Karen Murdock

Interstanding the industrial district: contrasting conceptual images as a road to insight

In this paper we offer an approach to learning about the unique features of industrial districts as a socio-economic phenomenon that is based on differences. Instead of searching for one generic theory that may explain the unique construction of an industrial district or one universal way of getting under the skin of its subjects we propose ‘interstanding’ as a road to insight. The title alludes to different relationships: between theoretical frameworks and empirical approaches, between writing and reflecting on the one hand, creating conversations, talking and listening on the other, between teacher and student, between the academic and business communities. In the paper this ‘interstanding’ perspective of knowledging is demonstrated in the context of an annual international doctoral course on SMEs in economic and regional development. The participating doctoral students are organized into research teams, each furnished with a specific theoretical perspective on localized economic development, and subsequently jointly brought to the industrial district of Gnosjö in Sweden in order to meet with owner-managers and further local stakeholders. The student groups report on their field experiences, thereby creating maps as diverse as the different theoretical frameworks being used. These contrasting images of the districts generic features and sustainability are used as an input to a conclusive polylogue seminar that offers an ‘interstanding’ that, on the one hand, reminds the participants that any, including scientifically investigated, reality is socially constructed, and, on the other, communicates that tensions between alternative conceptual constructs, especially if substantiated in empirical research, offer an inspiring road to knowledge.

Entrepreneurship policy: Trade-offs and impact in the EU

Based on the notion that trade-offs in public policies form the basis of the separation of managed and entrepreneurial economies; this paper investigates the impact of policy on actual entrepreneurship activity in these two categories of economies. Using data from 19 European Union member countries, the impact that policy trade-offs in the goal, target, location and system of finance have on entrepreneurship activity is measured using ordinary least squares regression. The results indicate that while business regulation negatively impact entrepreneurship activity, the location of policy does not show any measurable impact. They suggest the need for still more supportive institutions in the effort to develop entrepreneurship and create entrepreneurial economies and realize economic benefits.

Beyond effectuation: Analysing the transformation of business ideas into ventures using actor-network theory

Purpose The purpose of this paper is to show that the entrepreneurial project ongoingly is transformed. Empirically, three defining junctions demonstrate the malleability of the entrepreneurial project in perpetual action, expanding beyond effectuation theory on what constitutes given means, affordable loss, and other key concepts from this theoretical perspective. Drawing upon actor-network theory (ANT), this study demonstrates how different framing and support devices implicate different human and non-human actors in changing interpositions within the entrepreneurial process. Design/methodology/approach This study uses a longitudinal case study design. The case provides an overview of a new business’s emergence based on three identified translations, each representing critical junctures in the business’s development. An ethnographic approach is selected, which combines observations with qualitative interviews. This design allows the authors to focus on how the project emerges and is continuously supported by allies but is sometimes not supported by various human and non-human actors. Findings This study demonstrates that the entrepreneurial project undertaken by the entrepreneurial network changes as new humans or non-humans become part of it. Including a resource in the network means simultaneously changing the network. This interactionism shows that what sparks interest or attracts resources to a business idea is not simply an influx of additional resources but is simultaneously a dynamic definition of the entrepreneurial endeavour. Originality/value This paper examines how ideas are transformed into business ventures by using the ANT to expand understanding from effectuation theory. This shows that means, for instance, are not given but are co-created by the process of translation. In addition, which losses are affordable can be determined by the process within which the entrepreneur frames the project and manages to associate allies within and into the network.