Carvalho L.,Erasmus University Rotterdam |
Santos I.P.,Instituto Pedro Nunes IPN |
Van Winden W.,University of Amsterdam
Expert Systems with Applications | Year: 2014
The success of cities increasingly relies on its capacity to capitalize on its knowledge base, but also on its potential to anchor external knowledge and the strategies of knowledge-based firms. In this paper we analyze how a "born global" start-up firm is linked to different types of places, and how it explores and exploits different territorial innovation potentials. Our case company - i.e., Living PlanIT - develops, tests and sells smart city software to processes real-time information collected through sensors embedded in a city's buildings and infrastructure towards energy savings and manifold efficiency gains. The paper illustrates how the interaction with different places and knowledge-based cities provides unique resources for the technology development, search, experimentation, market formation and societal legitimation. Beyond focusing on a place's fixed knowledge assets, the paper empirically assesses the innovation functions of different types of knowledge-cities and temporary "non-places" such as international high-level events. © 2014 Published by Elsevier Ltd.