Towards a network-based view of effective entrepreneurial ecosystems

Stephanie Scott (), Mathew Hughes () and Domingo Ribeiro-Soriano ()
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Stephanie Scott: University of Durham
Mathew Hughes: Loughborough University
Domingo Ribeiro-Soriano: Universitat de Valencia

Review of Managerial Science, 2022, vol. 16, issue 1, No 8, 157-187

Abstract: Abstract We conceptualize entrepreneurial ecosystems as fundamentally reliant on networks and explore how and under what conditions inter-organizational networks lead an entrepreneurial ecosystem to form and evolve. It is widely accepted that entrepreneurial ecosystems possess a variety of symbiotic relationships. Research has focused considerable efforts in refining the structure and content of resources found within these networked relationships. However, merely focusing on actor-level characterizations dilutes the notion that social relationships change and are complex. There has been little conceptual treatment of the behavioral and governance factors that underpin how quality interactions composing an entrepreneurial ecosystem develop and change over time. In response, we provide a longitudinal ethnographic study examining how ecosystems are managed and evolve in their relational configurations and governance at critical junctures. Using mixed methods and data collected over 3 years, we reveal a cyclical process of relational development central to the initiation, development, and maintenance phases of a valuable entrepreneurial ecosystem. We contribute to a conceptualization of effective ecosystems as reliant on networks, we reveal the behavior and governance characteristics at play in the entrepreneurial ecosystem during each phase of its evolution.

Keywords: Entrepreneurial ecosystems; Relational governance; Longitudinal; Network theory; Networks; Effective ecosystems; Ecosystem evolution; 90B5; 915BB; 90B90 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (1)

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DOI: 10.1007/s11846-021-00440-5

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