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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 3: What does the nationwide data say?

Yasuyuki Motoyama

Extract

Like innovation, it is hard to measure entrepreneurship. This chapter uses three measures of entrepreneurship and tests regional factors associated with high entrepreneurship activities. It demonstrates that most factors emphasized in the innovation theories are not associated with entrepreneurship rates, such as patents, research expenditure by universities and the federal government. What is associated with entrepreneurship is primarily human capital factors, such as the level of education among the population. It then proposes more in-depth analysis of regional cases to uncover what factors and structures are hidden inside those human capital factors.

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