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What is Entrepreneurial Ecosystem

Financial Management and Risk Analysis Strategies for Business Sustainability
A set of different elements, such as culture, policies, and networks, that affects the local or regional creation of new businesses.
Published in Chapter:
Breaking Barriers to Promote Sustainable Development in the Wine Industry: A Theoretical Study on the Role of the Entrepreneurial Ecosystem Approach
Eloi Jorge (Universidade de Vigo, Spain), Carlos Herves-Beloso (Universidade de Vigo, Spain), and Antonio Monteiro Oliveira (ISCAP, Polytechnic of Porto, Portugal)
DOI: 10.4018/978-1-7998-7634-2.ch007
The focus on sustainability is one of the different strategies adopted by companies looking for arguments for their differentiation from other competitors. Implementing this concept in the wine industry implies environmental soundness, social equity, and economic feasibility since when pursuing sustainable development, these companies are protecting the identity of their terroirs. Nevertheless, this is not an easy task because companies have to face several potential barriers to the adoption of sustainable practices. Thus, the objective of this chapter is to introduce the entrepreneurial ecosystem approach (EEA) as an instrument to help to understand and identify the mechanisms to remove the barriers to the adoption of sustainable practices in the wine industry, preparing the ground for a more detailed investigation to assess the effective implementation of the EEA.
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More Results
Engaging With Stakeholders for Developing an Effective Entrepreneurial Ecosystem in Universities Based in Rural Setup
The social and financial circumstance influencing nearby or territorial business enterprise. Organizations situated inside spots filling in as hatcheries for innovativeness, advancement, and business enterprise have a more prominent possibility of progress.
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National Culture, Societal Values, and Type of Economy: Are They Relevant to Explain Entrepreneurial Activity?
Is a community composed of various factors and interdependent actors, interacting within a geographical region, which evolve over time, in order to promote the creation of new businesses.
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Is There Entrepreneurship Within the Public Sector?: A Literature Review
Is a system composed of a range of stakeholders, public and private, individual and collective, as well as the full set of policy measures defined and adopted to enhance their action, articulation, and co-development, in order to promote entrepreneurship, value creation, and economic development. Approaches to define entrepreneurial ecosystems usually consider some key dimensions: high human capital qualification, open markets, favourable culture, consistent financial system, governance and policy measures, institutional and business support.
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Women Entrepreneurs: Unleashing the Power of Inclusivity and Diversity
The interconnected network of actors, institutions, resources, and policies that influence and support the creation, growth, and success of entrepreneurial ventures within a specific geographical area or industry. An entrepreneurial ecosystem refers to the complex and interrelated system of stakeholders, resources, and conditions that shape the entrepreneurial landscape and facilitate or impede the development of new ventures.
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The Influence of the Local Ecosystem on Entrepreneurial Intentions: A Study With Entrepreneurs and Potential Entrepreneurs of Beja (Portugal) and Huelva (Spain)
A territorial area/space including a variety of institutional and individual actors that foster and support the entrepreneurial spirit, innovation and entrepreneurship, in a coordinated way. This regional area includes a diversity of actors associated with three dimensions: government-university-business.
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Entrepreneurial Ecosystems: Lisbon as a Smart Start-Up City
A set of interconnected entrepreneurial actors (both potential and existing), organisations (e.g. firms, venture capitalists, business angels and banks), institutions (universities, public sector agencies and financial bodies), and processes (business birth rate, rate of HGFs, number of serial entrepreneurs and blockbuster entrepreneurs, and levels of entrepreneurial ambition and sell-out mentality in the society).
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Industrial Firm Performance, Entrepreneurial Age, and Managerial Practice
A system formed by the collaboration between the state, the company, and the university that aims to promote entrepreneurship.
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University-Based Entrepreneurial Ecosystems: Evidence From Technology Transfer Policies and Infrastructure
A number of entrepreneurial actors, organizations, and institutions following a process in order to connect, mediate, and govern the performance of the entrepreneurial environment.
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Entrepreneurial Universities and Regional Innovation: Matching Smart Specialisation Strategies to Regional Needs?
The socio-economic environment shaping and fostering local and regional entrepreneurship as an economic development strategy. Within this framework, actors orient their focus to regional development and value-creation. The entrepreneurial ecosystem encompasses key players that are adopting an entrepreneurial mindset (risk and discovery) and developing related activities. It is considered by Santos and Caseiro (2015) as a required element for the implementation of a collective strategy and learning approach based on innovative assets and opportunities, and the result of dynamics between entrepreneurial universities and smart specialisation strategies.
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An Overview and Synthesis of Entrepreneurial Theories for Start-Ups and MSMEs in the Era of Industry 5.0
An entrepreneurial ecosystem's essence is its people, as well as the culture of trust and collaboration that allows them to connect successfully. An ecosystem that allows for the rapid exchange of people, knowledge, and resources enables entrepreneurs to swiftly discover what they require at each stage of development.
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Leveraging Entrepreneurial Ambition Through Innovative Technologies and Knowledge Transfer Within a National Defense Technological and Industrial Base
The social and economic environment, including governmental and private institutional agents and stakeholders, supposedly working in an articulated manner as enablers/facilitators of entrepreneurial activity.
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Entrepreneurial Behavior in the Future With Special Emphasis on the United Arab Emirates
An entrepreneurial ecosystem refers to the interconnected network of organizations, institutions, resources, and individuals that support and foster entrepreneurship within a specific geographical region or industry. It encompasses the various elements and stakeholders that contribute to the growth, development, and sustainability of entrepreneurial activities.
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University-Industry Linkage Through Business Incubation: A Case Study of the IPN Incubator in Portugal
A set of entrepreneurial actors (both potential and existing) interacting in shared context, which formally and informally come together to connect, mediate and govern performance within the local entrepreneurial environment, namely, entrepreneurial organizations (e.g., firms, venture capitalists, business angels), institutions (universities, public sector agencies, R&D agencies), and entrepreneurial processes (e.g., the entrepreneurial activity rate, numbers of high growth firms).
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Entrepreneurship, Firm Internationalization and Regional Development
Refers to the environment that affects the local/regional entrepreneurship, such as culture, policies, cooperation, networks, and others.
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Social Entrepreneurship and Sustainable Development: New Challenges and Opportunities
is the set of different elements (regulatory, economic, cultural, etc.) that can form an optimal environment for innovative organizations if they are appropriately combined and supported.
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To Examine Women Social Entrepreneurial Ecosystems: Opportunities and Challenges
The social, economic, and other environment domains in which an entrepreneur operates, and can, directly and indirectly, affect the entrepreneurial success and impact.
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Strategies for Developing Entrepreneurial Start-Up Scalability and Sustainability
An entrepreneurial ecosystem refers to the interconnected network of various elements, including individuals, institutions, organizations, policies, and resources that collectively support and foster entrepreneurship in a specific geographical region. This ecosystem plays a critical role in enabling the creation and growth of startups and small businesses. It encompasses both the tangible and intangible elements that contribute to the entrepreneurial environment.
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Coworking Spaces and the Transcendence of Social Innovation Knowledge in the Smart Territory
A system of beliefs, values, ways of being, and doing that develops a particular social and economic environment with effects on local or regional entrepreneurship.
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