Creating entrepreneurial communities: building community capacity for ecosystem development

Deborah M. Markley, Thomas S. Lyons and Donald W. Macke

Community Development, 2015, vol. 46, issue 5, 580-598

Abstract: Research on the economic impact of entrepreneurship makes the case for entrepreneur-focused economic development. Community economic development practitioners and policy-makers face the challenge of identifying and implementing the most promising strategies. Some community development researchers have argued effectively for an entrepreneurial development system, or ecosystem, approach as a way to build and grow a pipeline of entrepreneurial talent. Others document the importance of building community capacity as a prerequisite for the establishment of an effective ecosystem. This paper draws on field-based learning, primarily in Kansas and Australia, to develop the conceptual underpinnings for an approach to creating entrepreneurial communities that builds: (1) the capacity of the community to host and support an entrepreneurial ecosystem and (2) the capacity of entrepreneurs to grow themselves and their businesses in support of community economic development.

Date: 2015
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Citations: View citations in EconPapers (11)

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Persistent link: https://EconPapers.repec.org/RePEc:taf:comdev:v:46:y:2015:i:5:p:580-598

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DOI: 10.1080/15575330.2015.1041539

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