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Openness and Continuous Collaboration as the Foundation for Entrepreneurial Discovery Process in Finnish Regions

Author

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  • Mona ROMAN

    (Aalto University)

  • Timo NYBERG

    (Aalto University)

Abstract

Entrepreneurial discovery process (EDP) is a bottom-up process engaging regional actors from academic, business, government and civil society together to identify new market opportunities and overcome the potential barriers to innovation. While EDP forms the key principle behind the smart specialization policy of European Commission, its operationalization has remained a challenge. We adopted a grounded theory approach to explore the dynamics of EDP through a case study in Finnish regions. Our aim is to identify the key underlying factors of EDP. Based on the semi-structured interviews with 10 Finnish regions during September 2016, we identified openness, engaging, focused networking and continuous collaboration as the key factors underlying EDP. Our findings contribute to the theoretical debate on what constitutes EDP in the context of smart specialization. We also provide examples for policymakers how to implement these factors based on our case study.

Suggested Citation

  • 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.
    • Handle: RePEc:nup:jrmdke:v:5:y:2017:i:4:517-531
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    References listed on IDEAS

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    Cited by:

    1. 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.
    2. Joana Costa & Inês Amorim & João Reis & Nuno Melão, 2023. "User communities: from nice-to-have to must-have," Journal of Innovation and Entrepreneurship, Springer, vol. 12(1), pages 1-35, December.
    3. 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).

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