Rust belt or revitalization: competing narratives in entrepreneurial ecosystems

Abstract

Purpose Entrepreneurial ecosystems, the inter-connected set of organizing forces that produce and sustain regional entrepreneurial activity, are receiving heightened attention. This research finds that narratives about ecosystem participants discursively construct entrepreneurial ecosystems. However, the studies do not emphasize ecosystem and region-level narratives, focus on ecosystems in which narratives are uncontested and, thus, do not examine how ecosystem narratives compete with other regional narratives. The purpose of this paper is to develop a theory that explains how narratives and entrepreneurial ecosystems emerge and change in response to existing regional narratives. Design/methodology/approach A longitudinal process model is proposed to explain how entrepreneurial ecosystem narratives emerge and compete with other regional narratives. To illustrate the phases of the model, archival data were collected from three entrepreneurial ecosystems where new narratives have had to overcome entrenched economic and cultural narratives. Findings It is theorized that entrepreneurial ecosystems emerge, in part, through discourse. For an entrepreneurial ecosystem to develop, a narrative must take hold that allows participants to make sense of the new entrepreneurial activities and the changes to the region. A four-phase process model is presented to explain how entrepreneurial ecosystem narratives compete with other regional narratives and, particularly, negative economic narratives. Originality/value The theory developed in this paper contributes to the research on entrepreneurial ecosystems and organizational narratives and generates practical implications for policymakers and entrepreneurs seeking to promote entrepreneurship as a tool for economic development.

The role of entrepreneurial families in entrepreneurial ecosystems: the family social capital approach

“…First, our case study shows a bundle of mechanisms displayed by the EF to promote entrepreneurship within an EE. The case study also shows a promotion of formal instruments to increase the narratives of EFs and new entrepreneurs in the ecosystem itself (Roundy, 2018; Isenberg, 2010) and to motivate social responsibility programs in EFs with deep roots within the region.…”

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Entrepreneurial Innovations in Countries at Different Stages of Development

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