Emerging industries and agglomeration: Internet industry entrepreneurs coping with uncertainty
2010 (English)Conference paper (Other academic)
Emerging industries constitute a permanent feature in constantly developing and changing economic environments. However, emerging industries face a range of 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 a) the newness of the technology introduced to the public and the emerging markets b) the process of developing new markets and approaching new customers c) 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 a) negotiating industrial legitimacy, and thus establishing structures and procedures in the emerging industry b) discovering market opportunities and c) informal relations necessary in making flexible labour markets efficient.
Place, publisher, year, edition, pages
IdentifiersURN: urn:nbn:se:uu:diva-145623OAI: oai:DiVA.org:uu-145623DiVA: diva2:396421
Annual Meeting of the Association of American Geographers, Washington, DC, 14-18 April, 2010