Collective Entrepreneurship: The Strategic Management of Research Triangle Park
AbstractPerception and action describe the entrepreneur as a dynamic figure in economic activity. It follows then that entrepreneurship entails a process that begins with perception and is completed with action. When it comes to places—meaning physical localities—rarely is it the case that the perception of opportunity and the ability to act on that perception are embodied in a single individual. This paper illustrates the strategic management of one place in particular, Research Triangle Park in central North Carolina. This history of Research Triangle Park suggests and that the early perception for the park, and the action to see it from “seed to harvest,” were the result of many individuals each exhibiting their own entrepreneurial ability. Thus, we introduce the notion of collective entrepreneurship, and we suggest that it might be a critical ingredient to a recipe for the successful strategic management of places.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University of North Carolina at Greensboro, Department of Economics in its series Working Papers with number 11-18.
Length: 15 pages
Date of creation: 02 Nov 2011
Date of revision:
Entrepreneurship; Strategic management; Research park;
Find related papers by JEL classification:
- L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
- R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-11-14 (All new papers)
- NEP-CSE-2011-11-14 (Economics of Strategic Management)
- NEP-ENT-2011-11-14 (Entrepreneurship)
You can help add them by filling out this form.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Garth Heutel).
If references are entirely missing, you can add them using this form.