Creating Innovative Opportunities: Lessons from Case Studies in Knowledge Intensive Entrepreneurship
Paper in proceedings, 2012
This paper develops lessons about how and why the founders and ventures involved in knowledge intensive entrepreneurship (KIE) manage the process of venture creation. The purpose of this paper is to develop lessons and insights into KIE. They are based upon as conceptual model (from a systemic literature review), linked to illustrations of the processes, and an analysis of 86 case studies in knowledge intensive entrepreneurship in Europe. These case studies were developed during the European Union research project AEGIS (Advancing Knowledge-Intensive Entrepreneurship and Innovation for Economic Growth and Well-being in Europe). The case studies are conducted at the firm-level. Hence, we do not here include case studies focusing on levels such as regions and sectors, which are rich but raise and address topics processes and variables than the foci of this paper. Nevertheless, most all case studies do demonstrate how the individual KIE ventures are dependent upon variables and processes in the surrounding innovation systems. The overall analysis of the cases also provides insights into how innovative opportunities merge and are developed through KIE processes, highlighting e.g. the importance of networks.