Entrepreneurial ecosystem elements

By E. Stam, Andrew H. Van de Ven. Small Business Economics, 2019

954 citations recorded by the source corpus.

There is a growing interest in ecosystems as an approach for understanding the context of entrepreneurship at the macro level of an organizational community. It consists of all the interdependent actors and factors that enable and constrain entrepreneurship within a particular territory. Although growing in popularity, the entrepreneurial ecosystem concept remains loosely defined and measured. This paper shows the value of taking a systems view of the context of entrepreneurship: understanding entrepreneurial economies from a systems perspective. We use a systems framework for studying entrepreneurial ecosystems, develop a measurement instrument of its elements, and use this to compose an entrepreneurial ecosystem index to examine the quality of entrepreneurial ecosystems in the Netherlands. We find that the prevalence of high-growth firms in a region is strongly related to the quality of its entrepreneurial ecosystem. Strong interrelationships among the ecosystem elements reveal their interdependence and need for a systems perspective.

Subfields: Accounting, Management of Technology and Innovation, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/6c523c2bb162a0c6dff131dae1efb2ca5bfd57e3

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In Accounting

  1. Daniel S. Cho
  2. Paul Ryan
  3. G. Buciuni

In Management of Technology and Innovation

  1. Daniel S. Cho
  2. Paul Ryan
  3. G. Buciuni

In Strategy and Management

  1. Daniel S. Cho
  2. Paul Ryan
  3. G. Buciuni

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