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Modelling the Entrepreneurial Space-Economy: an overview

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  • Nijkamp, Peter

    (Vrije Universiteit Amsterdam, Faculteit der Economische Wetenschappen en Econometrie (Free University Amsterdam, Faculty of Economics Sciences, Business Administration and Economitrics)

  • Wissen, Leo van

Abstract

The aim of this paper is to review recent contributions to the study of entrepreneurship and firm dynamics from a methodological and firm demographic perspective. Understanding the contemporary changes in business life requires a thorough understanding of structural changes in entrepreneurial behaviour and firm dynamics, both in space and in time. The spatial and temporal aspects of business life have in recent years received much attention, and a review is given here. The framework concept of the 'firm life course' is proposed in this article to integrate both dimensions. The firm life course represents the way firms organize their life path over time in sequences of critical events, decisions, and periods. The dimensions of time and space appear to be highly connected in business life. Not only is firm mobility increasing, but also are entrepreneurs increasingly acting as networkers. The emergence of virtual and dynamic networks of entrepreneurs calls for new methods of research of dealing with them. This article maps out some of the modern research trends in this domain.

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Bibliographic Info

Paper provided by VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics in its series Serie Research Memoranda with number 0013.

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Date of creation: 2004
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Handle: RePEc:dgr:vuarem:2004-13

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Web page: http://www.feweb.vu.nl

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Keywords: entrepreneurship; firm dynamics;

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