A Resource-based View of Entrepreneurial Ecosystems

Freiling, Jörg; Baron, Thomas

doi:10.1007/978-3-658-16042-5_4

Cited by 9 publications

(12 citation statements)

References 29 publications

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“…It is "a set of interconnected entrepreneurial actors (both potential and existing), entrepreneurial organizations (e.g., firms, venture capitalists, business angels, banks), institutions (universities, public sector agencies, financial bodies) and entrepreneurial processes (e.g., the business birth rate, numbers of high growth firms and serial entrepreneurs (…) which formally and informally coalesce to connect, mediate and govern the performance within the local entrepreneurial environment" (Mason and Brown, 2014). This definition mirrors the essence of entrepreneurial ecosystems "to connect a critical mass of actors and resources that fuel the entrepreneurial actors in the entire region and provide a self-sustaining environment in which entrepreneurial activity emerges and start-ups develop and expand" (Freiling and Baron, 2017). In turn, Spiegel (2017) emphasizes the result of an effective ecosystem, which is the productive entrepreneurship, namely: The entrepreneurial ecosystem is an interdependent group of local culture (actors), social networks, universities, investment sources, coordinated economic policies (factors) in such a way as to create a good environment enabling productive entrepreneurship in each region.…”

Section: Entrepreneurial Ecosystems -Conceptualization and Critical Factorsmentioning

confidence: 99%

“…Undoubtedly, to ensure the sustainable development of the ecosystem, consistency must be ensured in terms of critical factors. Researchers of this subject (Adams, 2011;Isenberg, 2011;Feld, 2012;Thomas and Autio 2013;Acs et al, 2014;Mason and Brown, 2014;Neumeyer and Corbett, 2017;Spigel 2017;Stam and Spigel, 2017;Freiling and Baron, 2017;Theodoraki et al, 2018;Wallisch et al, 2019) indicate, inter alia, on the following critical factors for ecosystem emergence and sustainability:…”

Section: Entrepreneurial Ecosystems -Conceptualization and Critical Factorsmentioning

confidence: 99%

“…Entrepreneurial ecosystems have gained increasing attention over the past decade as governments, private companies, universities and communities began to recognize the potential of integrated policies, structures, programs and processes that foster entrepreneurial activities in the region and boost innovation, employment growth and productivity (Isenberg, 2011;Mason and Brown, 2014;Stam, 2015;Hayter, 2016;Brown and Mason, 2017;Freiling and Baron, 2017;Spigel, 2017;Theodoraki et al, 2018;Tomski, 2018;Wallisch et al, 2019). Despite the increasing interest in entrepreneurial ecosystems, there is still a challenge how they should be composed and interrelated to create a conducive and supportive environment to set up and growth innovative ventures and thus contribute to the development of the region.…”

Section: Introductionmentioning

confidence: 99%

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Providing a Nurturing Environment for Start-up Incubation: An Explorative Study of a University-based Entrepreneurial Ecosystem

Badzińska¹

2021

ERSJ

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Purpose:The empirical purpose of the study is to identify the key actors of the local universitybased start-up ecosystem and assess the forms of support (substantive, financial and organizational) they provide to create a conducive environment for academic start-ups. Design/Methodology/Approach: The paper draws on a broad management science literature review, covering various approaches to the concept of entrepreneurial ecosystems, using the following methods: exploration, interpretation, comparing, analysing critical factors, and inferring. The empirical research applies the method of in-depth semi-structured direct interview with experts in the field of support services to potential founders and start-ups with academic origin, the case study method, participatory observation, and reflection. The explorative qualitative study uses both descriptive and explanatory techniques. Findings: The research findings provide insight in the real nature of the local university-based start-up ecosystem presenting its key actors (stakeholders), the forms of their support for start-up incubation and ways of creating a conducive environment for potential founders and start-ups, as well as critical factors of entrepreneurial ecosystems. Practical Implications: The synthesis of the current reflections on entrepreneurial ecosystems can contribute to the discussion on the dilemmas associated with increasing the efficiency and sustainability of local start-up ecosystems and the need to build valuable relationships with external stakeholder. The research findings reflected here can benefit both employees of business incubators, researchers, and entrepreneurship teachers and become an inspiration for further analysis and extended research on this problem. Originality/Value: The originality of the conducted exploratory research lies in presenting the key actors, their interrelationships, and achievements of the specific university-based start-up ecosystem as well as the supporting activities and formats provided by the university business incubator to create a favourable environment for academic start-ups. The study highlights the mutual relationships within the start-up ecosystem and critical factors which are crucial to stimulate and support ambitious entrepreneurship in the region.

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Section: Entrepreneurial Ecosystems -Conceptualization and Critical Factorsmentioning

confidence: 99%

Section: Entrepreneurial Ecosystems -Conceptualization and Critical Factorsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Providing a Nurturing Environment for Start-up Incubation: An Explorative Study of a University-based Entrepreneurial Ecosystem

Badzińska¹

2021

ERSJ

View full text Add to dashboard Cite

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“…ISSN 2345-0282 (online) http://jssidoi.org/jesi/ 2020 Volume 7 Number 4 (June) http://doi.org/10. 9770/jesi.2020.7.4(34) creating unexplored goods and services (Shane & Venkataraman 2000), and "entrepreneurial ecosystem" narrows down the agglomeration to the interactions between players in a certain region (Freiling & Baron 2017). This approach implies that individuals (actors) and organisations (firms and institutions) interact and new start-ups are developed in the process (Stam 2014).…”

Section: Entrepreneurship and Sustainability Issuesmentioning

confidence: 99%

How macro level foundations influence emerging micro entrepreneurial activities: The case of South Africa

Ramírez¹,

Human²

2020

JESI

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The importance of macro conditions for creating an environment conducive for startups to establish themselves and grow is emphasised. This paper considers the influence of two sets of macro foundations, domestic ecosystems and entrepreneurial networks as well as entrepreneurship education and research, on perceived emerging micro entrepreneurial activity. We show that the domestic ecosystem affects entrepreneurial networks, and together with entrepreneurship education, they have an impact on emerging entrepreneurial activity. Macro entrepreneurial factors also drive emerging entrepreneurial activity directly, and these relationships call for more research.

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“…Different studies (Lazzeri and Piccaluga, 2014;Moutinho et al, 2016) have shown that the presence of TTO, ILOs and Patent Office directly affects the number of spinoffs created by a University. Different studies show financial and human resources, especially in ASO, often seem to be the most critical (Moray and Clarysse, 2005;Messersmith and Wales, 2013;Freiling and Baron, 2017). The ASOs are a very special firm, and are not fully comparable to other companies or start-ups.…”

Section: Spin-off Organizations As An Effect Of Entrepreneurial Universitymentioning

confidence: 99%

Rethinking the university system: toward the entrepreneurial university (the case of Italy)

Vesperi

Gagnidze

2019

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Purpose The purpose of this study is to investigate contemporary changes in the education system. In particular, an analysis of the mechanisms of coordination and communication involved in the process can show how different geographical factors with different relational mechanisms may contribute to the creation of a new academic entrepreneurship. Design/methodology/approach The authors propose a methodology with two-step approach. In the first part of the paper, they use a theoretical approach to carry out a longitudinal study of academic literature on the topics of “entrepreneurial university,” “academic entrepreneurship” and “spin-off organizations.” In the second part, they use cross-database analysis to theorize the main aspects of recent developments in higher education in Italy. To this end, the authors use three public and open-access databases on spin-offs, universities and higher education institutions and incubators in Italy. Findings First, issues relating to the formation and best practices of entrepreneurial universities are discussed, based on the works of researchers from 25 countries. Second, a hypothesis is put forward to suggest that the organizational model of entrepreneurial university affects microeconomic competitiveness. Third, a case study of Italian spin-off organizations suggests that the number of incubators and spin-offs, and the type of academic knowledge, all directly affect the entrepreneurial university. Originality/value This paper aims to examine the role of the university in the modern economic system. The originality of this investigation lies in its ability to offer a picture and first analysis of the main actors and of the entrepreneurial university system.

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A Resource-based View of Entrepreneurial Ecosystems

Cited by 9 publications

References 29 publications

Providing a Nurturing Environment for Start-up Incubation: An Explorative Study of a University-based Entrepreneurial Ecosystem

Providing a Nurturing Environment for Start-up Incubation: An Explorative Study of a University-based Entrepreneurial Ecosystem

How macro level foundations influence emerging micro entrepreneurial activities: The case of South Africa

Rethinking the university system: toward the entrepreneurial university (the case of Italy)

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