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Struggling with Entrepreneurial Ecosystems

Author

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  • Michael Fritsch

    (Friedrich Schiller University Jena)

Abstract

This article discusses the concept of entrepreneurial ecosystems. In particular, three propositions are made for further development of the concept. First, it is argued that entrepreneurial ecosystems should be regarded a part of the regional innovation system. Second, the scope of the concept should be expanded beyond high-performance start-ups and their founders to include the entire universe of "‘everyday" entrepreneurship. Third, the concept should account for the incumbent firms and the regional workforce. The paper then outlines main challenges of further development of the concept.

Suggested Citation

  • Michael Fritsch, 2024. "Struggling with Entrepreneurial Ecosystems," Jena Economics Research Papers 2024-007, Friedrich-Schiller-University Jena.
    • Handle: RePEc:jrp:jrpwrp:2024-0067
    as

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    File URL: https://oweb.b67.uni-jena.de/Papers/jerp2023/wp_2024_007.pdf
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    References listed on IDEAS

    as
    1. Andrews, RJ & Fazio, Catherine & Guzman, Jorge & Liu, Yupeng & Stern, Scott, 2022. "The Startup Cartography Project: Measuring and mapping entrepreneurial ecosystems," Research Policy, Elsevier, vol. 51(2).
    2. Coad, Alex & Karlsson, Johan, 2022. "A field guide for gazelle hunters: Small, old firms are unlikely to become high-growth firms," Journal of Business Venturing Insights, Elsevier, vol. 17(C).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Regional entrepreneurship; entrepreneurial ecosystems; regional development; entrepreneurship policy;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy

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