Issues in Defining Regional Development: Exploration Potential From the Sea of Azores

01
Sep
2014
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Title Issues in Defining Regional Development: Exploration Potential From the Sea of Azores
Authors Luz Paramio, Teresa Tiago, Flávio Tiago, Sandra Faria
Publication date September 2014
Journal European Scientific Journal
Volume 2
Issue 10
Pages 461-465
Publisher European Scientific Institute

http://gty.im/200133396-001

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Abstract The purpose of this paper is to consider the methodological issues in last years of business development in the ocean-cluster research, which are holding back further development. Design/ methodology/ approach – The paper reviews several studies on business development and classifies definition inconsistencies found. Those differences are compared with methodological choices on sampling and with subsequent results. Research implications – Research on business development needs to introduce more attention to ocean-driven activities as a prerequisite for its advancement. The authors propose a framework based on the 10 issues identified to advance towards a consensus definition. Practical implications – Most measures launched are formulated based on studies done on inconsistent definitions and biased results. They might need to be reassessed. Findings – The diversity of definitions is explained by difficulties to obtain data and leads to different results. The authors propose a framework to advance towards a consensus definition, correctly contextualize the phenomenon of ocean-business investing and redefine public policies going forward. Originality/ value – The paper highlights the consequences of the lack of definition consistency in a research field of high interest for policy makers and practitioners.
Keywords Business development, Blue Ocean, Azores
Citation(APA) Paramio, L., Tiago, T., Tiago, F., & Faria, S. (2014). ISSUES IN DEFINING REGIONAL DEVELOPMENT: EXPLORATION POTENTIAL FROM THE SEA OF AZORES. European Scientific Journal, 10(10).
DOI
Link http://eujournal.org/index.php/esj/article/view/4174
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