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Local Entrepreneurship Policy: The Festival of Lights of Frederikshavn

Local Entrepreneurship Policy: The Festival of Lights of Frederikshavn. Lucio Carlos Freire, PhD Candidate Dept. of Planning & Developement Aalborg University (Denmark). WHAT IN THE WORLD HAS A FESTIVAL HAVE TO DO WITH ENTREPRENEURSHIP ??. Denmark: low employment. Source: Eurostat.

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Local Entrepreneurship Policy: The Festival of Lights of Frederikshavn

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  1. Local Entrepreneurship Policy: The Festival of Lights of Frederikshavn Lucio Carlos Freire, PhD Candidate Dept. of Planning & Developement Aalborg University (Denmark)

  2. WHAT IN THE WORLD HAS A FESTIVAL HAVE TO DO WITH ENTREPRENEURSHIP ??

  3. Denmark: low employment Source: Eurostat Highest employment in labour force. EU-27. 3Q.2008

  4. Source: Eurobarometer 2007 Lands of opportunity for entrepreneurs: Denmark, Israel and Singapore The Economist Issue on Entrepreneurship March 14th-20th 2009

  5. Early-Stage Entrepreneurial Activity Rates and GDP Per Capita, 2008

  6. Intrapreneurship is crucial to understand Denmark Pct. of new ventures engaging in intrapreneurship (Denmark GEM 2004)

  7. Small & Medium Enterprisepolicy worldwide Purpose: Increase supply of entrepreneurs and growth of firm (Reynolds et al. 2000, Lundström and Stevenson, 2005) • Basic features very similar worldwide • No matter so much of political orientation

  8. Entrepreneurship policy areas • Promotion • Education • Counseling and information • Financing • Administrative burden • Target groups • Policy relevant research (Lundström, 2005, 2009)

  9. place matters! “The city/region has an important role to play in entrepreneurship policy. As every city/region is different, it needs a specific strategy, instruments and delivery”. Potter, OECD Local Entrepreneurship Review, 2004

  10. Municipality of Frederikshavn (Denmark) 64.000 population 25.000 major city Traditional Industrial Economy Periphery / Provincial Lower average income 2015 Energy City Experience Economy NORWAY SWEDEN DENMARK GERMANY

  11. Entrepreneurship Policy(Local level) Limited maneuver on taxation, regulation, etc. Possibilities: • Provide info / advice • Incubators, tech parks • Develop rich networks (incl. public, private, education) • Help local products to stand out. • Local annual festivals. Sources: Hart et al 2004, Holtz-Eakin et al. 2004, Mourdoukuotas & Papadimitriou, 2002 and Julien 2007

  12. Entrepreneurship Policy(Local level) Limited maneuver on taxation, regulation, etc. Possibilities: • Provide info / advice • Incubators, tech parks (not that effective S&G 1999, Florida 2003) • Develop rich networks (incl. public, private, education) • Help local products to stand out. • Local annual festivals. For Frederikshavn Sources: Hart et al 2004, Holtz-Eakin et al. 2004, Mourdoukuotas & Papadimitriou, 2002 and Julien 2007

  13. The impact of local festivals… “can extend far beyond the economic repercussions of tourist inflows, if they help create a sense of belonging and pride among local residents, thus fostering the sharing of local resources and local purchases, and even helping keep much needed workers in the area instead of migration to the cities” Julien, 2007

  14. Evolution of the festival 2004 2006 2008 2010 ?

  15. The Light Festival in Frederikshavn

  16. Main sponsors: Original Idea: Local Goverment

  17. Main stakeholders (2008) Local Media

  18. Educational Light Camp • 4-day student workshop • 50 Students of design, architecture, engineering, theatre and technology • Lighting equipment loaned from manufacturers • Lighting and technical knowledge provided by educators and experts

  19. Light Camp Students

  20. This Entrepreneurship Policy can: • Increase collaboration between businesses, higher education, arts and culture. • Enrich networks • Helps stand local products • Enhance business performance

  21. How supporting such a policy can affect the private and the public

  22. Local Entrepreneurship Policy: The Festival of Lights in Frederikshavn L. Carlos Freire, PhD Candidate Dept. of Planning & Developement Aalborg University (Denmark)

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