Entrepreneurial Ecosystems and Start-Up Programmes
Innovation and entrepreneurship are clearly flourishing, but what exactly is an entrepreneurial ecosystem and how can entrepreneurs benefit from it?
Studies from around the globe consistently link entrepreneurship with rapid job creation, GDP growth, and long-term productivity increases. That's why the new holy grail for governments in both emerging and developed countries is to create an environment that nurtures and sustains entrepreneurship. Unfortunately, many governments take a misguided approach to building entrepreneurship ecosystems. They pursue some unattainable ideal and look to economies that are completely unlike theirs for best practices. However, today the most effective practices often come from remote corners of the earth, where resources-as well as legal frameworks, transparent governance, and democratic values may be scarce. Drawing from lessons learned in such countries as Rwanda, Chile, Iceland, Israel, and Colombia, this article defines nine principles for building a successful entrepreneurship ecosystem:
- Stop emulating Silicon Valley
- Shape the ecosystem around local conditions
- Engage the private sector early
- Favor the high potentials
- Get a big win on the board
- Tackle cultural change head-on
- Stress the roots
- Reform legal, regulatory, and bureaucratic frameworks.
Related Conference of Entrepreneurial Ecosystems and Start-Up Programmes
Entrepreneurial Ecosystems and Start-Up Programmes Conference Speakers
Recommended Sessions
- Academic Entrepreneurship
- Ageing and Entrepreneurship
- Brand Management
- Cultural and Creative Entrepreneurship
- Data Science and Entrepreneurship
- e-Entrepreneurship, Part-time Entrepreneurship, Home-based Entrepreneurship
- Emerging Trends in Business
- Entrepreneurial Ecosystems and Start-Up Programmes
- Entrepreneurship & Ethics
- Entrepreneurship & Management
- Entrepreneurship and Gender
- Entrepreneurship and Resilience
- Entrepreneurship, Societal Value Creation and Value Chains
- Family Firms
- Geography of Entrepreneurship and Entrepreneurial Ecosystems
- Innovation, Technology, & Entrepreneurship
- Open Innovation
- Purposeful Innovation and the Various Sources for Innovative Opportunity
- Role of Universities in Fostering Entrepreneurship
- Smart City Entrepreneurship
- Social, Sustainable and Strategic Entrepreneurship
- Start-ups and Real Global Entrepreneurship
- Women Entrepreneurship
Related Journals
Are you interested in
- Academic Entrepreneurship - Entrepreneurship Summit 2024 (UK)
- Accounting and Sustainability - Global Entrepreneurship Summit 2024 (Canada)
- Agile Business Management - Global Entrepreneurship Summit 2024 (Canada)
- Artificial intelligence and machine learning - Entrepreneurship Summit 2024 (UK)
- Artificial Intelligence in Business - Global Entrepreneurship Summit 2024 (Canada)
- Business Resilience Under Global Disruptions - Global Entrepreneurship Summit 2024 (Canada)
- Corporate and Strategic Entrepreneurship - Entrepreneurship Summit 2024 (UK)
- Crisis Management and Business Resilience - Global Entrepreneurship Summit 2024 (Canada)
- Emerging Markets - Global Entrepreneurship Summit 2024 (Canada)
- Entrepreneurial Behaviours - Entrepreneurship Summit 2024 (UK)
- Entrepreneurial finance and venture capital - Entrepreneurship Summit 2024 (UK)
- Entrepreneurial learning and communities of practice - Entrepreneurship Summit 2024 (UK)
- Entrepreneurship - Global Entrepreneurship Summit 2024 (Canada)
- Entrepreneurship and gender - Entrepreneurship Summit 2024 (UK)
- Entrepreneurship, Growth, and Competitiveness - Entrepreneurship Summit 2024 (UK)
- Female Entrepreneurship - Global Entrepreneurship Summit 2024 (Canada)
- Finance and Economy for Society - Global Entrepreneurship Summit 2024 (Canada)
- Finance, Accounting, And Corporate Governance - Global Entrepreneurship Summit 2024 (Canada)
- Global Leadership and Cross-Cultural Management - Global Entrepreneurship Summit 2024 (Canada)
- Global Strategy - Global Entrepreneurship Summit 2024 (Canada)
- Innovation and Disruption - Global Entrepreneurship Summit 2024 (Canada)
- Innovative Industries - Entrepreneurship Summit 2024 (UK)
- International Entrepreneurship - Global Entrepreneurship Summit 2024 (Canada)
- International Management - Global Entrepreneurship Summit 2024 (Canada)
- Knowledge, Innovation, And Technology - Global Entrepreneurship Summit 2024 (Canada)
- Marketing Strategy and Consumer Behavior - Global Entrepreneurship Summit 2024 (Canada)
- Philosophy for Business Ethics - Global Entrepreneurship Summit 2024 (Canada)
- Start-up Entrepreneurship - Entrepreneurship Summit 2024 (UK)
- Start-Up Entrepreneurship - Global Entrepreneurship Summit 2024 (Canada)
- Strategic Management - Global Entrepreneurship Summit 2024 (Canada)
- Studies of new businesses - Entrepreneurship Summit 2024 (UK)
- Sustainability in Business - Global Entrepreneurship Summit 2024 (Canada)
- Women Entrepreneurship - Entrepreneurship Summit 2024 (UK)