Articlehybrid2019

Let's take the entrepreneurial ecosystem metaphor seriously!

176 citations0/0 files storedJournal of Business Venturing Insights

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Entrepreneurship Studies and Influences Private Equity and Venture Capital University-Industry-Government Innovation Models

Abstract

The notion of entrepreneurial ecosystems (EEs) has garnered considerable attention in the academic discourse. However, quite often this notion is treated as just a biological metaphor that should not be taken too seriously. I challenge this view and ask in a thought experiment what could be learned from the management of natural ecosystems to assist the development of EEs. The outcome is a novel, service-based definition of EEs and five suggested principles for the management of EEs that might advance theorizing on them and future empirical analysis.

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References

1991The Competitive Advantage of Nations 2000Location, Competition, and Economic Development: Local Clusters in a Global Economy 2001Causation and Effectuation: Toward a Theoretical Shift from Economic Inevitability to Entrepreneurial Contingency 2001Causation and Effectuation: Toward a Theoretical Shift from Economic Inevitability to Entrepreneurial Contingency 2015Entrepreneurial Ecosystems and Regional Policy: A Sympathetic Critique 2015The Relational Organization of Entrepreneurial Ecosystems 2022Systematic Approaches to a Successful Literature Review 2017The lineages of the entrepreneurial ecosystem approach

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