We investigate how regional entrepreneurial ecosystems have adapted to the information revolution as a techno-economic paradigm since the 1960s. Particularly, we look at how the organisation of firms and labour has changed in the automotive and ICT sectors in, respectively, the UK and Bulgaria. Findings show that, in both countries, it was the degree of cooperation between the local enterprises, research institutions and the government that enabled successful innovation in the regional clusters of the West Midlands and Sofia. The resulting ecosystems allowed, on the one hand, the already mature automotive sector in the UK to survive and, on the other hand, the newly developed ICT sector to be installed successfully in Bulgaria.
Bibliographical noteFunding Information:
The author(s) disclosed receipt of the following financial support for the research, authorship, and/or publication of this article: The authors are indebted to Carlota Perez, Ulrich Jürgens, Ivan Tchalakov, Pepka Boyadjieva, Joshua Ryan-Collins, Steven Dhondt and Peter Oeji for their comments and feedback on an earlier version of this article. This research was undertaken within the BEYOND4.0 project, which has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No. 822296.
© The Author(s) 2021.