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Can Growth Entrepreneurship Take Root in Denmark's Central Region?

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Bent Mikkelsen is executive director of economic development for Denmark's second largest region, MidJutland (Central Denmark Region).. As the case opens, he is contemplating comments he has read suggesting that one of the main programs within his entrepreneurship responsibilities, the Growth House program, may not be working as well as he and others had hoped. This is the core program in his entrepreneurship development responsibilities, and a flagship program developed for the regions by the federal Danish Business Authority. The case describes Denmark's entrepreneurship and innovation policies, as well as its accomplishments, at least in terms of achieving top rankings in entrepreneurship policies by the Organisation for Economic Co-operation and Development and the European Union. Whereas more high-growth venture activity has evolved in Copenhagen, no one in Denmark claims that this is sufficient, and serious doubt that this success can be replicated in the other four regions, including MidJutland. Should every region be a locus of high-growth entrepreneurship, when talented entrepreneurs are moving to Copenhagen for its concentration of resources? Despite the fact that historically, numerous global ventures have emerged from the Central Denmark region, it appears that these older-generation entrepreneurs are not very involved in stimulating entrepreneurship among the current generation. Mikkelsen must decide if and how to tap into the expertise of the successful global Danish firms in entrepreneurial development in the region, increase the rate and effectiveness of angel investing in new ventures, and position the Growth House program better so as to accelerate private sector investment. He also wonders if the existing social and economic development programs are actually deterring risk-taking, and whether it might be time for regional authorities to stop playing such an active role.

【書誌情報】

ページ数:17ページ

サイズ:A4

商品番号:HBSP-BAB707

発行日:2013/3/1

登録日:2013/7/23

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