Advertisement

What Is an Entrepreneurial Ecosystem?

  • Veneta Andonova
  • Milena S. Nikolova
  • Dilyan Dimitrov
Chapter

Abstract

This chapter reviews the concept of an entrepreneurial ecosystem, taking the extant research as a point of departure. It positions the story of the young Balkan entrepreneurial ecosystem as an opportunity to inspect and enrich the concept and highlights the pivotal role of the mindset change that was provoked by the Balkan entrepreneurial pioneers. It celebrates entrepreneurship by showing how it can be embraced as a value and a way of thinking in societies with limited entrepreneurial traditions.

References

  1. Acs, Z., Stam, E., Audretsch, D., & O’Connor, A. (2017). The lineages of the entrepreneurial ecosystem approach. Small Business Economics, 49(1), 1–10. https://doi.org/10.1007/s11187-017-9864-8CrossRefGoogle Scholar
  2. Auerswald, P. (2015). Enabling entrepreneurial ecosystems. Kauffman Foundation Research Series on City, Metro, and Regional Entrepreneurship, Ewing Marion Kauffman Foundation.Google Scholar
  3. Borissenko, Y., & Boschma, R. (2016). A critical review of entrepreneurial ecosystems: Towards a future research agenda. Paper in Evolutionary Economic Geography, 16(30), 1–20.Google Scholar
  4. Brown, R., & Mason, C. (2017). Looking inside the spiky bits: A critical review and conceptualization of entrepreneurial ecosystems. Small Business Economics, 49(1), 11–30.CrossRefGoogle Scholar
  5. Eleven quarterly report. (2017). Private correspondence with the managing founders.Google Scholar
  6. Feldman, M., & Braunerhjelm, P. (2007). The genesis of industrial clusters. In Cluster genesis: Technology-based industrial development (vol. 1, pp. 1–13). Oxford University Press.Google Scholar
  7. Isenberg, D. (2011). The entrepreneurship ecosystem strategy as a new paradigm for economic policy: Principles for cultivating entrepreneurship. The Babson Entrepreneurship Ecosystem Project, Babson Global. Retrieved from http://entrepreneurial-revolution.com/2011/05/11/the-entrepreneurship-ecosystem-strategy-as-a-new-paradigm-for-economic-policy-principles-for-cultivating-entrepreneurship/
  8. Livingston, J. (2007). Founders at work: Stories of startups’ early days. Berkeley, CA: Apress.Google Scholar
  9. Martin, R. (2015). Rebalancing the special economy: The challenge of regional theory. Territory, Politics, Governance, 3(3), 235–272.CrossRefGoogle Scholar
  10. Mason, C., & Brown, R. (2014). Entrepreneurial ecosystems and growth oriented entrepreneurship (pp. 1–38). OECD.Google Scholar
  11. Merriam-Webster dictionary online. Retrieved from https://www.merriam-webster.com/dictionary/balkanizedGoogle Scholar
  12. Neumeyer, X., & Corbett, A. (2017). Entrepreneurial ecosystems: Weak metaphor or genuine concept? In The great debates in entrepreneurship (pp. 35–45). Published online: August 10, 2017. Permanent link to this document: https://doi.org/10.1108/S1048-473620170000027005Google Scholar
  13. Schmutzler, J., Andonova, V., & Diaz-Serrano, L. (2018). How context shapes entrepreneurial self-efficacy as a driver of entrepreneurial intentions: A multilevel approach. Entrepreneurship Theory and Practice. https://doi.org/10.1177/1042258717753142
  14. Stam, E. (2015). Entrepreneurial ecosystems and regional policy: A sympathetic critique. European Planning Studies, 23(9), 1759–1769.CrossRefGoogle Scholar
  15. The Entrepreneurship Database Program at Emory University, summary report from 2016. Retrieved from https://www.galidata.org/assets/report/pdf/2016_Year_End_Summary.pdfGoogle Scholar
  16. Zahra, S., & Nambisan, S. (2012). Entrepreneurship and strategic thinking in business ecosystems. Business Horizons, 55, 219–229.CrossRefGoogle Scholar

Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Veneta Andonova
    • 1
  • Milena S. Nikolova
    • 2
  • Dilyan Dimitrov
    • 3
  1. 1.School of ManagementUniversidad de Los AndesBogotáColombia
  2. 2.American University in BulgariaBlagoevgradBulgaria
  3. 3.SofiaBulgaria

Personalised recommendations