Influencing Entrepreneurship - Heidelberg

Seminar paper from the year 2003 in the subject Business economics - Business Management, Corporate Governance, grade: 1,7 (A-), University of Hull (Business School), course: Entrepreneurship & Innovation, language: English, abstract: "e;As traditional manufacturing sectors and regions fell into crisis"e;2, "e;new firms and entrepreneurialism have become the focus of business interest."e;3 Entrepreneurship is the "e;... pursuit of opportunity without regard to resources currently controlled ..."e;4 or "e;... the process of creating something new with value ..."e;5. Entrepreneurs create jobs, facilitate productive change and vitalize competition6 and hence most cities support them ("e;Industry"e; analysis * Appendix 1). [Abb. nur in der Downloaddatei enthalten]Figure 1 - Baden-WurttembergThe city Heidelberg of the German state Baden-Wurttemberg is located in the Rhein-Neckar Triangle ( Figure 17) and said to be attractive for entrepreneurs in biotech, life-sciences and telecommunications.8 Highlights of the city's achievements are:The German magazine "e;Focus"e; chose Heidelberg as the Best City for Start-Ups and as "e;Germany's Number 2 in Future Potential and Economic Power"e;. The RNT won the national BioRegio competition. Heidelberg is the "e;[m]ost Important Research Place in Germany"e;. No. 4 in Germany in Future Economic Growth said the magazine "e;Capital"e;. Challenges for biotech companies "e;are the creation and protection of intellectual property, the effective use of enterprise technology to capture and share knowledge, and the increasing pressures of globalization, convergence and the regulatory environment."e; And "e;the experience of Route 128 and Silicon Valley ... suggests that there are important regional sources of competitive advantage."e; What are these sources for Heidelberg?