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Edited by Philip Cooke, Bjørn Asheim, Ron Boschma, Ron Martin, Dafna Schwartz and Franz Tödtling
Chapter 37: Regional Entrepreneurship Development: Promoting Spin-offs through Coaching and Mentoring
37 Regional entrepreneurship development: promoting spin-offs through coaching and mentoring* Magnus Klofsten and Staffan Öberg PROMOTING ENTREPRENEURSHIP FOR REGIONAL DEVELOPMENT A common objective of economic development efforts everywhere in the world is the creation of an ‘entrepreneurial region’. Such a region has the capability to move across technological paradigms and periodically renew itself through new technologies and businesses generated from its economical base (Etzkowitz and Klofsten, 2005). Good examples include the Öresund region (Sweden–Denmark), which has a high concentration of biomedical research and an emerging biomedical industry. The ‘Twin Cities of Sweden’, Linköping and Norrköping, have over the past 25 years succeeded in bringing new ideas emanating from research and other knowledge-intensive activities into new businesses in terms of independent firms, licensing agreements and internal ventures both in the private as well as in the public sector. Most recognized is the high amount of spin-off firms from Linköping University, which have been a strong foundation for the growth and development of the Mjärdevi and Norrköping science parks. There is, from both a scientific and a practical point of view, an emerging interest in investigating the necessary conditions for creating new businesses. Perhaps one of the most important factors is the presence of an entrepreneurial university that both advances emerging areas of knowledge and puts this knowledge to use in developing the local region (Clark, 1998; Cooke, 2002). Therefore, has academic entrepreneurship been of high focus in spin-off creation both from the research (Lindholm, 1994;...
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