Roelofs, Iris J.T. (2023) The Entrepreneurial Ecosystem: Measuring the effect of its components on productive entrepreneurship at the regional level. Bachelor thesis, Global Responsibility & Leadership (GRL).
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Abstract
In the policy debate on regions' economic and social development, entrepreneurial activity is widely acknowledged as a key driver of economic progress. In light of this, a new framework has been developed - known as the Entrepreneurial Ecosystem - to provide a systematic picture of entrepreneurial activity and its determinants. The Entrepreneurial Ecosystem suggests that entrepreneurship occurs at the regional level and that there is a set of interconnected components coordinated to enable productive entrepreneurship. Productive entrepreneurship refers to any entrepreneurial activity that contributes directly or indirectly to the net output of the economy. The literature offers a list of factors positively influencing entrepreneurial activity. Yet, the effect of the individual components on the system's outcome, defined as productive entrepreneurship, remains inadequately studied. Thus, this research examined how and to what extent the different components of the Entrepreneurial Ecosystem statistically account for variations in productive entrepreneurship, measured as the prevalence of high-growth enterprises, at the regional level. A multiple regression analysis was conducted, sampling different regions throughout the EU (NUTS2) between the years 2016 and 2019. The results showed that despite the rich literature providing theoretical evidence on the positive effects of all components on productive entrepreneurship, only a small number of indicators were found to influence the outcome variable on a statistically significant level. The components of regional culture, worker talent and universities are considered of great importance for explaining variance in productive entrepreneurship between regions.
| Item Type: | Thesis (Bachelor) |
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| Name supervisor: | Papakonstantinou, M.A. |
| Date Deposited: | 12 Sep 2023 09:52 |
| Last Modified: | 12 Sep 2023 09:52 |
| URI: | https://campus-fryslan.studenttheses.ub.rug.nl/id/eprint/274 |
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