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Management of Entrepreneurial Ecosystems
Abstract
There is an increasing policy interest toward entrepreneurial ecosystems. Yet, little is actually known about how an entrepreneurial ecosystem works and what the related policy challenges are. Drawing on research on ecological economics and community governance, this chapter develops a theoretical framework for entrepreneurial ecosystem management. Using a Scottish entrepreneurial ecosystem initiative as an example, the authors conclude that policy approaches that emphasize deep stakeholder engagement are likely to give rise to better informed, targeted, and more effectively implemented policy initiatives in entrepreneurial ecosystems than will market failure and structural failure approaches.
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Industrial clusters co-evolve within the same network, often driven by cross-fertilization, as the main competitors are based outside the ecosystem or 'coopetive' relationships are formed.
“Industrial clusters co- evolve within the same network, often driven by cross- fertilization ( Autio & Levie, 2017) as the main competitors are based outside the ecosystem (Autio et al., 2018 ) or 'coopetive' relationships are formed (Gnyawali et al., 2011).”
From Toward an Entrepreneurial Ecosystem Research Program (2022) · cites this paper as Autio & Levie, 2017
Mature ecosystems have more efficient resource allocation due to knowledge spillovers.
“The studies emphasized a more efficient resource allocation of mature ecosystems due to knowledge spillovers (in line with the ecosystem conceptualisation of Acs et al., 2014 ; Autio & Levie, 2017).”
From Toward an Entrepreneurial Ecosystem Research Program (2022) · cites this paper as Autio & Levie, 2017
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Cited by
Sorted by citations
Toward an Entrepreneurial Ecosystem Research Program
Wurth, B., Stam, E., & Spigel, B. (2022) · Entrepreneurship Theory and Practice · doi:10.1177/1042258721998948 · Cited by 789
“Policy makers should always con - sider prioritizing the bottlenecks in their ecosystem (Acs et al., 2014 ; Autio & Levie, 2017 ) and, particularly at the national level, try to create favorable conditions in which regions with differ - ent strengths and weaknesses can flourish.”
Metadata
- Authors
- Autio, E., & Levie, J.
- Affiliations
- Imperial College London (GB)
- University of Strathclyde (GB)
- Venue
- The Wiley Handbook of Entrepreneurship
- Publisher
- Wiley
- Published
- 2017-07-17
- Pages
- 423-449
- OpenAlex
- W2735787300
- Cited by
- 148
- References
- 1
- Citations by year
- 2026: 6 · 2025: 17 · 2024: 24 · 2023: 20 · 2022: 17 · 2021: 22 · 2020: 16 · 2019: 9 · 2018: 6 · 2017: 9
- Type
- other
- Language
- en
- Open access
- closed
- Topics
- Social Sciences › Business, Management and Accounting › Management of Technology and Innovation › Entrepreneurship Studies and Influences
- Social Sciences › Business, Management and Accounting › Management of Technology and Innovation › University-Industry-Government Innovation Models
- Social Sciences › Urban Studies › Cultural Industries and Urban Development
- Keywords
- entrepreneurial ecosystems, ecosystem management, entrepreneurship policy, stakeholder engagement, community governance, ecological economics, market failure, structural failure, policy implementation
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