You are looking at 1 - 10 of 33 items

  • Author or Editor: Colin Mason x
Clear All Modify Search
You do not have access to this content

Entrepreneurial Neighbourhoods

Towards an Understanding of the Economies of Neighbourhoods and Communities

Edited by Maarten van Ham, Darja Reuschke, Reinout Kleinhans, Colin Mason and Stephen Syrett

Despite the growing evidence on the importance of the neighbourhood, entrepreneurship studies have largely neglected the role of neighbourhoods. This book addresses the nexus between entrepreneurship, neighbourhoods and communities, confirming not only the importance of ‘the local’ in entrepreneurship, but also filling huge gaps in the knowledge base regarding this tripartite relationship.
This content is available to you

Unravelling the nexus between entrepreneurship, neighbourhoods and communities – introduction

Towards an Understanding of the Economies of Neighbourhoods and Communities

Reinout Kleinhans, Darja Reuschke, Maarten van Ham, Colin Mason and Stephen Syrett

Until recently, entrepreneurship and neighbourhood studies were academic disciplines which rarely interacted with each other. However, recent macroeconomic and societal trends have pointed the spotlight on the nexus between entrepreneurship, neighbourhoods and communities, highlighting not only the importance of ‘the local’ in entrepreneurship, but also the huge gaps in our knowledge base regarding this tripartite relationship. In much of the literature, a distinction is drawn between entrepreneurship taking place in neighbourhoods or communities, and entrepreneurship taking place for neighbourhoods and communities. This chapter starts out from the international call for interdisciplinary approaches to entrepreneurship and firm formation to overcome entrepreneurship research and neighbourhood and community studies’ mutual neglect for one another’s fields of research. This introduction to a volume of chapters aims to shed light on the multiple relationships between entrepreneurship, neighbourhoods and communities across several countries. It asks how neighbourhoods and communities can shape entrepreneurship, a question for which the relevance stems from radical changes of (inter)national and regional labour markets and growing evidence that neighbourhood contexts impact on entrepreneurship and self-employment in various ways. It also asks the ‘reverse’ question: how does entrepreneurship influence neighbourhoods and communities? In doing so, the chapter (and many other chapters in the book) treat ‘community’ as a local, spatially embedded concept. Particular attention is devoted to community-based forms of enterprise and their potential for contemporary bottom-up neighbourhood regeneration.

You do not have access to this content

Understanding entrepreneurship in residential neighbourhoods and communities of place

Towards an Understanding of the Economies of Neighbourhoods and Communities

Darja Reuschke, Reinout Kleinhans, Stephen Syrett, Maarten van Ham and Colin Mason

This chapter provides conclusions regarding all contributions to this volume, which has explored the under-researched interconnections between entrepreneurship, neighbourhoods and communities of place. The key concern has been to contribute to knowledge about how residential areas where people live (neighbourhoods) and interact with co-residents and other actors (communities) are simultaneously shaping entrepreneurship and are being shaped by entrepreneurial activity. It turns out that neighbourhood and community are not contrary but rather complementary concepts for understanding local entrepreneurship. For ‘residentially embedded entrepreneurs’, entrepreneurial activity tends to be related to local market conditions, needs and communities, while ‘residentially disembedded entrepreneurs’ have little or no connection with the local economy, neighbourhood and local place-based community. This volume has also extensively studied community enterprises. The view from entrepreneurship studies on how this type of enterprise can positively impact on neighbourhood development seems more optimistic than in neighbourhood studies where CEs were identified that do not (or cannot) act entrepreneurially in terms of profit seeking and innovation. In fact, ‘successful’ CEs have to balance the (often competing) priorities of innovation, financial stability, accountability to a wider public and long-term sustainability. Several directions for further research have been identified. First, impact and success of CEs are very difficult to assess because they operate in differing fields and timescales and deliver various social, economic and environmental benefits. Secondly, social capital is relevant for entrepreneurship and community enterprises (alongside other capital forms). Further research is required on the nature of and balance among different forms of social capital related to location, size and specific character of the community and to effectiveness and sustainability. Finally, the relationship with active citizenship and local governance merits further study, in particular collaborative arrangements which lead to the organisation, delivery and management of innovative projects by CEs.

You do not have access to this content

  • European Research in Entrepreneurship series

Colin Mason, Stephen Tagg and Sara Carter

You do not have access to this content

Mark Dibben, Richard Harrison and Colin Mason

You do not have access to this content

Colin Mason, Sara Carter and Stephen Tagg

You do not have access to this content

  • Research Handbooks in Business and Management series

Colin Mason, Richard T. Harrison and Tiago Botelho

The ultimate purpose of investing in an entrepreneurial business is to achieve a financial return. Yet there is little discussion in the entrepreneurial finance literature on the exit process and only limited evidence on returns. This chapter focuses on business angels. It argues that the main challenge for business angels is in achieving an exit. Previous research indicates that returns from those exits that do occur are skewed: around half of all investments fail and only a small minority generate significant returns. We suggest that the difficulties in achieving profitable exits reflects, in part, the fact that most angels do not adopt an exit-centric approach to their investing. This involves considering the exit at all stages in the investment process, including the initial investment decision. The main features of an exit-centric investment strategy are discussed.
You do not have access to this content

  • Handbooks in Venture Capital series

Hans Landström and Colin Mason

This content is available to you

  • Handbooks in Venture Capital series

Edited by Hans Landström and Colin Mason

This content is available to you

  • Handbooks in Venture Capital series

Colin Mason and Hans Landström