Back from the brink: The revitalization of inactive entrepreneurial ecosystems

Philip Roundy

Journal of Business Venturing Insights, 2019, vol. 12, issue C

Abstract: Entrepreneurial ecosystems (EEs) are receiving intense attention. However, the revitalization of inactive EEs in unmunificent contexts is understudied. To investigate this phenomenon, an inductive study was conducted of a once-vibrant EE that became dormant because of an undiversified industrial base and a precipitous decline in its regional economy. The study revealed that the community members working to revitalize the city’s EE (“EE champions”) used a holistic collection of economic, socio-cultural, community, and discursive strategies. The findings have implications for scholars focused on entrepreneurship in extreme and atypical contexts, the micro-foundations of EEs, and EE leadership. The study also generates concrete insights for practitioners seeking to reinvigorate EEs.

Keywords: Entrepreneurial ecosystems; Startup communities; Regional entrepreneurship; New venture creation; Community development; Community entrepreneurship (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jobuve:v:12:y:2019:i:c:s2352673419300885

DOI: 10.1016/j.jbvi.2019.e00140

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