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A meta-analysis of entrepreneurial ecosystem elements and entrepreneurial activity

Author

Listed:
  • Martin Queissner

    (Ruhr-University Bochum
    Zeppelin University)

  • Lennard Stolz

    (Leibniz University Hannover, Institute of Economic and Cultural Geography)

  • Matthias Weiss

    (Zeppelin University)

Abstract

This meta-analysis examines the relationship between entrepreneurial ecosystem (EE) elements and regional entrepreneurial activity (EA). An extensive literature search is performed to identify quantitative studies covering EE elements and EA at the regional level (257 studies) and to extract relevant data (2,241,813 observations). To synthesize the findings, we group the potential antecedent variables based on Stam’s (European Planning Studies, 23(9):1759-1769, 2015) EE framework. The results show large differences in the effect sizes and relevance of EE elements. Based on the empirical results, three relevant elements underlying all EEs are identified: demand, talent, and finance. Our results remain robust after using different methods for variable grouping, applying meta-analytic regression, and controlling for country, publication specifics, and grouping errors. Propositions for building an EE theory are derived, and future research opportunities are discussed, as well as policy implications.

Suggested Citation

  • Martin Queissner & Lennard Stolz & Matthias Weiss, 2025. "A meta-analysis of entrepreneurial ecosystem elements and entrepreneurial activity," Small Business Economics, Springer, vol. 64(4), pages 1817-1847, April.
    • Handle: RePEc:kap:sbusec:v:64:y:2025:i:4:d:10.1007_s11187-024-00953-9
    DOI: 10.1007/s11187-024-00953-9
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    More about this item

    Keywords

    Entrepreneurial ecosystem; Meta-analysis; Entrepreneurial activity; Context; Environment; Regional entrepreneurship;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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