Journal Article

Constructing entrepreneurial advantage: consensus building, technological uncertainty and emerging industries

Nichola Lowe and Maryann Feldman

in Cambridge Journal of Regions, Economy and Society

Published on behalf of Cambridge Political Economy Society

Volume 1, issue 2, pages 265-284
Published in print July 2008 | ISSN: 1752-1378
Published online July 2008 | e-ISSN: 1752-1386 | DOI: https://dx.doi.org/10.1093/cjres/rsn007
Constructing entrepreneurial advantage: consensus building, technological uncertainty and emerging industries

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  • Regulation and Industrial Policy
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In 1976, Cambridge, MA, and Berkeley, CA, responded to concerns about the environmental effects of recombinant DNA by adopting identical biosafety ordinances. This paper explores the mediating factors that explain how scientists and entrepreneurs came to view these regulatory interventions in diametrically distinct ways. We argue that although the regulations were the same, the process behind their adoption and implementation and, in particular, differences in citizen engagement and technology education account for these divergent outcomes. The paper suggests ways that contemporary regulatory responses can result in a constructive (rather than combative) approach to entrepreneurial accountability and thus contribute to constructed jurisdictional advantage.

Keywords: biotechnology; regulation; entrepreneurship; economic development; jurisdictional advantage; L5; L26; O1; O3

Journal Article.  11554 words. 

Subjects: Regulation and Industrial Policy ; Entrepreneurship ; Technological Change; Research and Development ; Economic Development

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