Whirlwind model of entrepreneurial ecosystem path dependence
Laurence Cloutier1, Karim Messeghem1
1MRM, Labex Entreprendre, Espace Richter - Bât D, Université de Montpellier, Rue Vendémiaire, 34 960 Montpellier Cedex 2, France.
Small Business Economics
|April 16, 2024
Summary
This study introduces entrepreneurial ecosystem (EE) path dependence, using a whirlwind model to analyze subecosystems and their evolution. Findings reveal key subecosystems driving entrepreneurial dynamics, aiding policy development.
Area of Science:
- Entrepreneurship
- Economic Geography
- Innovation Studies
Background:
- Entrepreneurial ecosystems (EEs) literature is growing, yet lacks integrated analysis of complexity, dynamics, and context.
- Understanding EE evolution requires novel theoretical frameworks combining evolutionary and complex adaptive systems approaches.
Purpose of the Study:
- Introduce the concept of EE path dependence to explain ecosystem evolution.
- Develop and apply a whirlwind model integrating structural attributes and dynamic sequences within subecosystems.
- Incorporate context through narratives and entrepreneurial stories.
Main Methods:
- Utilized a combination of evolutionary approach and complex adaptive system theory.
- Developed a whirlwind model comprising subecosystems with attributes and sequences.
- Conducted a case study of the Montpellier, France EE, quantifying attributes with NVivo software.
Main Results:
- Identified and characterized subecosystems within the Montpellier EE.
- Quantified attribute evolution and interlinkages over time.
- Highlighted specific subecosystems significantly contributing to entrepreneurial dynamics.
Conclusions:
- Extends path dependence theory to the context of entrepreneurial ecosystems.
- Provides insights into EE evolution and the role of path dependence.
- Offers guidance for policymakers to refine EE development strategies based on identified drivers.
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