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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.

Suggested Citation

  • Nijkamp, Peter & Wissen, Leo van, 2004. "Modelling the Entrepreneurial Space-Economy: an overview," Serie Research Memoranda 0013, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    • Handle: RePEc:vua:wpaper:2004-13
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    References listed on IDEAS

    as
    1. Chesher, Andrew, 1979. "Testing the Law of Proportionate Effect," Journal of Industrial Economics, Wiley Blackwell, vol. 27(4), pages 403-411, June.
    2. Richard E. Caves, 1998. "Industrial Organization and New Findings on the Turnover and Mobility of Firms," Journal of Economic Literature, American Economic Association, vol. 36(4), pages 1947-1982, December.
    3. Klepper, Steven, 2001. "Employee Startups in High-Tech Industries," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 10(3), pages 639-674, September.
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    Keywords

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    JEL classification:

    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General

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