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Towards Entrepreneurial Ecosystem Indicators : Speed and Acceleration

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  • Th'eophile Carniel
  • Jean-Michel Dalle

Abstract

We suggest the use of indicators to analyze entrepreneurial ecosystems, in a way similar to ecological indicators: simple, measurable, and actionable characteristics, used to convey relevant information to stakeholders and policymakers. We define 3 possible such indicators: Fundraising Speed, Acceleration and nth-year speed, all related to the ability of startups to develop more or less rapidly in a given ecosystem. Results based on these 3 indicators for 6 prominent ecosystems (Berlin, Israel, London, New York, Paris, Silicon Valley) exhibit markedly different situations and trajectories. Altogether, they contribute to confirm that such indicators can help shed new and interesting light on entrepreneurial ecosystems, to the benefit of potentially more grounded policy decisions, and all the more so in otherwise blurred and somewhat cacophonic environments.

Suggested Citation

  • Th'eophile Carniel & Jean-Michel Dalle, 2020. "Towards Entrepreneurial Ecosystem Indicators : Speed and Acceleration," Papers 2006.14313, arXiv.org.
    • Handle: RePEc:arx:papers:2006.14313
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    1. David Audretsch & Colin Mason & Morgan P. Miles & Allan O’Connor, 2018. "The dynamics of entrepreneurial ecosystems," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 30(3-4), pages 471-474, March.
    2. Autio, Erkko & Kenney, Martin & Mustar, Philippe & Siegel, Don & Wright, Mike, 2014. "Entrepreneurial innovation: The importance of context," Research Policy, Elsevier, vol. 43(7), pages 1097-1108.
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