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From Innovation to Entrepreneurship

Connectivity-based Regional Development

Yasuyuki Motoyama

Innovation and entrepreneurship are often considered two sides of the same coin. But are the links between innovation and entrepreneurship as inextricable as we think? From Innovation to Entrepreneurship questions this seemingly interdependent relationship, highlighting the different requirements of innovation and entrepreneurship. This book disentangles theories of innovation and entrepreneurship, empirically revealing the overlaps and differences between them. Demonstrating that the pursuit of entrepreneurship is the key to economic development, Yasuyuki Motoyama explores the concept that people are at the heart of entrepreneurship ecosystems.
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Chapter 2: Why beyond innovation and why entrepreneurship?

Yasuyuki Motoyama

Extract

This chapter reviews theories of innovation and entrepreneurship. The past theories argued much overlap between the two, while this chapter disentangles the two concepts and highlights differences. It further points out that the innovation theories captured primarily inputs of innovation, but failed to capture outputs of innovation, and are biased toward high-tech sectors and patents-oriented innovation. Instead, it proposes to capture regional dynamics based on entrepreneurship.

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