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Triangulating regional economies: Realizing the promise of digital data

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  • Feldman, Maryann
  • Lowe, Nichola

Abstract

Innovative data sources offer new ways of studying spatial and temporal industrial and regional development. Our approach is to study the development of an entrepreneurial regional economy through a comprehensive analysis of its constituent firms and institutions over time. Our study region is defined by the location of large multinationals recruited to North Carolina’s Research Triangle Park and the adjacent area. We have built a database of 4200 technology-intensive entrepreneurial firms that draws on over 30 distinct data sources and includes details on company founders, annual firm employment and engagement with the entrepreneurial ecosystem. By outlining our approach in this paper, our primary objective is to create a transferable framework for analyzing regional dynamics in other locations.

Suggested Citation

  • Feldman, Maryann & Lowe, Nichola, 2015. "Triangulating regional economies: Realizing the promise of digital data," Research Policy, Elsevier, vol. 44(9), pages 1785-1793.
    • Handle: RePEc:eee:respol:v:44:y:2015:i:9:p:1785-1793
    DOI: 10.1016/j.respol.2015.01.015
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    References listed on IDEAS

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    2. Ben Spigel & Fumi Kitagawa & Colin Mason, 2020. "A manifesto for researching entrepreneurial ecosystems," Local Economy, London South Bank University, vol. 35(5), pages 482-495, August.
    3. Francesco Perugini, 2023. "Space–time analysis of entrepreneurial ecosystems," The Journal of Technology Transfer, Springer, vol. 48(1), pages 240-291, February.
    4. Ferretti, Marco & Guerini, Massimiliano & Panetti, Eva & Parmentola, Adele, 2022. "The partner next door? The effect of micro-geographical proximity on intra-cluster inter-organizational relationships," Technovation, Elsevier, vol. 111(C).
    5. Mariana Pita & Joana Costa & António Carrizo Moreira, 2021. "Unveiling Entrepreneurial Ecosystems’ Transformation: A GEM Based Portrait," Economies, MDPI, vol. 9(4), pages 1-16, November.
    6. Paige Clayton, 2024. "Different outcomes for different founders? Local organizational sponsorship and entrepreneurial finance," Small Business Economics, Springer, vol. 62(1), pages 23-62, January.
    7. Paige Clayton & Maryann Feldman & Benjamin Montmartin, 2019. "Funding Emerging Ecosystems," GREDEG Working Papers 2019-25, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    8. Mary Donegan, 2019. "Bridging commercialisation and redevelopment: Jurisdictions and university policy development," Urban Studies, Urban Studies Journal Limited, vol. 56(9), pages 1768-1785, July.
    9. Max-Peter Menzel & Maryann P. Feldman & Tom Broekel, 2017. "Institutional change and network evolution: explorative and exploitative tie formations of co-inventors during the dot-com bubble in the Research Triangle region," Regional Studies, Taylor & Francis Journals, vol. 51(8), pages 1179-1191, August.
    10. Carayannis, Elias G. & Grigoroudis, Evangelos & Wurth, Bernd, 2022. "OR for entrepreneurial ecosystems: A problem-oriented review and agenda," European Journal of Operational Research, Elsevier, vol. 300(3), pages 791-808.
    11. Rocha, Augusto & Brown, Ross & Mawson, Suzanne, 2022. "Reprint of: Capturing conversations in entrepreneurial ecosystems," Research Policy, Elsevier, vol. 51(9).
    12. Zahra, Shaker A. & Liu, Wan & Si, Steven, 2023. "How digital technology promotes entrepreneurship in ecosystems," Technovation, Elsevier, vol. 119(C).
    13. Rocha, Augusto & Brown, Ross & Mawson, Suzanne, 2021. "Capturing conversations in entrepreneurial ecosystems," Research Policy, Elsevier, vol. 50(9).
    14. Feldman, Maryann & Guy, Frederick & Iammarino, Simona & Ioramashvili, Carolin, 2021. "Gathering round Big Tech: how the market for acquisitions reinforces regional inequalities in the US," LSE Research Online Documents on Economics 110718, London School of Economics and Political Science, LSE Library.
    15. Clayton, Paige & Lanahan, Lauren & Nelson, Andrew, 2022. "Dissecting diffusion: Tracing the plurality of factors that shape knowledge diffusion," Research Policy, Elsevier, vol. 51(1).
    16. Leendertse, Jip & Schrijvers, Mirella & Stam, Erik, 2022. "Measure Twice, Cut Once: Entrepreneurial Ecosystem Metrics," Research Policy, Elsevier, vol. 51(9).
    17. Bejjani, Melissa & Göcke, Lutz & Menter, Matthias, 2023. "Digital entrepreneurial ecosystems: A systematic literature review," Technological Forecasting and Social Change, Elsevier, vol. 189(C).

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