Scandinavian Working Papers in Economics

Papers in Innovation Studies,
Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy

No 2015/49: Something New: Where do new industries come from?

Maryann P. Feldman () and Sam Tavassoli ()
Additional contact information
Maryann P. Feldman: Department of Public Policy, University of North Carolina at Chapel Hill, U.S.
Sam Tavassoli: CIRCLE, Lund University

Abstract: Emerging industries have great potential for both entrepreneurship and regional transformation. The emergent earliest stage of the industry lifecycle is when there is the greatest potential and when local factors matter most however we typically can only identify new industries in retrospect. This chapter provides an overview of the transformative potential of emerging industries and considers the challenges associated with studying emerging industries in real time. The chapter considers the regional context for studying new industries and offers a set of regional factors that might promote the emergence of new industries.

Keywords: emerging industries; geography of innovation; market-pull; science-push; local economic development

JEL-codes: N90; O18; O33; R12

20 pages, December 30, 2015

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201549_Feldman_Tavassoli.pdf PDF-file 

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