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Understanding Entrepreneurial Ecosystem

Sachin A. Meshram and A. M. Rawani
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Sachin A. Meshram: Mechanical Engineering Department, National Institute of Technology, Raipur, India
A. M. Rawani: National Institute of Technology, Raipur, India

International Journal of Social Ecology and Sustainable Development (IJSESD), 2019, vol. 10, issue 3, 103-115

Abstract: Entrepreneurial ecosystems are a strategy that is designed to nurture economic development by promoting entrepreneurship, small business growth, and innovation. Ecosystems represent a new direction for entrepreneurship research that simultaneously increases knowledge of the complex contextual environments surrounding the entrepreneurship process, while at the same time providing useful contributions to policy debates around the role of high-growth entrepreneurship as a driver of regional economic development. This article reviews the concept evolution; different definitions and factors of entrepreneurial ecosystems. Additionally, it provides approaches of past contributions about entrepreneurial ecosystem. This article contributes to knowledge generation and provides further research directions. This study is an attempt to cover the different articles that exist on the entrepreneurial ecosystems.

Date: 2019
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