TY - JOUR
T1 - Is a balanced entrepreneurial ecosystem essential for success?
T2 - A configurational analysis of European regional entrepreneurial ecosystems
AU - Komlósi, Éva
AU - Dejardin, Marcus
AU - Szerb, László
AU - Páger, Balázs
N1 - Publisher Copyright:
© The Author(s) 2024.
PY - 2024/10/25
Y1 - 2024/10/25
N2 - This study challenges the assumption that well-balanced and bottleneck-free entrepreneurial ecosystems (EEs) are the sole drivers of high regional economic performance. Using a comprehensive dataset covering 125 regions across 24 European countries, we find that high regional economic performance does not universally necessitate the presence of every ecosystem component. Rather, contextual nuances across European macro-regions show that both balanced and unbalanced ecosystems can lead to significant economic success, emphasizing the importance of recognizing uniqueness. Our research contributes to the EE literature by integrating individual and institutional factors through the REDI conceptual model. The nuanced macro-regional analysis underscores the need for region-specific assessments. We conclude that policy efforts should focus on acknowledging and leveraging the uniqueness of regional ecosystems rather than striving for a one-size-fits-all approach to enhance economic performance.
AB - This study challenges the assumption that well-balanced and bottleneck-free entrepreneurial ecosystems (EEs) are the sole drivers of high regional economic performance. Using a comprehensive dataset covering 125 regions across 24 European countries, we find that high regional economic performance does not universally necessitate the presence of every ecosystem component. Rather, contextual nuances across European macro-regions show that both balanced and unbalanced ecosystems can lead to significant economic success, emphasizing the importance of recognizing uniqueness. Our research contributes to the EE literature by integrating individual and institutional factors through the REDI conceptual model. The nuanced macro-regional analysis underscores the need for region-specific assessments. We conclude that policy efforts should focus on acknowledging and leveraging the uniqueness of regional ecosystems rather than striving for a one-size-fits-all approach to enhance economic performance.
KW - Entrepreneurship
KW - Entrepreneurial ecosystem
KW - Fuzzy-set qualitative comparative analysis
KW - Regional economic performance
KW - Regional entrepreneurship and development index
KW - L26
KW - Regional entrepreneurship and development index (REDI)
KW - C43
KW - R11
KW - O38
KW - Fuzzy-set qualitative comparative analysis (fsQCA)
KW - Entrepreneurial ecosystem (EE)
UR - http://www.scopus.com/inward/record.url?scp=85207341558&partnerID=8YFLogxK
U2 - 10.1007/s10961-024-10149-8
DO - 10.1007/s10961-024-10149-8
M3 - Article
SN - 0892-9912
VL - -
SP - -
JO - Journal of Technology Transfer
JF - Journal of Technology Transfer
IS - -
M1 - -
ER -