The distinctiveness and diversity of entrepreneurial ecosystems in China, Japan, and South Korea: an exploratory analysis
Adam R. Cross (),
Ying Cheng (),
Jae-Jin Kim (),
Masahiro Kotosaka (),
Franz Waldenberger () and
Leven J. Zheng ()
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Adam R. Cross: Xi’an Jiaotong-Liverpool University
Ying Cheng: Chongqing University
Jae-Jin Kim: Hoseo University
Franz Waldenberger: German Institute for Japanese Studies
Leven J. Zheng: Xi’an Jiaotong-Liverpool University
Asian Business & Management, 2019, vol. 18, issue 3, 211-247
Abstract Entrepreneurial ecosystems at the regional level have been intensively studied in Western countries, but much less so in East Asia. We study five major ecosystems located in Tokyo, Seoul, Beijing, Suzhou, and Chongqing, focusing on the business conditions for information technology (IT) start-ups. Our domain analysis reveals that these entrepreneurial ecosystems differ in various important aspects from leading Western counterparts such as Silicon Valley. Furthermore, we find differences in the growth and internationalization of firms across entrepreneurial ecosystems in China, Japan, and South Korea. Public policy should focus on supporting high-potential start-ups and strengthening the ecosystems’ global outreach.
Keywords: Entrepreneurial ecosystems; IT start-ups; Domain analysis; China; South Korea; Japan (search for similar items in EconPapers)
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