Entrepreneurial ecosystems and economic resilience at local level

Donato Iacobucci and Francesco Perugini

Entrepreneurship & Regional Development, 2021, vol. 33, issue 9-10, 689-716

Abstract: The main aim of this paper is to investigate if and to what extent entrepreneurial ecosystems (EE) have an impact on economic resilience at local level. The paper is based on a quantitative analysis for the Italian provinces (NUT-3 level) and presents two novelties: first, it provides a composite index of EE at local level by capturing the different aspects encompassing political, social, cultural and economic dimensions of an EE; second, it analyzes the role of EE in terms of resistance to and recovery from external shocks. The empirical results show that EE has a relevant role in explaining the resilience of local systems to economic shocks. The positive effect also remains when controlling for the direct impact of new firm formation, thus highlighting that the EE concept has a greater significance for characterizing resilience and entrepreneurial activity at local level than entrepreneurial rates.

Date: 2021
References: Add references at CitEc
Citations: View citations in EconPapers (19)

Downloads: (external link)
http://hdl.handle.net/10.1080/08985626.2021.1888318 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:entreg:v:33:y:2021:i:9-10:p:689-716

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/TEPN20

DOI: 10.1080/08985626.2021.1888318

Access Statistics for this article

Entrepreneurship & Regional Development is currently edited by Professor Alistair Anderson

More articles in Entrepreneurship & Regional Development from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().