Born to be Sold: Start-ups as Products and New Territorial Life Cycles of Industrialization
| Résumé |
Territorial innovation models and policy practices traditionally
tend to associate the emergence, resurgence and growth of start-ups
with the development of local industries, either as industrial
pioneers or as innovative spinoffs embedded in a regional
production system. This approach is in line with a “life cycle”
pattern of innovation and of industrialization marked by sequential
waves of growth and decline, by technological renewal and by
sectorial transitions. In a knowledge and financial economy
characterized by combinatorial knowledge dynamics, by even shorter
project-based innovations and by global financial and production
networks, this approach is called into question. Through the case
of Swiss medical technologies (Medtech), this paper highlights how
local medtech start-ups' evolution is shaped, from its early phase
on, by the corporate venture strategies of multinational companies.
While the economic potential of start-ups was traditionally
perceived in a longer run, they seem to be more often “born to be
sold” today. New research avenues and policy issues are finally
derived from this particular case to address territorial innovation
and competitiveness in the future. |
| Mots-clés |
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| Citation | Livi Christian / Jeannerat Hugues, Born to be Sold: Start-ups as Products and New Territorial Life Cycles of Industrialization, European Planning Studies, vol. 23, no 10, 2015, p. 1953-1974. |
| Type | Article de périodique (Anglais) |
| Date de publication | 2015 |
| Nom du périodique | European Planning Studies |
| Volume | 23 |
| Numéro | 10 |
| Pages | 1953-1974 |
| URL | http://dx.doi.org/10.1080/09654313.2014.960180 |
| Liée au projet | Cluster Emergence, Renewal and Transition in Switzerland:... |