Addressing the distinctive features of entrepreneurial ecosystems in low-density territories

Abstract

Purpose This paper aims to explore the distinctive features of entrepreneurial ecosystems (EEs) in low-density territories (LDTs) and propose an innovative EE framework tailored to these specific contexts. Design/methodology/approach To achieve our objective, we conducted a comprehensive analysis of 51 relevant research papers that shed light on the characteristics of EEs in LDTs. By critically examining existing EE theoretical frameworks, we assess their applicability to the distinct features of LDTs. Findings The study highlights both the challenges and opportunities entrepreneurs face in LDTs, emphasizing the importance of local leadership, long-term strategic vision, collaborative approaches, sustainability and open boundaries with external ecosystems. We demonstrate that successful EEs in LDTs require customized strategies that reflect the region’s specific cultural, social and economic dynamics, as well as the integration of natural capital. Research limitations/implications The variability among LDTs may limit the generalizability of our framework. Additionally, we focused exclusively on peer-reviewed articles, excluding other sources such as books and conference papers, which could offer complementary perspectives. Practical implications Developing resilient EEs in LDTs can serve as a catalyst for both economic and social growth in these regions. Our framework provides policymakers with practical tools to empower local entrepreneurs, stimulate economic activity and promote sustainable development in their regions. Originality/value This research makes a pioneering contribution by offering a tailored EE framework for LDTs, addressing gaps in the existing urban-centric models. Our findings provide actionable insights for policymakers and a foundation for future research in rural entrepreneurship.

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