Entrepreneurial ecosystems: a dynamic lifecycle model
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The concept of entrepreneurial ecosystems has been used as a framework to explain entrepreneurial activities within regions and industrial sectors. Despite the usefulness of this approach, the concept is under-theorized, especially with regard to the evolution of entrepreneurial ecosystems. The current literature is lacking a theoretical foundation that addresses the development and change of entrepreneurial ecosystems over time and does not consider the inherent dynamics of entrepreneurial ecosystems that lead to their birth, growth, maturity, decline, and re-emergence. Taking an industry lifecycle perspective, this paper addresses this research gap by elaborating a dynamic entrepreneurial ecosystem lifecycle model. We propose that an ecosystem transitions from an entrepreneurial ecosystem, with a focus on new firm creation, towards a business ecosystem, with a core focus on the internal commercialization of knowledge, i.e., intrapreneurial activities, and vice versa. Our dynamic model thus captures the oscillation that occurs among entrepreneurs and intrapreneurs through the different phases of an ecosystem’s lifecycle. Our dynamic lifecycle model may thus serve as a starting point for future empirical studies focusing on ecosystems and provide the basis for a further understanding of the interrelatedness between and co-existence of new and incumbent firms.
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The desirable outcomes of entrepreneurial ecosystems nowadays are productive and opportunity-driven entrepreneurship.
“The desirable outcomes of EEs nowadays are therefore productive and opportunity-driven entrepreneurship (Cantner et al., 2020;Stam, 2018).”
From Entrepreneurial ecosystems, institutional quality, and the unexpected role of the sustainability orientation of entrepreneurs (2024) · cites this paper as Cantner et al., 2020
The Introduction describes entrepreneurship as the commercialization of ideas through new ventures, and §4.1 describes entrepreneurs exploiting opportunities to create societal and economic utility (page numbers unavailable). These passages support the opportunity-driven aspect, but they do not identify “productive and opportunity-driven entrepreneurship” as the desirable outcomes of entrepreneurial ecosystems. (LLM, conf=0.76)
Experimental — accuracy not yet measuredA sustainability orientation could become the seventh and most important pillar of entrepreneurial ecosystems.
“Following Cantner et al. (2020) and Isenberg's (2011) six pillars of EE, we claim that a sustainability orientation could become the 7th and the most important pillar of EEs.”
From Entrepreneurial ecosystems, institutional quality, and the unexpected role of the sustainability orientation of entrepreneurs (2024) · cites this paper as Cantner et al. (2020)
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Toward a process theory of entrepreneurial ecosystems
Spigel, B., & Harrison, R. (2018) · Strategic Entrepreneurship Journal · doi:10.1002/sej.1268 · Cited by 1,163 · see citing works
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Audretsch, D. B., & Belitski, M. (2017) · The Journal of Technology Transfer · doi:10.1007/s10961-016-9473-8 · Cited by 977 · see citing works
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Cunningham, J. A., Menter, M., & Young, C. (2017) · The Journal of Technology Transfer · doi:10.1007/s10961-016-9491-6 · Cited by 129 · see citing works
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Sorted by citations
Audretsch, D. B., Belitski, M., Eichler, G. M., & Schwarz, E. (2024) · Small Business Economics · doi:10.1007/s11187-023-00763-5 · Cited by 105 · see citing works
Dynamic Configurations of Entrepreneurial Ecosystem Elements for Blended Value Creation
Pelegrini, G. C., de Moraes, G. H. S. M., do Prado, N. B., Fischer, B. B., & Anholon, R. (2025) · Sustainable Development · doi:10.1002/sd.3469 · Cited by 6 · see citing works
- Authors
- Cantner, U., Cunningham, J. A., Lehmann, E. E., & Menter, M.
- Affiliations
- Friedrich Schiller University Jena (DE)
- Northumbria University (GB)
- University of Augsburg (DE)
- Corresponding author
- Cantner, Uwe
- Venue
- Small Business Economics
- Published
- 2020-02-01
- Volume
- 57
- Issue
- 1
- Pages
- 407-423
- ISSN
- 0921-898X (ISSN-L)
- 1573-0913
- OpenAlex
- W2984781427
- Cited by
- 333
- References
- 4
- Citations by year
- 2026: 70 · 2025: 70 · 2024: 50 · 2023: 54 · 2022: 41 · 2021: 32 · 2020: 15 · 2019: 1
- FWCI
- 30.22
- Type
- journal article
- Language
- en
- Open access
- hybrid
- doi.org
- Locations
- Small Business Economics (publishedVersion, cc-by)
- Northumbria Research Link (Northumbria University) (acceptedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Econstor (Econstor) (submittedVersion)
- Econstor (Econstor) (submittedVersion, cc-by)
- OPUS (Augsburg University) (submittedVersion, cc-by)
- Common Library Network (Der Gemeinsame Bibliotheksverbund) (submittedVersion, cc-by)
- Funders
- Friedrich-Schiller-Universität Jena
- 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 › Business, Management and Accounting › Strategy and Management › Innovation and Knowledge Management
- Keywords
- entrepreneurial ecosystems, business ecosystems, corporate entrepreneurship, new firm creation, knowledge commercialization, ecosystem evolution, incumbent firms
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