“…There is a significant rise in attention to entrepreneurial ecosystems, especially with respect to entrepreneurship policy, funding, innovation, and institutional frameworks (Acs, Stam, Audretsch, & O'Connor, 2017;Aparicio, Iturralde, & Maseda, 2021;Buntins, Kerres, & Heinemann, 2021;Isenberg, 2014;Manolova, Brush, Edelman, Robb, & Welter, 2017;Mason & Brown, 2014;Stam, 2015). Some of the main reasons why governments in emerging economies promote entrepreneurial ecosystems include economic growth, employment, innovation, and advancing a knowledge-based economy (Aparicio et al, 2021;Armanios, Eesley, Li, & Eisenhardt, 2017;Lerner, 2010;McKenzie & Woodruff, 2014;Urbano, Aparicio, & Audretsch, 2019).…”