On clusters of entrepreneurs - an austrian approach to innovative milieu
For the last 10 years, connections between economic geography, theory of innovation and the new theory of growth have produced substantial progress in the analysis of regional agglomeration. In this context, the theory on "innovative milieus" developed by the GREMI group has adressed a wide range of theoretical issues dealing with the dynamics of local production systems. The economic of innovative milieu has enables the study of links between technological innovation and geographical proximity proving that coordination problem of local economic agents is a central theoretical question in the major perspective of an economic analysis of territory as space of coordination. Innovative milieus are discovery procedures and refer to collective actions. The purpose of this paper is to explore the nature of innovative milieu from an entrepreneurial process. We consider that entrepreneurs are a critical element in the emergence and validity of innovative milieus. Four main concepts from Austrian Economics - Entrepreneurship, dicovery process, coordination and imagination - guide our reflection on innovative milieu. Keywords : Entrepreneurship, Entrepreneur, Discovery Process, Austrian Economics, Innovative Milieu, Coordination.
|Date of creation:||Aug 2002|
|Date of revision:|
|Contact details of provider:|| Postal: Welthandelsplatz 1, 1020 Vienna, Austria|
Web page: http://www.ersa.org
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Israel M. Kirzner, 1997. "Entrepreneurial Discovery and the Competitive Market Process: An Austrian Approach," Journal of Economic Literature, American Economic Association, vol. 35(1), pages 60-85, March.
- Edward L. Glaeser & Hedi D. Kallal & Jose A. Scheinkman & Andrei Shleifer, 1991.
"Growth in Cities,"
NBER Working Papers
3787, National Bureau of Economic Research, Inc.
- Audretsch, David B & Feldman, Maryann P, 1996. "R&D Spillovers and the Geography of Innovation and Production," American Economic Review, American Economic Association, vol. 86(3), pages 630-40, June.
- Amendola, Mario & Gaffard, Jean-Luc, 1994. "Markets and organizations as coherent systems of innovation," Research Policy, Elsevier, vol. 23(6), pages 627-635, November.
- Hayek, F. A., 1996. "Individualism and Economic Order," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226320939, July.
When requesting a correction, please mention this item's handle: RePEc:wiw:wiwrsa:ersa02p379. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Gunther Maier)
If references are entirely missing, you can add them using this form.