Chapter 4. An ideal entrepreneurial ecosystem for tech start-ups: Characteristics, structure and role

2021 ◽  
Vol 59 (13) ◽  
pp. 115-135
Author(s):  
Gaël Gueguen ◽  
Servane Delanoë-Gueguen ◽  
Christian Lechner

PurposeEntrepreneurial ecosystems provide the context for start-ups to access resources. The authors investigate the reliance of start-ups on their entrepreneurial ecosystem and the driving factors behind the proportion of local actors (belonging to their entrepreneurial ecosystem) within their overall set of relationships (their business ecosystem). Recognizing the limited relational capacity of firms, the authors focus on three differentiating firm characteristics: size, age and innovation of firms.Design/methodology/approachThe authors developed a sample of 163 start-ups located in the entrepreneurial ecosystem of Toulouse, France. The authors investigated the characteristics of their relationship sets using regression analysis.FindingsThe results confirm that age is inversely related to the proportion of a start-up's relationships located in its entrepreneurial ecosystem. More surprisingly, for older start-ups, the authors also highlight the presence of a moderating effect of the start-up's size on the relationship between its degree of innovation and the proportion of its relationships in its entrepreneurial ecosystem: Larger and more innovative start-ups appear to rely more on their local entrepreneurial ecosystem.Originality/valueThis research increases the understanding of the characteristics driving the interactions of start-ups with their entrepreneurial ecosystems by adopting a relational capacity approach. The authors introduce digital methods as an innovative approach for uncovering firms' ecosystems. Finally, from a practical point of view, the research should provide public authorities seeking to promote the link between local resources and the development of innovative start-ups in their regions with interesting insights.


Author(s):  
Corina Georgiana Serban (Patrintas) ◽  
Cristian Negrutiu

The present paper attempts to deal with two classical themes in a new and fresh context. The amount of works on leadership and entrepreneurship is vast, but the authors identified a gap in the research of these concepts in relation with tech start-ups, a domain that developed significantly in the recent period. The authors performed a detailed literature review, followed by an interview with a selected panel of entrepreneurs in Romania. The results of the study highlights few important trends related to the leadership traits of Romanian entrepreneurs. The results also confirmed a positive mindset and attitude which triggers an optimistic outlook for the Romanian entrepreneurial ecosystem.


2019 ◽  
Vol 35 (1) ◽  
pp. 68-79
Author(s):  
Colin Mason ◽  
Marion Anderson ◽  
Tomáš Kessl ◽  
Michaela Hruskova

Universities now see the promotion of student and graduate start-ups as a key part of their role. This has two strands: (i) incorporating entrepreneurship education into the curriculum, and (ii) activities and infrastructure to support and accelerate the start-up process. There is now a substantial literature on the design, content, delivery and impact of entrepreneurship education. In contrast, little attention has been given to these issues in the context of student business start-up programmes. This paper describes and reflects on the outcomes of an ongoing small-scale start-up programme – the Santander Summer Company Programme at the University of Glasgow and offers a number of observations on the objectives, design and evaluation of such programmes. A key conclusion is that such programmes require to be part of a broader university entrepreneurial ecosystem and embedded within the wider local, regional and national entrepreneurial ecosystems.


2020 ◽  
Vol 27 (7) ◽  
pp. 1167-1185
Author(s):  
Bala Subrahmanya Mungila Hillemane

PurposeBangalore has gained international recognition as a technology start-up hub for its vibrant entrepreneurial ecosystem. Against this backdrop, this paper attempts to explore the structure and gap that exist with respect to the entrepreneurial ecosystem for tech start-ups in Bangalore.Design/methodology/approachA Delphi technique based four stage interaction with the experts/stakeholders belonging to different components of the entrepreneurial ecosystem (as identified from the literature) in the context of Bangalore is conducted, to gather primary data. This enabled us to define the structure of entrepreneurial ecosystem and analyse the gap that exists between an ideal ecosystem feasible in the Indian context and that one that prevailed in Bangalore.FindingsThe prevailing entrepreneurial ecosystem for tech start-ups in Bangalore is significantly different (lower) relative to an ideal ecosystem feasible in the Indian economic environment, as prescribed by the Delphi experts, both at the aggregate level and at an individual component level. The step-wise (backward) logistic regression analysis revealed that Bangalore ecosystem is primarily lacking in terms of one of the Triple Helices, namely, role of education and research institutions, and two of the five indispensable components, namely, market maturity and mentorship.Research limitations/implicationsIt is essential to strengthen and promote the Triple Helix base and the five indispensable components in an entrepreneurial ecosystem, to accelerate the emergence and growth of tech start-ups.Practical implicationsIt brings out the nature of entrepreneurial ecosystem structure and the gap between what can be considered an ideal ecosystem and what prevails in Bangalore currently.Originality/valueThis is a primary data based study, which has value for regional policy makers in strategizing to promote Bangalore ecosystem, and for researchers in undertaking “ecosystem gap analysis”.


2020 ◽  
Vol 11 (11) ◽  
pp. 1195-1205
Author(s):  
Teresa Dieguez ◽  

This paper aims to share best practices of the Porto University (U. Porto) entrepreneurial ecosystem. Co-creation demands great dynamics and universities are the favourite partners in new technological grounds where uncertainty is a characteristic and knowledge a differentiation. Entrepreneurial ecosystem refers to the environment that affects the local/regional entrepreneurship and U. Porto, in Portugal, offers an example of excellency in the catalysts for technological innovation and financial attraction resources. As an extensive set of internal and external components, the U. Porto has gathered the potential to function as a sustainable infrastructure to support the creation of competitive technologies and start-ups. The present study shares insights into the types of agents, institutions, cultures and resources that an entrepreneurial ecosystem contains. In addition, it highlights governance, openness and decentralization of activities that has played a role in supporting student’s founders and their high-growth endeavours.


Author(s):  
Hannes Velt ◽  
Lasse Torkkeli ◽  
Sami Saarenketo

Purpose The purpose of this study is to develop a framework of the elements of the entrepreneurial ecosystem in the context of born global start-ups. The study also applies this framework to uncover the ecosystem elements that impact start-ups during their initial phases of discovery and validation. Design/methodology/approach The authors used an online survey questionnaire sent out to several Estonian start-ups. Based on the responses, a dataset was developed and analysed using STATA and t-test methodology. Findings The analysis resulted in the identification of seven systemic ecosystem elements as the main factors impacting the launch and ten elements impacting the growth of born global start-ups. The systemic elements that comprise the ecosystem’s strengths and weaknesses were also identified. Research limitations/implications The cross-sectional nature of the survey method and the single-country context are noted as limitations of the study and offer future research potential for longitudinal settings, for mixed method studies and for comparative country data. Practical implications The study suggests that start-ups should function in a more collective manner to create platforms, promote one another’s products and services where possible and launch collective initiatives to enhance their visibility in the global context. Born globals should engage with their local entrepreneurial ecosystem, while remaining aware of its relative strengths and weaknesses for supporting internationalisation. Social implications Although the local ecosystem involves many stakeholders, this study helps identify key stakeholders that should be focused on by the government. Doing so will help create an increasingly comprehensive ecosystem at the national level – one that functions efficiently in supporting growth-seeking enterprises such as born globals. Originality/value This study combines the two research streams of the entrepreneurial ecosystem and born globals by directly connecting them with systemic elements. This study is, to our knowledge, the first to combine the two, thus making an added contribution by highlighting macro- and micro-viewpoints, with the former lacking in research on born globals and the latter in research on ecosystems. Thus, the present study helps in bringing venture creation and local ecosystem development research closer to each other.


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