Applying the entrepreneurial ecosystem concept to regional entrepreneurship policy analysis – a critique

Potter, J. and Lawton Smith, Helen (2022) Applying the entrepreneurial ecosystem concept to regional entrepreneurship policy analysis – a critique. Working Paper. CIMR, Birkbeck, University of London, London, UK.

Abstract

This chapter applies the Stam (2015) entrepreneurial ecosystems concept to analysing policy levers for improving regional economic and innovation performance in five case regions, three in Poland and two in the UK. It uses primary and secondary data from the two countries to identify barriers and enablers for entrepreneurship and how these vary between regions. It also considers what methods can provide information on ecosystem quality and the strengths and weaknesses of the qualitative and quantitative approaches adopted. It finds that the entrepreneurial ecosystems concept is a useful empirically- and theoretically-informed framework to assess the influences on entrepreneurship at regional level. However, it highlights four issues that have not been well addressed by the framework. These are the role of anchor organisations; sector variations in ecosystem conditions; a lack of attention to equality, diversity and inclusion, and possible difficulties in disentangling which elements of the ecosystem drive system performance, hence it may be hard to identify and test a key policy lever.

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