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Entrepreneurship, Cooperation and the Firm

Entrepreneurship, Cooperation and the Firm

The Emergence and Survival of High-Technology Ventures in Europe

Edited by Jan Ulijn, Dominique Drillon and Frank Lasch

The book is an exceptional result of a distinctive network of European and American scholars, practitioners, and members of public institutions interested in the critical issues of emergence and survival of technology and knowledge based firms. The contributors study examples from both the old EU-member states such as France, Germany, the UK and the Netherlands, as well as newer countries such as Slovenia and Estonia. The book is unique in bringing culture and psychology together in the particular context of the nascent technopreneur.

Chapter 3: Incubating Technology Entrepreneurship in Slovenia: Do the Nation’s Institutions Foster Cooperation?

Mateja Drnovsek, Patricia Kotnik, Valentina Nahtigal, Ales Vahcic and Janez Prasnikar

Subjects: business and management, entrepreneurship


Mateja Drnovsek, Patricia Kotnik, Valentina ˇ Nahtigal, Janez Pras nikar and Ales Vahcic ˇ ˇ ˇˇ INTRODUCTION Slovenia has successfully transformed from a socialist to a market economy. However, at the start of the twenty-first century and following a successful entry into the common market of the European Union (EU), the key developmental challenges are becoming ever more important. The Global Competitiveness Report (Porter et al., 2004) provides ample evidence that the drivers of economic development in the twenty-first century differ substantially from those relevant to the twentieth century. Accordingly, the global competitiveness reports have for some time (2001–04) been highlighting the intensity of knowledge transfer as one of Slovenia’s key competitive disadvantages. Thus, the challenge for transition economies in particular is to evolve and possibly leap-frog from the intermediary to the knowledge, technology and know-how societies. For such a transition to be effective and sustainable, the key success factors are innovation and knowledge clusters linking public and private research and technological development (OECD, 2001). Technological development that is successfully commercialized is driven through intangible resources such as knowledge and social capital, which are proving to be the coal, oil and diamonds of the twenty-first century (Carayannis and von Zedtwitz, 2005). Indeed, the Lisbon strategy recognized entrepreneurship as a key area to be developed in order to achieve sustainable economic growth. The next section of this chapter reviews theoretical paradigms on economic growth, innovation and entrepreneurship. The rest of the chapter focuses on empirical data to illustrate the...

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