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Too much support? Entrepreneurial ecosystems and firm growth

Author

Listed:
  • Qiantao Zhang

    (Xi’an Jiaotong-Liverpool University)

  • Shiri M. Breznitz

    (University of Toronto)

  • Steven Denney

    (University of Vienna)

Abstract

Although the concept of an entrepreneurial ecosystem has become appealing to both academics and policy makers, few studies have measured the impact of entrepreneurial ecosystems on firm growth. Using quantitative data, this paper analyzes a local innovation ecosystem to identify the contribution of a regional ecosystem to firm growth. The results indicate that firms that intensively rely on ecosystem intermediary organizations tend to experience less growth. In other words, when it comes to supporting firm growth, ‘the more the merrier’ does not apply.

Suggested Citation

  • Qiantao Zhang & Shiri M. Breznitz & Steven Denney, 2024. "Too much support? Entrepreneurial ecosystems and firm growth," The Journal of Technology Transfer, Springer, vol. 49(3), pages 996-1015, June.
    • Handle: RePEc:kap:jtecht:v:49:y:2024:i:3:d:10.1007_s10961-023-10013-1
    DOI: 10.1007/s10961-023-10013-1
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    More about this item

    Keywords

    Accelerators; Entrepreneurial ecosystems; Firm growth; Incubators; Policy;
    All these keywords.

    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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