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Emerging (internet) industry and agglomeration: Internet entrepreneurs coping with uncertainty

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  • Johan Jansson
Abstract
Emerging industries are not rare elements in the economy; rather, they constitute a permanent feature in constantly developing and changing economic environments. However, the emergence of new industries is rarely painless or particularly straightforward processes; actors involved in these processes are confronted with uncertainties of which some are exclusive to emerging industries. A distinctive example of these processes was the emergence of the internet industry in Sweden and the agglomeration of internet firms in central Stockholm. Through three levels of uncertainty: (1) the newness of the technology introduced to the public and the emerging markets; (2) the process of developing new markets and approaching new customers and (3) the renegotiating of pre-existing structures and flexible ways of organizing work and labour, this article argues that agglomerations or local urban milieus play a crucial role to actors (internet entrepreneurs) coping with uncertainty. Agglomerations or urban milieus compose a necessary infrastructure for (1) negotiating industrial legitimacy, and thus establishing structures and procedures in the emerging industry; (2) discovering market opportunities and (3) informal relations necessary in making flexible labour markets efficient.

Suggested Citation

  • Johan Jansson, 2011. "Emerging (internet) industry and agglomeration: Internet entrepreneurs coping with uncertainty," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 23(7-8), pages 499-521, September.
  • Handle: RePEc:taf:entreg:v:23:y:2011:i:7-8:p:499-521
    DOI: 10.1080/08985620903505987
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    Cited by:

    1. Vanderstraeten, Johanna & van Witteloostuijn, Arjen & Matthyssens, Paul, 2020. "Organizational sponsorship and service co-development: A contingency view on service co-development directiveness of business incubators," Technovation, Elsevier, vol. 98(C).
    2. Paige Clayton & Maryann Feldman & Benjamin Montmartin, 2024. "Entrepreneurial finance and regional ecosystem emergence," Small Business Economics, Springer, vol. 62(4), pages 1493-1521, April.
    3. Thilde Langevang, 2017. "Fashioning the Future: Entrepreneuring in Africa’s Emerging Fashion Industry," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 29(4), pages 893-910, August.
    4. Ali E. Ahmed & Deniz Ucbasaran & Gabriella Cacciotti & Trenton A. Williams, 2022. "Integrating Psychological Resilience, Stress, and Coping in Entrepreneurship: A Critical Review and Research Agenda," Entrepreneurship Theory and Practice, , vol. 46(3), pages 497-538, May.
    5. Robert Wentrup & H. Richard Nakamura & Patrik Ström, 2020. "Closing the Digital Entrepreneurship Gap the Case of Returnee Entrepreneurs in Morocco," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 6(1), pages 140-162, January.
    6. Jiyoung Kimjeon & Per Davidsson, 2022. "External Enablers of Entrepreneurship: A Review and Agenda for Accumulation of Strategically Actionable Knowledge," Entrepreneurship Theory and Practice, , vol. 46(3), pages 643-687, May.
    7. Li, Xuemei & Wu, Xinran & Zhao, Yufeng, 2023. "Research and application of multi-variable grey optimization model with interactive effects in marine emerging industries prediction," Technological Forecasting and Social Change, Elsevier, vol. 187(C).
    8. Ana Alacovska & Thilde Langevang & Robin Steedman, 2021. "The work of hope: Spiritualizing, hustling and waiting in the creative industries in Ghana," Environment and Planning A, , vol. 53(4), pages 619-637, June.

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