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Book part
Publication date: 25 August 2020

Vanessa Ratten

Sport entrepreneurial ecosystems are part of the international business environment and help to determine the competitiveness of a place. While the origins of entrepreneurial…

Abstract

Sport entrepreneurial ecosystems are part of the international business environment and help to determine the competitiveness of a place. While the origins of entrepreneurial ecosystems derive from the economic geography field, increasingly international business theories are being used as a way to engage with the cultural and societal context. This means it is important for scholars to take an interdisciplinary perspective on how to define and conceptualize an ecosystem from an entrepreneurial point of view. This chapter reviews the current body of literature on sport entrepreneurial ecosystems and extends it to a more international business perspective by focusing on knowledge spillovers. This will enable sport managers and practitioners to utilize entrepreneurial ecosystems as a way to foster their internationalization efforts.

Book part
Publication date: 27 December 2018

Ben Spigel

Entrepreneurial ecosystems have quickly become one of the most popular topics in entrepreneurship research. Ecosystems are the characteristics and factors of a place that support…

Abstract

Entrepreneurial ecosystems have quickly become one of the most popular topics in entrepreneurship research. Ecosystems are the characteristics and factors of a place that support high-growth entrepreneurship. This provides the ability for the field to provide important policy insights about how to aid the development of high growth, innovative ventures, as well as generate new insights into the relationship between the entrepreneurship phenomenon and the contexts it takes place within. However, work in the field remains undertheorized, with a little understanding of how the entrepreneur benefits from being in a strong ecosystem. This chapter argues that it is helpful to return to Ed Malecki’s work in a previous volume of this series, which explored the importance of networks. His work has contributed to a very broad stream of work on entrepreneurial environment. Using this as a starting point, this chapter distinguishes between “top-down” approaches to study ecosystems, which focus on the actors and factors that make up an ecosystem, and a “bottom-up” approach, which instead examines the ways in which entrepreneurs use their ecosystem to get the resources, knowledge, and support they need. The chapter concludes by suggesting how a research agenda for a bottom-up study of ecosystems can be informed by Malecki’s work.

Details

Reflections and Extensions on Key Papers of the First Twenty-Five Years of Advances
Type: Book
ISBN: 978-1-78756-435-0

Keywords

Book part
Publication date: 23 May 2022

Vanessa Ratten

The time is right for a theory on strategic entrepreneurial ecosystems and business model innovation. Both topics have increased substantially during the past couple of years due…

Abstract

The time is right for a theory on strategic entrepreneurial ecosystems and business model innovation. Both topics have increased substantially during the past couple of years due to their strategic nature. This means they are uniquely placed to provide practical advice but also theoretical development. This chapter discusses the theory in terms of how it bridges strategic planning, innovation management, and entrepreneurship literature. Thereby propelling the field of entrepreneurial ecosystems further by suggesting it has both a strategic and business model perspective. This chapter argues the reasons for a new theory to be developed in order to maintain the relevance and practicality of the entrepreneurial ecosystem literature.

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Strategic Entrepreneurial Ecosystems and Business Model Innovation
Type: Book
ISBN: 978-1-80382-138-2

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Book part
Publication date: 14 November 2022

Wasiu O. Kehinde, Adekunle I. Ogunsade, Demola Obembe and Mafimisebi P. Oluwasoye

Entrepreneurial ecosystems have become policy strategies to stimulate entrepreneurial activities, yet the current understanding underlying value creation and the factors…

Abstract

Entrepreneurial ecosystems have become policy strategies to stimulate entrepreneurial activities, yet the current understanding underlying value creation and the factors influencing this value-capturing mechanism remains limited. In this chapter, we systematically review literature related to the entrepreneurial ecosystem, and we seek to provide a greater understanding of the value creation process within an ecosystem. The findings from our content analysis shed light on the multifaceted structures and drivers of the value creation process. The study contributes to studies and theory development in the field of entrepreneurial ecosystem literature and further advances potential future research.

Details

Exploring the Latest Trends in Management Literature
Type: Book
ISBN: 978-1-80262-357-4

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Book part
Publication date: 14 August 2020

Vanessa Ratten

In this chapter, the author explore the role of entrepreneurial ecosystems in terms of focusing on the importance of accelerators. Entrepreneurship is crucial for the ongoing…

Abstract

In this chapter, the author explore the role of entrepreneurial ecosystems in terms of focusing on the importance of accelerators. Entrepreneurship is crucial for the ongoing success of accelerators but seldom has research focused on the ecosystem perspective. Organizations habitually use their contacts and networks to facilitate business growth through being included in accelerator programs. This means that comprehending how different entities are embedded in an entrepreneurial ecosystem can provide learning benefits. In the ecosystem literature, the role of accelerators has mainly been studied from the individual and firm-level demonstrating the relationship between entrepreneurial behavior and firm performance but there is more need to emphasis the role accelerators play in the entrepreneurial ecosystem. Suggestions for managers involved in entrepreneurial ecosystems are suggested in this chapter as a way of encouraging more involvement in accelerator programs.

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Entrepreneurship as Empowerment: Knowledge Spillovers and Entrepreneurial Ecosystems
Type: Book
ISBN: 978-1-83982-551-4

Keywords

Book part
Publication date: 17 January 2022

Raushan Aman, Petri Ahokangas, Maria Elo and Xiaotian Zhang

Although entrepreneurial capacity building is a keenly debated topic in migration and diaspora research, the concept of female entrepreneurial capacity and the framing of highly…

Abstract

Although entrepreneurial capacity building is a keenly debated topic in migration and diaspora research, the concept of female entrepreneurial capacity and the framing of highly skilled migrant women has remained underexamined. This chapter, therefore, addresses knowledge gaps related to migrant women entrepreneurs (MWEs) by focusing on the entrepreneurial experiences of highly skilled female migrants from both developed and developing countries. Specifically, we turn the ‘disadvantage’ lens towards migrant women’s inherent entrepreneurial dimension, an issue that deserves greater research attention, linking migrant women and their entrepreneurship to the entrepreneurial host context and business environment. Building on rich qualitative data collected via six semi-structured interviews with MWEs based in Finland, we also make practical suggestions for how MWEs can best engage with their entrepreneurial ecosystem as well as suggestions to policy-makers regarding how to improve gender awareness and migrant inclusivity aspects of entrepreneurial ecosystems.

Details

Disadvantaged Entrepreneurship and the Entrepreneurial Ecosystem
Type: Book
ISBN: 978-1-80071-450-2

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Book part
Publication date: 21 July 2022

Sharon Zivkovic

This chapter addresses two identified weaknesses in entrepreneurial ecosystem studies: there is a lack of focus on the relationships between the components of entrepreneurial

Abstract

This chapter addresses two identified weaknesses in entrepreneurial ecosystem studies: there is a lack of focus on the relationships between the components of entrepreneurial ecosystems and little understanding of the underlying processes that determine how entrepreneurial ecosystems change over time. Both entrepreneurial ecosystems and solutions ecosystems from social entrepreneurship studies are place-based complex adaptive systems that are emergent in nature. While neither of these ecosystem types can be controlled, they can be influenced and guided to follow a direction by designing conditions for emergence and transitions. In this chapter, the proposition that an online tool, that is used to strengthen solution ecosystems and support their emergence and transition, could also be used to strengthen entrepreneurial ecosystems and guide their emergence and transition is examined. Two cases are used to investigate this proposition: a food security solution ecosystem case study that demonstrates how the online tool is used for solution ecosystems, and an impact economy entrepreneurial ecosystem case study that highlights how the online tool could be used for an entrepreneurial ecosystem. It is demonstrated in this chapter that the online tool can be used to address the current weaknesses of entrepreneurial ecosystem studies. In addition, it is suggested that by combining solution ecosystems with an impact economy entrepreneurial ecosystem, the online tool can be used to support the creation of conditions for social entrepreneurial places to emerge that are capable of addressing the most pressing problems that places face including the sustainable development goals.

Details

Entrepreneurial Place Leadership: Negotiating the Entrepreneurial Landscape
Type: Book
ISBN: 978-1-80071-029-0

Keywords

Book part
Publication date: 14 August 2020

Vanessa Ratten and Sumayya Rashid

Entrepreneurial ecosystems are fundamental to the functioning of an effective international business system that thrives on value creation. Despite the popularity of the term…

Abstract

Entrepreneurial ecosystems are fundamental to the functioning of an effective international business system that thrives on value creation. Despite the popularity of the term “entrepreneurial ecosystem,” its origins can be traced back to much of the research surrounding the effects of internationalization on the business environment. In the past 20 years, there has been many changes in the ability of businesses to market their services to consumers in other countries. This has largely been the result of technological innovation in the form of mobile commerce. At the same time, there has been a rise in the number of tourists traveling overseas. Both of these factors have led to the spread of ideas rapidly between countries thereby encouraging an entrepreneurial ecosystem to develop. Whilst much research has been conducted on the effects of internationalization on the economy, there is a shortage of research linking entrepreneurial ecosystems to internationalization effects. For this reason, this chapter is a timely one and an important milestone in the research on entrepreneurial ecosystems. This chapter will discuss the ways to create a conducive entrepreneurial ecosystem by taking into account culture and societal expectations, which leads to a discussion on managerial and policy implications together with future research suggestions.

Details

Entrepreneurship as Empowerment: Knowledge Spillovers and Entrepreneurial Ecosystems
Type: Book
ISBN: 978-1-83982-551-4

Keywords

Book part
Publication date: 25 August 2020

Vanessa Ratten and Marthin Nanere

Entrepreneurial ecosystems provide a comprehensive way to understand the complexity of sport entrepreneurship. Due to the competitiveness inherent in the sport system taking a…

Abstract

Entrepreneurial ecosystems provide a comprehensive way to understand the complexity of sport entrepreneurship. Due to the competitiveness inherent in the sport system taking a biological metaphor to understand the development of entrepreneurship is useful. This is helpful in understanding the way diverse entities in the sport industry interact in terms of pursuing entrepreneurial activity. As there are various entities in sport, it helps to take an ecosystem point of view in terms of how they interact. This chapter focuses on how an entrepreneurial ecosystem perspective of sport entrepreneurship is needed to understand the role of stakeholders in the sport industry. Thereby linking the literature on practice theory with entrepreneurship and more specifically entrepreneurial ecosystems.

Book part
Publication date: 30 October 2020

Vanessa Ratten

Entrepreneurial opportunities can be created through the process of coopetition in which entities in an ecosystem collaborate and compete. Increasingly more emphasis is being…

Abstract

Entrepreneurial opportunities can be created through the process of coopetition in which entities in an ecosystem collaborate and compete. Increasingly more emphasis is being placed on how to capitalize on the role sport plays in society through an entrepreneurial ecosystem perspective. This chapter focuses on how entrepreneurship in society has developed and the role sport plays based on complex adaptive systems. An explanation of the ecosystems metaphor emphasizes how the sport industry is similar to a biological system in which planned and unplanned occurrences contribute to entrepreneurship. This enables a theoretical and practical underpinning of sport startups to emerge.

Details

Sport Startups: New Advances in Entrepreneurship
Type: Book
ISBN: 978-1-78973-082-1

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