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Whirlwind model of entrepreneurial ecosystem path dependence


ABSTRACT: The body of literature on entrepreneurial ecosystems (EEs) is rapidly expanding, but few studies have simultaneously examined their complexity, dynamics, and context. To better understand how they evolve, we introduce the notion of EE path dependence based on an original combination of an evolutionary approach and complex adaptive system theory. We thus present a whirlwind model that takes the form of subecosystems and that integrates a structural approach with attributes and a dynamic approach with sequences. Context is addressed through narratives and entrepreneurial stories. We conducted a case study on the EE of Montpellier, France. To characterize the subecosystems, we quantified the attributes using NVivo software, showing their links and evolution over time. The results shed light on the subecosystems that contributed the most to the entrepreneurial dynamics. This study contributes to extending path dependence theory to EEs. The results may help policymakers rethink their development strategies by setting priorities in accordance with the drivers of their EEs.

Supplementary Information

The online version contains supplementary material available at 10.1007/s11187-021-00553-x. Plain English Summary We propose a whirlwind model of entrepreneurial ecosystem (EE) path dependence to comprehensively explore the complex, dynamic and contextual nature of an EE. Based on the narratives of EE actors and entrepreneurial stories from a specific region, we identify significant attributes and decompose the ecosystem into subecosystems. The dynamics are understood through the links between the attributes and their evolution over time. This work allows us to characterize the specific aspects of the EE and to identify the drivers of this evolution. The subecosystems operate like EE markers according to a logic of coevolution. This detailed understanding of the trajectory constitutes a strategic asset for projecting into the future with the ability to identify development priorities for EE stakeholders.

Supplementary Information

The online version contains supplementary material available at 10.1007/s11187-021-00553-x.

SUBMITTER: Cloutier L 

PROVIDER: S-EPMC8445018 | biostudies-literature |

REPOSITORIES: biostudies-literature

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