Small Business Economics最新文献_第3页

Connectedness of entrepreneurial ecosystems: the impact of VC financing mobility on startup valuations 创业生态系统的连通性：风险投资流动性对创业公司估值的影响

IF 6.4 1区经济学

Small Business Economics Pub Date : 2025-04-03 DOI: 10.1007/s11187-025-01021-6

Peter Wirtz, Max Berre

引用次数: 0

Measuring entrepreneurial ecosystems across levels: a district approach 衡量各层次的创业生态系统：地区方法

IF 6.4 1区经济学

Small Business Economics Pub Date : 2025-04-02 DOI: 10.1007/s11187-025-01041-2

Sophia Hess, Andreas Wahl, Alan R. Johnson

{"title":"Measuring entrepreneurial ecosystems across levels: a district approach","authors":"Sophia Hess, Andreas Wahl, Alan R. Johnson","doi":"10.1007/s11187-025-01041-2","DOIUrl":"https://doi.org/10.1007/s11187-025-01041-2","url":null,"abstract":"Entrepreneurial ecosystem measures should combine archival civic and self-reported entrepreneur data. This combination helps to overcome the limitations of aggregated archival data that affect our collective capacity to derive actionable insights for research and policy. Previous measurement approaches lack consistency with entrepreneurial ecosystem theory because they do not capture data at a sufficiently local level or data about entrepreneurs’ values, beliefs, and attitudes. This paper proposes a new measurement approach for EE elements at the district level (NUTS-3), facilitating comparisons of local geographic EE properties and measuring relations between entrepreneurs, new ventures, and their ecosystems. Using confirmatory factor analysis, we combine self-reported and archival data to connect the micro and macro dimensions of the entrepreneurial ecosystem phenomenon. Analyzing survey data from 257 founders of innovative startups across 29 NUTS-3 districts in Baden-Württemberg, Germany, our findings support the “substitutability logic” among ten entrepreneurial ecosystem elements and uncover district-level geographic properties. Our study offers replication possibilities, recommendations for entrepreneurs’ actions, and policy monitoring.","PeriodicalId":21803,"journal":{"name":"Small Business Economics","volume":"66 1","pages":""},"PeriodicalIF":6.4,"publicationDate":"2025-04-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143758514","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Stagnating or flourishing? How entrepreneurial support organizations navigate constraints in nascent ecosystems 停滞还是繁荣？创业支持组织如何在新生生态系统中应对约束

IF 6.4 1区经济学

Small Business Economics Pub Date : 2025-03-31 DOI: 10.1007/s11187-025-01042-1

Giovanni Negri, Giacomo Ciambotti, Christina Theodoraki, David Littlewood

{"title":"Stagnating or flourishing? How entrepreneurial support organizations navigate constraints in nascent ecosystems","authors":"Giovanni Negri, Giacomo Ciambotti, Christina Theodoraki, David Littlewood","doi":"10.1007/s11187-025-01042-1","DOIUrl":"https://doi.org/10.1007/s11187-025-01042-1","url":null,"abstract":"Entrepreneurial support organizations can play an important role in nascent entrepreneurial ecosystems by enabling productive and sustainable entrepreneurship. However, in such ecosystems, entrepreneurial support organizations may struggle to access the resources they need to activate their support. Drawing upon inductive qualitative research with 31 entrepreneurial support organizations and 40 interviews in Uganda, we examine how entrepreneurial support organizations navigate challenges of resource-constraints in nascent entrepreneurial ecosystems. A conceptual model is developed, depicting (1) key challenges entrepreneurial support organizations face in resource-constrained nascent entrepreneurial ecosystems, (2) the practices they enact to navigate such challenges, and (3) the implications of these practices at the meso-level of the “entrepreneurial support ecosystem.” We find that some entrepreneurial support organizations use adaptation practices to navigate challenges in nascent entrepreneurial ecosystems, while others deploy more agentic collaboration and transformation practices. We describe the latter as “ecosystem work” defined as efforts to create, maintain, and disrupt entrepreneurial support ecosystems. Finally, our model depicts how different navigating practices may influence entrepreneurial support dynamics. We suggest that while adaptation alone may result in stagnating entrepreneurial support ecosystems, “ecosystem work” may engender flourishing entrepreneurial support ecosystems.","PeriodicalId":21803,"journal":{"name":"Small Business Economics","volume":"58 1","pages":""},"PeriodicalIF":6.4,"publicationDate":"2025-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143737128","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Different strokes for different folks: a configurational analysis of entrepreneurial ecosystems 不同的人有不同的风格：创业生态系统的配置分析

IF 6.4 1区经济学

Small Business Economics Pub Date : 2025-03-31 DOI: 10.1007/s11187-025-01038-x

Daniel L. Bennett, Siddharth Vedula, Michael Araki

{"title":"Different strokes for different folks: a configurational analysis of entrepreneurial ecosystems","authors":"Daniel L. Bennett, Siddharth Vedula, Michael Araki","doi":"10.1007/s11187-025-01038-x","DOIUrl":"https://doi.org/10.1007/s11187-025-01038-x","url":null,"abstract":"We adopt a pluralistic view of productive entrepreneurship to examine how various elements of entrepreneurial ecosystems (EEs) affect both performance-based (high-growth entrepreneurship) and non-performance-based (proprietorship rate and new venture creation) outcomes. Our theoretical framework is guided by the recently developed three-step configurational approach, and our analysis employs fuzzy-set qualitative comparative analysis (fsQCA) on a comprehensive sample of U.S. regional EEs. We identified five types of EEs—Bottom-Up Ecosystem, Top-Down Ecosystem, Free Enterprise Foundation, Collectivistic VC-backed Ecosystem, and Individualistic VC-backed Ecosystem—highlighting diverse ways in which local resource endowments (e.g., talent and finance) and institutional arrangements (e.g., formal institutions and culture) combine to foster different entrepreneurial outcomes. This study broadens the applicability of the EE configurational approach, moving beyond the “Silicon Valley” model to embrace a more inclusive “Main Street” perspective, addressing the call for a more nuanced understanding of entrepreneurship determinants and outcomes across different contexts.","PeriodicalId":21803,"journal":{"name":"Small Business Economics","volume":"19 1","pages":""},"PeriodicalIF":6.4,"publicationDate":"2025-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143736952","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

No islands of entrepreneurship—mapping the trans-local dimension of entrepreneurial ecosystems through networks of accelerator participation 没有创业孤岛——通过加速器参与网络绘制创业生态系统的跨地方维度

IF 6.4 1区经济学

Small Business Economics Pub Date : 2025-03-28 DOI: 10.1007/s11187-025-01026-1

Andreas Kuebart, Erica Santini, Valentina Forrer

{"title":"No islands of entrepreneurship—mapping the trans-local dimension of entrepreneurial ecosystems through networks of accelerator participation","authors":"Andreas Kuebart, Erica Santini, Valentina Forrer","doi":"10.1007/s11187-025-01026-1","DOIUrl":"https://doi.org/10.1007/s11187-025-01026-1","url":null,"abstract":"This paper explores the geography of entrepreneurial ecosystems (EEs) and provides a typology of how EEs are connected trans-locally. Although the literature has mainly focused on the place-specificities of EEs, there is limited research on the trans-local connections established by entrepreneurial support organizations (ESOs) that foster exogenous dynamics. Exploiting a longitudinal dataset of European startups participating in accelerator programs embedded within EEs, this study disentangles patterns of temporary relocation and maps the centrality of EEs through both network and cluster analysis. Our results support the notion of startups being locally embedded but also emphasize the flow of knowledge and resource exchange across different EEs. Eventually, the spatial network of temporary relocations highlights a mix of EE profiles, indicating that trans-local exchange through accelerator participation is the norm rather than the exception within EEs. This study contributes to a deeper understanding of the interconnectedness of EEs and the role of accelerators in facilitating and shaping trans-local entrepreneurial activities.","PeriodicalId":21803,"journal":{"name":"Small Business Economics","volume":"183 1","pages":""},"PeriodicalIF":6.4,"publicationDate":"2025-03-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143723579","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

What increases the urban–rural gap in firm entry rates? 是什么扩大了企业进入率的城乡差距？

IF 6.4 1区经济学

Small Business Economics Pub Date : 2025-03-28 DOI: 10.1007/s11187-025-01044-z

Younjun Kim, Peter F. Orazem

引用次数: 0

Opening entrepreneurial ecosystem black boxes 打开创业生态系统黑箱

IF 6.4 1区经济学

Small Business Economics Pub Date : 2025-03-27 DOI: 10.1007/s11187-025-01037-y

Erik Stam, Christina Theodoraki, Niels Bosma, Didier Chabaud, Grégory Guéneau

{"title":"Opening entrepreneurial ecosystem black boxes","authors":"Erik Stam, Christina Theodoraki, Niels Bosma, Didier Chabaud, Grégory Guéneau","doi":"10.1007/s11187-025-01037-y","DOIUrl":"https://doi.org/10.1007/s11187-025-01037-y","url":null,"abstract":"The entrepreneurial ecosystem concept has gained significant traction in both academic and policy discussions. However, the internal mechanisms and interrelations within and between entrepreneurial ecosystems are not fully understood: entrepreneurial ecosystem black boxes need to be opened. To advance the field, this special issue identifies key research themes essential to developing a rigorous and transdisciplinary entrepreneurial ecosystem research program. The first theme explores the configurations of entrepreneurial ecosystem elements, focusing on their structure, composition, and impact on different types of entrepreneurship. The second theme examines social interactions within and across entrepreneurial ecosystems, analyzing network characteristics, relationships, and temporal dynamics. The third theme investigates ecosystem outcomes, assessing entrepreneurial outputs and their contributions to aggregate welfare and sustainable development. The fourth theme delves into entrepreneurial ecosystem evolution, including mechanisms like entrepreneurial recycling and the feedback loops that drive ecosystem transformation. The fifth theme addresses entrepreneurial ecosystem boundaries, emphasizing the need for clear delimitation while recognizing inter-ecosystem connectivity. Finally, the sixth theme highlights the measurement of entrepreneurial ecosystems, advocating for standardized metrics to ensure comparability and the accumulation of knowledge. The special issue includes six original studies that contribute to opening these entrepreneurial ecosystem black boxes, employing diverse methodologies and addressing significant gaps in entrepreneurial ecosystem research. By fostering cumulative scholarship, this collection aims to enhance understanding and inform evidence-based policy and practice in entrepreneurial ecosystem development.","PeriodicalId":21803,"journal":{"name":"Small Business Economics","volume":"57 1","pages":""},"PeriodicalIF":6.4,"publicationDate":"2025-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143712920","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Entrepreneurial ecosystems and interregional flows of entrepreneurial talent 创业生态系统与创业人才的区域间流动

IF 6.4 1区经济学

Small Business Economics Pub Date : 2025-03-24 DOI: 10.1007/s11187-025-01022-5

Leonardo Mazzoni, Massimo Riccaboni, Erik Stam

引用次数: 0

Creating an entrepreneurial ecosystem in a ‘knowledge desert’: the role of international connectivity and public institutional support 在“知识沙漠”中创建创业生态系统：国际联系和公共机构支持的作用

IF 6.4 1区经济学

Small Business Economics Pub Date : 2025-03-21 DOI: 10.1007/s11187-025-01028-z

Majella Giblin, Carlos Rodriguez, Giulio Buciuni, Paul Ryan

{"title":"Creating an entrepreneurial ecosystem in a ‘knowledge desert’: the role of international connectivity and public institutional support","authors":"Majella Giblin, Carlos Rodriguez, Giulio Buciuni, Paul Ryan","doi":"10.1007/s11187-025-01028-z","DOIUrl":"https://doi.org/10.1007/s11187-025-01028-z","url":null,"abstract":"Whilst the literature on entrepreneurial ecosystems (EEs) predominantly concentrates on endogenously developed systems of entrepreneurial actors, this paper investigates the atypical emergence of EEs initiated by inward foreign direct investment (FDI). In these more deviant cases, international connectivity and public policy initiative are rooted in the ecosystem from the outset, but their interdependence has received only limited attention to date. This gap led to our research question: how does the interplay between public institutional support and international connectivity facilitate the emergence and growth of an entrepreneurial ecosystem in a ‘desert of knowledge’? An empirical analysis is undertaken on the development of the Medical Technology sector in two locations — Costa Rica Central Valley and the West of Ireland — where inward FDI from public policy initiative was the trigger for the genesis and subsequent growth of the sector in both regions. Despite having similar starting points, an entrepreneurial ecosystem has developed in one location (West of Ireland), whilst the other (Costa Rica Central Valley) has fallen short to date. By undertaking a comparative analysis, the main finding reveals that public institutional support must promote the local development of knowledge capabilities to absorb knowledge from abroad (outside-in) and transform knowledge to serve an international market through domestic new entrepreneurial firms and FDI (inside-out). The evolving nature, timing, and quality of public institutional support and international connectivity matters in hindering or promoting an EE from FDI.","PeriodicalId":21803,"journal":{"name":"Small Business Economics","volume":"22 1","pages":""},"PeriodicalIF":6.4,"publicationDate":"2025-03-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143666371","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Pushing the boundaries of entrepreneurial ecosystems: antecedents to international network activity of entrepreneurial firms 推动创业生态系统的边界：创业公司国际网络活动的前因

IF 6.4 1区经济学

Small Business Economics Pub Date : 2025-03-21 DOI: 10.1007/s11187-025-01023-4

Eve-Michelle Basu, Angelika Lindstrand, Joakim Fichtel

{"title":"Pushing the boundaries of entrepreneurial ecosystems: antecedents to international network activity of entrepreneurial firms","authors":"Eve-Michelle Basu, Angelika Lindstrand, Joakim Fichtel","doi":"10.1007/s11187-025-01023-4","DOIUrl":"https://doi.org/10.1007/s11187-025-01023-4","url":null,"abstract":"We investigate the international network activity of entrepreneurial firms and its implications for the territorial boundaries of entrepreneurial ecosystems. Integrating the idea that territory and networks are distinct structures that can overlap with prior work suggesting that interorganizational networks formed by entrepreneurial firms pursuing opportunities transcend geographic boundaries, we focus on the antecedents to the international network activity of entrepreneurial firms in entrepreneurial ecosystems. We study how entrepreneurial ecosystem conditions, network embeddedness, and speed of firm growth influence the international network activity of 290 dedicated biotech firms located in four regional entrepreneurial ecosystems in Sweden over a period of 10 years. Descriptive data analyses reveal that the interorganizational networks created by the firms in our sample span territorial boundaries with more than half of all network activity involving a partner located in a foreign country. The results of a series of panel regression analyses further indicate that the conditions in the regional entrepreneurial ecosystems and firm characteristics influence the extent of international network activity. Through our work, we add to the scholarly understanding of the complex geography of entrepreneurial ecosystems. Our research highlights that the network activity of entrepreneurial firms oftentimes spans the territorial boundaries of entrepreneurial ecosystems and suggests that thinking outside the box of traditional predetermined administrative or political boundaries may inform more effective policy.","PeriodicalId":21803,"journal":{"name":"Small Business Economics","volume":"26 1","pages":""},"PeriodicalIF":6.4,"publicationDate":"2025-03-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143666333","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0