IDEAS home Printed from https://ideas.repec.org/p/pec/wpaper/2019_1.html
   My bibliography  Save this paper

University-Centered Entrepreneurial Ecosystems: A Conceptual Framework

Author

Listed:
  • Zsolt BedÅ‘

    (UNIVERSITY OF PÉCS-FACULTY OF BUSINESS AND ECONOMICS)

  • Katalin ErdÅ‘s

    (UNIVERSITY OF PÉCS-FACULTY OF BUSINESS AND ECONOMICS)

  • Luke Pittaway

    (College of Business, OHIO UNIVERSITY)

Abstract

Research on entrepreneurial ecosystems has advanced considerably over recent years and has become a popular topic among policy makers. Despite the interest, research on the topic has focused overly on entrepreneurial ecosystems in large cities in the United States (US). Ecosystems in other contexts, such as, small cities, underpopulated rural areas and university towns have not been considered in much depth, nor has there been much focus on regional contexts outside of the US. This paper begins to address this deficit by reviewing three groups of literature. From the review conducted the paper builds a conceptual framework to consider entrepreneurial ecosystems led by universities. First, the paper considers the literature on entrepreneurial ecosystems and it explores its implications for understanding the concept in small towns. Next, the paper considers the literature on entrepreneurial universities and explores how it informs our understanding of the role of universities in regional innovation. Then the paper incorporates current thinking on entrepreneurship education to consider how education and learning practices help build and grow such ecosystems. The paper concludes by drawing together these literatures into a conceptual framework outlying the structure, components and mechanisms that enable universities to operate as catalysts in the creation of entrepreneurial ecosystems in smaller cities. The paper makes a contribution by drawing disparate ideas across several domains together into a set of concepts that can be tested empirically and can be used practically to guide efforts to enhance regional entrepreneurship and innovation.

Suggested Citation

  • Zsolt BedÅ‘ & Katalin ErdÅ‘s & Luke Pittaway, 2019. "University-Centered Entrepreneurial Ecosystems: A Conceptual Framework," UPFBE Working Paper Series 2019_1, Faculty of Business and Economics, University Pécs.
  • Handle: RePEc:pec:wpaper:2019_1
    as

    Download full text from publisher

    File URL: https://journals.lib.pte.hu/index.php/workingpapers/article/download/5607/5471/9746.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Maryann Feldman & Ted D. Zoller, 2012. "Dealmakers in Place: Social Capital Connections in Regional Entrepreneurial Economies," Regional Studies, Taylor & Francis Journals, vol. 46(1), pages 23-37, June.
    2. Florida, Richard L. & Kenney, Martin, 1988. "Venture capital-financed innovation and technological change in the USA," Research Policy, Elsevier, vol. 17(3), pages 119-137, June.
    3. Francesco Lissoni & Patrick Llerena & Maureen McKelvey & Bulat Sanditov, 2008. "Academic patenting in Europe: new evidence from the KEINS database," Research Evaluation, Oxford University Press, vol. 17(2), pages 87-102, June.
    4. Baumol, William J, 1982. "Contestable Markets: An Uprising in the Theory of Industry Structure," American Economic Review, American Economic Association, vol. 72(1), pages 1-15, March.
    5. Clarysse, Bart & Wright, Mike & Bruneel, Johan & Mahajan, Aarti, 2014. "Creating value in ecosystems: Crossing the chasm between knowledge and business ecosystems," Research Policy, Elsevier, vol. 43(7), pages 1164-1176.
    6. Spilling, Olav R., 1996. "The entrepreneurial system: On entrepreneurship in the context of a mega-event," Journal of Business Research, Elsevier, vol. 36(1), pages 91-103, May.
    7. Erik Stam, 2015. "Entrepreneurial Ecosystems and Regional Policy: A Sympathetic Critique," European Planning Studies, Taylor & Francis Journals, vol. 23(9), pages 1759-1769, September.
    8. David J. Miller & Zoltan J. Acs, 2017. "The campus as entrepreneurial ecosystem: the University of Chicago," Small Business Economics, Springer, vol. 49(1), pages 75-95, June.
    9. Geuna, Aldo & Rossi, Federica, 2011. "Changes to university IPR regulations in Europe and the impact on academic patenting," Research Policy, Elsevier, vol. 40(8), pages 1068-1076, October.
    10. Frank T. Rothaermel & Shanti D. Agung & Lin Jiang, 2007. "University entrepreneurship: a taxonomy of the literature," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 16(4), pages 691-791, August.
    11. Christos Pitelis, 2012. "Clusters, entrepreneurial ecosystem co-creation, and appropriability: a conceptual framework," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 21(6), pages 1359-1388, December.
    12. Wagner, Alfred, 1891. "Marshall's Principles of Economics," History of Economic Thought Articles, McMaster University Archive for the History of Economic Thought, vol. 5, pages 319-338.
    13. Zahra, Shaker A. & Nambisan, Satish, 2012. "Entrepreneurship and strategic thinking in business ecosystems," Business Horizons, Elsevier, vol. 55(3), pages 219-229.
    14. Janet Bercovitz & Maryann Feldman, 2008. "Academic Entrepreneurs: Organizational Change at the Individual Level," Organization Science, INFORMS, vol. 19(1), pages 69-89, February.
    15. Shane, Scott, 2004. "Encouraging university entrepreneurship? The effect of the Bayh-Dole Act on university patenting in the United States," Journal of Business Venturing, Elsevier, vol. 19(1), pages 127-151, January.
    16. David C. Mowery & Bhaven N. Sampat, 2005. "The Bayh-Dole Act of 1980 and University--Industry Technology Transfer: A Model for Other OECD Governments?," The Journal of Technology Transfer, Springer, vol. 30(2_2), pages 115-127, January.
    17. Grimaldi, Rosa & Kenney, Martin & Siegel, Donald S. & Wright, Mike, 2011. "30 years after Bayh-Dole: Reassessing academic entrepreneurship," Research Policy, Elsevier, vol. 40(8), pages 1045-1057, October.
    18. Lockett, Andy & Wright, Mike, 2005. "Resources, capabilities, risk capital and the creation of university spin-out companies," Research Policy, Elsevier, vol. 34(7), pages 1043-1057, September.
    19. Martin Kenney & Donald Patton, 2005. "Entrepreneurial Geographies: Support Networks in Three High-Technology Industries," Economic Geography, Taylor & Francis Journals, vol. 81(2), pages 201-228, April.
    20. Vohora, Ajay & Wright, Mike & Lockett, Andy, 2004. "Critical junctures in the development of university high-tech spinout companies," Research Policy, Elsevier, vol. 33(1), pages 147-175, January.
    21. Etzkowitz, Henry & Leydesdorff, Loet, 2000. "The dynamics of innovation: from National Systems and "Mode 2" to a Triple Helix of university-industry-government relations," Research Policy, Elsevier, vol. 29(2), pages 109-123, February.
    22. Etzkowitz, Henry & Webster, Andrew & Gebhardt, Christiane & Terra, Branca Regina Cantisano, 2000. "The future of the university and the university of the future: evolution of ivory tower to entrepreneurial paradigm," Research Policy, Elsevier, vol. 29(2), pages 313-330, February.
    23. Van De Ven, H., 1993. "The development of an infrastructure for entrepreneurship," Journal of Business Venturing, Elsevier, vol. 8(3), pages 211-230, May.
    24. Mustar, Philippe & Renault, Marie & Colombo, Massimo G. & Piva, Evila & Fontes, Margarida & Lockett, Andy & Wright, Mike & Clarysse, Bart & Moray, Nathalie, 2006. "Conceptualising the heterogeneity of research-based spin-offs: A multi-dimensional taxonomy," Research Policy, Elsevier, vol. 35(2), pages 289-308, March.
    25. Etzkowitz, Henry, 1998. "The norms of entrepreneurial science: cognitive effects of the new university-industry linkages," Research Policy, Elsevier, vol. 27(8), pages 823-833, December.
    26. North, Douglass C, 1994. "Economic Performance through Time," American Economic Review, American Economic Association, vol. 84(3), pages 359-368, June.
    27. Wennberg, Karl & Wiklund, Johan & Wright, Mike, 2011. "The effectiveness of university knowledge spillovers: Performance differences between university spinoffs and corporate spinoffs," Research Policy, Elsevier, vol. 40(8), pages 1128-1143, October.
    28. Brusco, Sebastiano, 1982. "The Emilian Model: Productive Decentralisation and Social Integration," Cambridge Journal of Economics, Oxford University Press, vol. 6(2), pages 167-184, June.
    29. Janna Alvedalen & Ron Boschma, 2017. "A critical review of entrepreneurial ecosystems research: towards a future research agenda," European Planning Studies, Taylor & Francis Journals, vol. 25(6), pages 887-903, June.
    30. Feldman, Maryann P, 2001. "The Entrepreneurial Event Revisited: Firm Formation in a Regional Context," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 10(4), pages 861-891, December.
    31. Magnus Gulbrandsen & Stig Slipersæter, 2007. "The Third Mission and the Entrepreneurial University Model," Chapters, in: Andrea Bonaccorsi & Cinzia Daraio (ed.), Universities and Strategic Knowledge Creation, chapter 4, Edward Elgar Publishing.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Angelo Cavallo & Antonio Ghezzi & Raffaello Balocco, 2019. "Entrepreneurial ecosystem research: present debates and future directions," International Entrepreneurship and Management Journal, Springer, vol. 15(4), pages 1291-1321, December.
    2. Christian Sandström & Karl Wennberg & Martin W. Wallin & Yulia Zherlygina, 2018. "Public policy for academic entrepreneurship initiatives: a review and critical discussion," The Journal of Technology Transfer, Springer, vol. 43(5), pages 1232-1256, October.
    3. Perkmann, Markus & Tartari, Valentina & McKelvey, Maureen & Autio, Erkko & Broström, Anders & D’Este, Pablo & Fini, Riccardo & Geuna, Aldo & Grimaldi, Rosa & Hughes, Alan & Krabel, Stefan & Kitson, Mi, 2013. "Academic engagement and commercialisation: A review of the literature on university–industry relations," Research Policy, Elsevier, vol. 42(2), pages 423-442.
    4. Shi, Xianwei & Liang, Xingkun & Luo, Yining, 2023. "Unpacking the intellectual structure of ecosystem research in innovation studies," Research Policy, Elsevier, vol. 52(6).
    5. Alessandra Colombelli & Emilio Paolucci & Elisa Ughetto, 2019. "Hierarchical and relational governance and the life cycle of entrepreneurial ecosystems," Small Business Economics, Springer, vol. 52(2), pages 505-521, February.
    6. Cáceres Carrasco, F. Rafael & Aceytuno, María Teresa, 2015. "Academic spin-offs incubation strategies: the case of the Andalusian region," Cuadernos de Gestión, Universidad del País Vasco - Instituto de Economía Aplicada a la Empresa (IEAE).
    7. Alejandro Bengoa & Amaia Maseda & Txomin Iturralde & Gloria Aparicio, 2021. "A bibliometric review of the technology transfer literature," The Journal of Technology Transfer, Springer, vol. 46(5), pages 1514-1550, October.
    8. Marco Ferretti & Salvatore Ferri & Raffaele Fiorentino & Adele Parmentola & Alessandro Sapio, 2020. "What drives the growth of academic spin-offs? Matching academics, universities, and non-research organizations," International Entrepreneurship and Management Journal, Springer, vol. 16(1), pages 137-163, March.
    9. Christopher S. Hayter & Andrew J. Nelson & Stephanie Zayed & Alan C. O’Connor, 2018. "Conceptualizing academic entrepreneurship ecosystems: a review, analysis and extension of the literature," The Journal of Technology Transfer, Springer, vol. 43(4), pages 1039-1082, August.
    10. Noelia Franco-Leal & Carmen Camelo-Ordaz & Juan Pablo Dianez-Gonzalez & Elena Sousa-Ginel, 2020. "The Role of Social and Institutional Contexts in Social Innovations of Spanish Academic Spinoffs," Sustainability, MDPI, vol. 12(3), pages 1-24, January.
    11. Sabrina Backs & Markus Günther & Christian Stummer, 2019. "Stimulating academic patenting in a university ecosystem: an agent-based simulation approach," The Journal of Technology Transfer, Springer, vol. 44(2), pages 434-461, April.
    12. Daniel Prokop & Piers Thompson, 2023. "Defining networks in entrepreneurial ecosystems: the openness of ecosystems," Small Business Economics, Springer, vol. 61(2), pages 517-538, August.
    13. Mario BENASSI & Matteo LANDONI & Francesco RENTOCCHINI, 2017. "University Management Practices and Academic Spin-offs," Departmental Working Papers 2017-11, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    14. Yating Li & Martin Kenney & Donald Patton & Abraham Song, 2023. "Entrepreneurial ecosystems and industry knowledge: does the winning region take all?," Small Business Economics, Springer, vol. 61(1), pages 153-172, June.
    15. Rippa, Pierluigi & Secundo, Giustina, 2019. "Digital academic entrepreneurship: The potential of digital technologies on academic entrepreneurship," Technological Forecasting and Social Change, Elsevier, vol. 146(C), pages 900-911.
    16. Prokop, Daniel, 2021. "University entrepreneurial ecosystems and spinoff companies: Configurations, developments and outcomes," Technovation, Elsevier, vol. 107(C).
    17. Belitski, Maksim & Aginskaja, Anna & Marozau, Radzivon, 2019. "Commercializing university research in transition economies: Technology transfer offices or direct industrial funding?," Research Policy, Elsevier, vol. 48(3), pages 601-615.
    18. Robertson, Jeandri & Pitt, Leyland & Ferreira, Caitlin, 2020. "Entrepreneurial ecosystems and the public sector: A bibliographic analysis," Socio-Economic Planning Sciences, Elsevier, vol. 72(C).
    19. Daniel Sunghwan Cho & Paul Ryan & Giulio Buciuni, 2022. "Evolutionary entrepreneurial ecosystems: a research pathway," Small Business Economics, Springer, vol. 58(4), pages 1865-1883, April.
    20. Anna Kochenkova & Rosa Grimaldi & Federico Munari, 2016. "Public policy measures in support of knowledge transfer activities: a review of academic literature," The Journal of Technology Transfer, Springer, vol. 41(3), pages 407-429, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pec:wpaper:2019_1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tamás Sebestyén (email available below). General contact details of provider: https://edirc.repec.org/data/feptehu.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.