We are in this together: leading resource exchange between entrepreneurial ecosystems to strategically steer their development.
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| Authors: | Fink, Matthias1,2 (AUTHOR) matthias.fink@grenoble-em.com, Maresch, Daniela2 (AUTHOR) daniela.maresch@grenoble-em.com, Garzik, Ludovit3 (AUTHOR) ludovit.garzik@innovationorbit.com, Harms, Rainer4 (AUTHOR) r.harms@utwente.nl |
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| Source: | Small Business Economics. Oct2025, Vol. 65 Issue 3, p1447-1464. 18p. |
| Subject Terms: | *Entrepreneurship, *Resource management, *Business ecosystems, *Mathematical optimization, *Social innovation, Ecosystem dynamics, Social capital, Collective action |
| Abstract: | Entrepreneurial Ecosystems (EEs) are embedded in a global network of resource exchange relationships. To explain how EEs develop, one must consider the dynamics of resource exchanges. To do this, we combine a social capital perspective with the concept of strategic action fields in an abductive study of six cases of EEs. We find three dynamics of resource exchange, each drawing on a specific type of social capital and fostering either optimization or innovation of EEs' offer to entrepreneurs. These findings contribute to the EE field by highlighting the relevance of inter-EE resource exchanges for developing competitive EEs. EE practitioners find that strategically managing the exchange of resources across the boundaries of their ecosystem is vital to balancing optimization of the established offer and innovating for enriched offers to entrepreneurs in their location. Plain English Summary: Strategic resource exchange between entrepreneurial ecosystems enables leaders to balance optimization and innovation of their offer to entrepreneurs (#Entrepreneurship #Innovation #Ecosystem). This study looks at how communities that focus on new business creation, called entrepreneurial ecosystems (EEs), grow and improve by sharing resources such as talent, ideas, and tools. Surprisingly, it depends on how different the sharing partners are whether the exchange helps these communities get better at what they already offer or come up with new ways to support entrepreneurs. Generally, sharing resources helps them improve existing support and create new opportunities for entrepreneurs. We inform EE leaders how they can strategically steer the resource exchange to balance optimization and innovation of their offer to entrepreneurs. Our results help entrepreneurs choose their start-up location more consciously and policy makers design more targeted initiatives. [ABSTRACT FROM AUTHOR] |
| Database: | Entrepreneurial Studies Source |
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