Too much support? Entrepreneurial ecosystems and firm growth

Qiantao Zhang (), Shiri M. Breznitz () and Steven Denney ()
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Qiantao Zhang: Xi’an Jiaotong-Liverpool University
Shiri M. Breznitz: University of Toronto
Steven Denney: University of Vienna

The Journal of Technology Transfer, 2024, vol. 49, issue 3, No 9, 996-1015

Abstract: Abstract Although the concept of an entrepreneurial ecosystem has become appealing to both academics and policy makers, few studies have measured the impact of entrepreneurial ecosystems on firm growth. Using quantitative data, this paper analyzes a local innovation ecosystem to identify the contribution of a regional ecosystem to firm growth. The results indicate that firms that intensively rely on ecosystem intermediary organizations tend to experience less growth. In other words, when it comes to supporting firm growth, ‘the more the merrier’ does not apply.

Keywords: Accelerators; Entrepreneurial ecosystems; Firm growth; Incubators; Policy (search for similar items in EconPapers)
JEL-codes: D22 L25 L26 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s10961-023-10013-1

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