Resource Orchestration in Hub-Based Entrepreneurial Ecosystems: A Case Study on the Seaweed Industry

Lu Baozhou () and Zhang Song ()
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Lu Baozhou: School of Business , Qingdao University, Qingdao, 266071, China
Zhang Song: College of Quality & Standardization, Qingdao University, 308 Ningxia Rd, Qingdao, 266071, China

Entrepreneurship Research Journal, 2024, vol. 14, issue 3, 1401-1459

Abstract: Hub-based entrepreneurial ecosystems (HEEs) have become an important venue for entrepreneurship. This study examines how ecosystem-specific resources and capabilities are orchestrated by ecosystem actors (i.e., hub firms and ecosystem entrepreneurs) to support the development of new ventures in the context of HEEs. Using an explorative single case study approach, we uncover nine distinctive resource orchestration subprocesses that are grouped into three aggregate processes that help sustain enduring entrepreneurship in the HEE context. Our findings extend and complement the literature on entrepreneurship and ecosystems by developing a new resource orchestration model and by illustrating how resource orchestration in an HEE facilitates the synergies across ecosystem ventures as well as the synergies between hub firms and ecosystem entrepreneurs in coexploring and coexploiting new opportunities.

Keywords: hub-based entrepreneurial ecosystem; resource orchestration; enduring entrepreneurship; hub firm; ecosystem entrepreneurs (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1515/erj-2022-0071

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