Measuring Entrepreneurial Ecosystems

Research output: Working paperAcademic

Abstract

How can entrepreneurial ecosystems and productive entrepreneurship can be traced empirically and how is entrepreneurship related to entrepreneurial ecosystems. The analyses in this chapter show the value of taking a systems view on the context of entrepreneurship. We measure entrepreneurial ecosystem elements and use these to compose an entrepreneurial ecosystem index. Next, we measure the output of entrepreneurial ecosystems with different indicators of high-growth firms. We use the 12 provinces of the Netherlands as a test case for measuring the entrepreneurial ecosystem elements, composing an entrepreneurial ecosystem index and relate this to entrepreneurial outputs. The prevalence of high-growth firms relates to the overall value of the entrepreneurial ecosystem index, but not to individual elements of the entrepreneurial ecosystem. The model fit increases once we introduce a multiplicative index and a non-linear model. By measuring entrepreneurial ecosystems and their outputs in this way we move from the ecosystem metaphor to a complex system model of the entrepreneurial economy.
Original languageEnglish
PublisherUU USE Tjalling C. Koopmans Research Institute
Number of pages23
Volume17-11
Publication statusPublished - Aug 2017

Publication series

NameU.S.E. Discussion paper series
No.11
Volume17
ISSN (Electronic)2666-8238

Keywords

  • Entrepreneurial ecosystem
  • complex systems
  • entrepreneurial ecosystem index
  • entrepreneurship
  • regional development

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