Enabling Entrepreneurial Ecosystems
Forthcoming in David Audretsch, Al Link, and Mary Walshok, eds. (2014). The Oxford Handbook of Local Competitiveness. Oxford, UK: Oxford University Press.
52 Pages Posted: 12 Oct 2014
Date Written: October 7, 2014
Governments and non-governmental grant-making organizations that seek to advance local competitiveness have turned increasingly to entrepreneurship-focused interventions. Based on their experience with such interventions, numerous informed practitioners are advocating for approaches that deemphasize direct financial support for entrepreneurs in favor of more broad based strategies of engagement that are aimed at enabling “entrepreneurial ecosystems” on the city or sub-national regional scale. In this chapter, I seriously engage with the idea of the “entrepreneurial ecosystem” to consider what sort of guidance researchers and policy-makers may get by making direct comparisons with the substantial literature on ecosystems in the fields of evolutionary biology and ecology.
Keywords: algorithms; complexity; entrepreneurship; entrepreneurial ecosystems; local competitiveness; recipes
JEL Classification: D2, M13, O18
Suggested Citation: Suggested Citation
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By Erik Stam