Entrepreneurial ecosystems, agency and regional development: emergence and new path creation in the Cardiff city region

Huggins, R., Munday, M., Thompson, P. ORCID: 0000-0003-1961-7441 and Xu, C., 2024. Entrepreneurial ecosystems, agency and regional development: emergence and new path creation in the Cardiff city region. Local Economy. ISSN 0269-0942

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Abstract

This paper addresses the process of entrepreneurial ecosystem emergence in regions and the mechanisms through which new industrial paths are created. It focuses on the context of a relatively weak economic region and develops a mode of analysis that considers the role of human agency within the emergence of entrepreneurial ecosystems. This analysis addresses the case study of the Cardiff city region in the United Kingdom. It indicates that the revitalisation of lagging regions through an entrepreneurial ecosystem approach is likely to be contingent upon a number of important components: (1) access to potential entrepreneurial agency, (2) the engagement of ‘enlightened’ local political agency and (3) the formation of a collective agency across entrepreneurial and political agents as well as other relevant stakeholders. The emergence of collective agency in the city region is found to have led to new policies, networks and entrepreneurial support within the high-tech industry, coupled with the development of new industrial paths and improved economic conditions. The paper argues that adopting an agency-based approach to analysing entrepreneurial emergence highlights the importance of key human actors in such emergence. It is concluded that lagging regions can trigger a process of development through new path creation stemming from the emergence of an entrepreneurial ecosystem.

Item Type: Journal article
Publication Title: Local Economy
Creators: Huggins, R., Munday, M., Thompson, P. and Xu, C.
Publisher: SAGE Publications
Date: 5 March 2024
ISSN: 0269-0942
Identifiers:
NumberType
10.1177/02690942241237779DOI
1887813Other
Rights: © The Author(s) 2024. This article is distributed under the terms of the Creative Commons Attribution 4.0 License (https://creativecommons.org/licenses/by/4.0/) which permits any use, reproduction and distribution of the work without further permission provided the original work is attributed as specified on the Sage and Open Access page (https://us.sagepub.com/en-us/nam/open-access-at-sage).
Divisions: Schools > Nottingham Business School
Record created by: Melissa Cornwell
Date Added: 25 Apr 2024 08:46
Last Modified: 25 Apr 2024 08:46
URI: https://irep.ntu.ac.uk/id/eprint/51339

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