From Innovation to Entrepreneurship
Connectivity-based Regional Development
Yasuyuki Motoyama
Extract
This final chapter synthesizes all the findings and induces a theory of entrepreneurship by contrasting with the innovation theory. In short, the fundamentals of entrepreneurship development are peer learning and experimental adjustment, which does not fit with the currently dominant theory and policy based on the so-called linear model of development. This chapter then provides policy recommendations (three dos and two don’ts) and provides implications for data collection and entrepreneurship policy.
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