ignores processes that lead to the distinctive characteristics of localities. Using Oxfordshire as a case study, it demonstrates how the expertise of talented individuals has been translated in the fastest growing high-tech economy in the UK. This has brought visibility to the county's techno-economic and institutional achievements feeding into high-level professional and political policy agendas.

Suggested Citation

  • Helen Lawton Smith & John Glasson & Andrew Chadwick, 2005. "The geography of talent: entrepreneurship and local economic development in Oxfordshire," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 17(6), pages 449-478, November.
  • Handle: RePEc:taf:entreg:v:17:y:2005:i:6:p:449-478
    DOI: 10.1080/08985620500247819
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    References listed on IDEAS

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    1. Crouch, Colin & Gales, Patrick Le & Trigilia, Carlo & Voelzkow, Helmut, 2001. "Local Production Systems in Europe: Rise or Demise?," OUP Catalogue, Oxford University Press, number 9780199242511, Decembrie.
    2. David Audretsch & Max Keilbach, 2004. "Entrepreneurship Capital and Economic Performance," Regional Studies, Taylor & Francis Journals, vol. 38(8), pages 949-959.
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    Cited by:

    1. Evert-Jan Visser & Oedzge Atzema, 2007. "Beyond clusters: Fostering innovation through a differentiated and combined network approach," Papers in Evolutionary Economic Geography (PEEG) 0705, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Jun 2007.
    2. Tello, Mario D., 2010. "From national to local economic development: theoretical issues," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
    3. Lu Liu & Shenshen Si & Jing Li, 2023. "Research on the Effect of Regional Talent Allocation on High-Quality Economic Development—Based on the Perspective of Innovation-Driven Growth," Sustainability, MDPI, vol. 15(7), pages 1-21, April.
    4. João J. Ferreira & Elias G. Carayannis & David F.J. Campbell & Luís Farinha & Helen Lawton Smith & Sharmistha Bagchi-Sen, 2018. "Geography & Entrepreneurship: Managing Growth and Change," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 9(2), pages 500-505, June.
    5. Andrea Cardoni, 2018. "Le sfide evolutive del Management Control tra relazioni strategiche, innovazione e discontinuit?: a knowledge transfer matter?," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2018(1), pages 5-15.
    6. Jos van den Broek & Franziska Eckardt & Paul Benneworth, 2017. "The transformative role of universities in regional innovation systems," CHEPS Working Papers 201705, University of Twente, Center for Higher Education Policy Studies (CHEPS).
    7. Leitão, João & Ferreira, João, 2007. "Liberalization of European Telecommunications and Entrepreneurship: Why German and Portuguese Experiences are so Equal and so Different?," MPRA Paper 5728, University Library of Munich, Germany.
    8. Pierre-André Julien & Josée St-Pierre, 2012. "Entrepreneur, incertitude et information : un essai d’application," Post-Print hal-01705651, HAL.
    9. Jose-Luis Hervas-Oliver, 2011. "Social Networks across Spatial Agglomerations: the Paradox of High-Tech Clusters. A Critical Revision of Clusters," ERSA conference papers ersa11p779, European Regional Science Association.
    10. Muhammad Zada & Shagufta Zada & Mudassar Ali & Yongjun Zhang & Abida Begum & Heesup Han & Antonio Ariza-Montes & Alejandro Vega-Muñoz, 2021. "Development of Local Economy through the Strengthening of Small-Medium-Sized Forest Enterprises in KPK, Pakistan," Sustainability, MDPI, vol. 13(19), pages 1-17, September.
    11. Fredin, Sabrina, 2013. "New Perspectives on Innovative Entrepreneurship and Path Dependence – A Regional Approach," Working Papers 2013/06, Blekinge Institute of Technology, Department of Industrial Economics.
    12. Eunsuk Hong & In Lee & Laixiang Sun & Richard Harrison, 2015. "Entrepreneurship across time and space: empirical evidence from Korea," Small Business Economics, Springer, vol. 44(3), pages 705-719, March.
    13. Pereira, O.P., & Coutinho, M., 2011. "Vitality And Requalification Of Cities: A Contribution To A Reconceptualization Of A Sustainable Urban Planning," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 11(2).
    14. Jing Su & Qinghua Zhai & Tomas Karlsson, 2017. "Beyond Red Tape and Fools: Institutional Theory in Entrepreneurship Research, 1992–2014," Entrepreneurship Theory and Practice, , vol. 41(4), pages 505-531, July.

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