From Innovation to Entrepreneurship
Connectivity-based Regional Development
Yasuyuki Motoyama
Extract
Like innovation, it is hard to measure entrepreneurship. This chapter uses three measures of entrepreneurship and tests regional factors associated with high entrepreneurship activities. It demonstrates that most factors emphasized in the innovation theories are not associated with entrepreneurship rates, such as patents, research expenditure by universities and the federal government. What is associated with entrepreneurship is primarily human capital factors, such as the level of education among the population. It then proposes more in-depth analysis of regional cases to uncover what factors and structures are hidden inside those human capital factors.
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