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Knowledge, entrepreneurship and regional transformation: contributing to the Schumpeterian and evolutionary perspective on the relationships between them

Editorial letter
Authors Martin Henning
Maureen McKelvey
Published in Small Business Economics
Volume 54
Issue 2
Pages 495-501
ISSN 0921-898X
Publication year 2020
Published at Department of Economy and Society, Innovation and Entrepreneurship (IIE)
Centre for International Business Studies
Department of Business Administration, Management & Organisation
Pages 495-501
Language en
Subject categories Business Administration, Economic Geography


What is the role of knowledge in stimulating entrepreneurship and regional transformation? This is an intriguing and fundamental question in social science. Answering it would enable us to understand how and why the acts of developing, using and diffusing different forms of knowledge help stimulate economic growth and societal well-being. Finding an unequivocal answer to such a multifaceted question cannot be tackled in one set of articles. Instead, our aim is more limited in further developing a set of theories, related to the Schumpeterian and evolutionary perspective on the relationships between knowledge, entrepreneurship, and regional transformation. More specifically, we position this special section to contribute to the theorizing and growing stock of empirical evidence within the research community fascinated with developing a Schumpeterian and evolutionary perspective on entrepreneurship, small business economics, and regional economic change. The aim of this special section is to contribute to a more nuanced understanding of how different expressions of knowledge—such as science, routines, technology, education, design, and skills—are used in ways which transform business activities, firms, and regional economies. This special section advances our understanding by providing more nuanced view on the distinctive role of knowledge in relation to both entrepreneurship and regional economic transformation separately, as well as the two together.

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