Openness and Continuous Collaboration as the Foundation for Entrepreneurial Discovery Process in Finnish Regions
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 specializa...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Sciendo
2017-12-01
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| Series: | Management Dynamics in the Knowledge Economy |
| Subjects: | |
| Online Access: | http://www.managementdynamics.ro/index.php/journal/article/view/248/198 |
| _version_ | 1811275875909369856 |
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| author | Mona ROMAN Timo NYBERG |
| author_facet | Mona ROMAN Timo NYBERG |
| author_sort | Mona ROMAN |
| collection | DOAJ |
| description | 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. |
| first_indexed | 2024-04-12T23:46:43Z |
| format | Article |
| id | doaj.art-27849528f25148099428f8c4b39e800e |
| institution | Directory Open Access Journal |
| issn | 2392-8042 |
| language | English |
| last_indexed | 2024-04-12T23:46:43Z |
| publishDate | 2017-12-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Management Dynamics in the Knowledge Economy |
| spelling | doaj.art-27849528f25148099428f8c4b39e800e2022-12-22T03:11:50ZengSciendoManagement Dynamics in the Knowledge Economy2392-80422017-12-015451753110.25019/MDKE/5.4.04Openness and Continuous Collaboration as the Foundation for Entrepreneurial Discovery Process in Finnish RegionsMona ROMAN0Timo NYBERG1Aalto UniversityAalto UniversityEntrepreneurial 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.http://www.managementdynamics.ro/index.php/journal/article/view/248/198collaborative innovationentrepreneurial discovery processinnovation policyregional innovation systemsmart specialization |
| spellingShingle | Mona ROMAN Timo NYBERG Openness and Continuous Collaboration as the Foundation for Entrepreneurial Discovery Process in Finnish Regions Management Dynamics in the Knowledge Economy collaborative innovation entrepreneurial discovery process innovation policy regional innovation system smart specialization |
| title | Openness and Continuous Collaboration as the Foundation for Entrepreneurial Discovery Process in Finnish Regions |
| title_full | Openness and Continuous Collaboration as the Foundation for Entrepreneurial Discovery Process in Finnish Regions |
| title_fullStr | Openness and Continuous Collaboration as the Foundation for Entrepreneurial Discovery Process in Finnish Regions |
| title_full_unstemmed | Openness and Continuous Collaboration as the Foundation for Entrepreneurial Discovery Process in Finnish Regions |
| title_short | Openness and Continuous Collaboration as the Foundation for Entrepreneurial Discovery Process in Finnish Regions |
| title_sort | openness and continuous collaboration as the foundation for entrepreneurial discovery process in finnish regions |
| topic | collaborative innovation entrepreneurial discovery process innovation policy regional innovation system smart specialization |
| url | http://www.managementdynamics.ro/index.php/journal/article/view/248/198 |
| work_keys_str_mv | AT monaroman opennessandcontinuouscollaborationasthefoundationforentrepreneurialdiscoveryprocessinfinnishregions AT timonyberg opennessandcontinuouscollaborationasthefoundationforentrepreneurialdiscoveryprocessinfinnishregions |