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Back from the brink: The revitalization of inactive entrepreneurial ecosystems

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  • Roundy, Philip T.

Abstract

Entrepreneurial ecosystems (EEs) are receiving intense attention. However, the revitalization of inactive EEs in unmunificent contexts is understudied. To investigate this phenomenon, an inductive study was conducted of a once-vibrant EE that became dormant because of an undiversified industrial base and a precipitous decline in its regional economy. The study revealed that the community members working to revitalize the city’s EE (“EE champions”) used a holistic collection of economic, socio-cultural, community, and discursive strategies. The findings have implications for scholars focused on entrepreneurship in extreme and atypical contexts, the micro-foundations of EEs, and EE leadership. The study also generates concrete insights for practitioners seeking to reinvigorate EEs.

Suggested Citation

  • Roundy, Philip T., 2019. "Back from the brink: The revitalization of inactive entrepreneurial ecosystems," Journal of Business Venturing Insights, Elsevier, vol. 12(C).
  • Handle: RePEc:eee:jobuve:v:12:y:2019:i:c:s2352673419300885
    DOI: 10.1016/j.jbvi.2019.e00140
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    References listed on IDEAS

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    Cited by:

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    5. Agnieszka Jaszczak & Katarina Kristianova & Ewelina Pochodyła & Jan K. Kazak & Krzysztof Młynarczyk, 2021. "Revitalization of Public Spaces in Cittaslow Towns: Recent Urban Redevelopment in Central Europe," Sustainability, MDPI, vol. 13(5), pages 1-24, February.
    6. Alvedalen, Janna & Carlsson, Bo, 2021. "Comparative Analysis of Five Entrepreneurial Ecosystems in Life Sciences," Papers in Innovation Studies 2021/10, Lund University, CIRCLE - Centre for Innovation Research.

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