Abstract
Borrowing nomenclature and concepts from ecology and evolutionary biology, we apply descriptive exploratory methods to extend our understanding about the complex dynamics of an entrepreneurial ecosystem. We take a holistic approach to ecosystem analysis, and we analyze the evolution of multiple activities (i.e., entry, exit, growth, and survival) within an entrepreneurial ecosystem and the interactions of these activities with the ecosystem actors and resource providers. Applying our approach to nearly the entire population of academic spin-offs in Norway from 2000 to 2015, we generate a number of important findings. By characterizing the dynamics of an entrepreneurial ecosystem, we take a major step towards theorizing the ecosystem perspective. Our findings have important implications for public policies targeted to promote academic entrepreneurship.
Original language | English |
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Article number | 106143 |
Journal | Journal of Business Venturing |
Volume | 36 |
Issue number | 5 |
Early online date | 6 Aug 2021 |
DOIs | |
Publication status | Published - 30 Sept 2021 |
Funding
The authors sincerely thank (in alphabetical order by last name) Alejandro Amezcua, Brian Anderson, Maksim Belitski, James Bort, Alexander McKelvie, and two anonymous reviewers for their comments and insightful feedback. We also would like to thank Einar Rasmussen at the Nord University Business School for his generous support, feedback, and explanation of the FORNY data. Further, Alan R. Johnson acknowledges funding from the ‘ Research Council of Norway /RFF Nord’. The authors sincerely thank (in alphabetical order by last name) Alejandro Amezcua, Brian Anderson, Maksim Belitski, James Bort, Alexander McKelvie, and two anonymous reviewers for their comments and insightful feedback. We also would like to thank Einar Rasmussen at the Nord University Business School for his generous support, feedback, and explanation of the FORNY data. Further, Alan R. Johnson acknowledges funding from the ?Research Council of Norway/RFF Nord?.
Funders | Funder number |
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Alexander McKelvie | |
Research Council of Norway/RFF Nord? | |
Resources for the Future | |
Norges Forskningsråd | |
University of Bristol |
Keywords
- Academic spin-offs
- Ecosystem perspective
- Entrepreneurial ecosystems
- Exploratory research
- Government policy
ASJC Scopus subject areas
- Business and International Management
- Management of Technology and Innovation