Entrepreneurship and local economic resilience: the impact of institutional hysteresis in peripheral places
通过访谈关键区域利益相关者,揭示边缘后工业地区的历史遗留问题如何通过制度滞后限制创业活动,进而影响地方经济韧性,对政策制定者和区域发展研究者有参考价值。
This article examines how the legacies of the past in peripheral post-industrial places serve to shape current and future entrepreneurial activity, and with it local economic resilience. Drawing on in-depth qualitative interviews with key regional stakeholders, the article reveals how peripheral post-industrial places are constrained by their histories. This is found to be manifest in different ways, such as low aspirations, generational unemployment and a loss of identity which are in turn compounded by negative perceptions of place and opportunity. These issues culminate in institutional hysteresis at the local level and constrain entrepreneurial ambition. The article argues that the rigidity and reproduction of informal institutions continues to stymie economic resilience and growth. We conclude by reflecting on the implications for entrepreneurship in peripheral post-industrial places as well as with recommendations for policy.