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Entrepreneurial ecosystems and interregional flows of entrepreneurial talent

Author

Listed:
  • Leonardo Mazzoni

    (European University Institute)

  • Massimo Riccaboni

    (IMT School for Advanced Studies Lucca
    IUSS Scuola Universitaria Superiore)

  • Erik Stam

    (Utrecht University School of Economics
    Stellenbosch University)

Abstract

The quality of entrepreneurial ecosystems not only enables local startups, but also affects the attraction and supply of non-local founders. We conceptualize entrepreneurial ecosystems as open systems with inflows and outflows of entrepreneurial talent. Beyond individual agency, these talent flows are driven by the quality of the origin and destination entrepreneurial ecosystems. We use network analysis and gravity models to study the interregional flows of founders of non-local startups within Italy and find empirical evidence for the creation, attraction, and supply mechanisms of entrepreneurial ecosystems. Entrepreneurial ecosystems not only provide a supportive environment for the creation of local startups, but also attract non-local founders. In addition, we reveal an escalator mechanism: (prospective) entrepreneurs tend to move from good to better entrepreneurial ecosystems.

Suggested Citation

  • Leonardo Mazzoni & Massimo Riccaboni & Erik Stam, 2025. "Entrepreneurial ecosystems and interregional flows of entrepreneurial talent," Small Business Economics, Springer, vol. 65(3), pages 1327-1361, October.
  • Handle: RePEc:kap:sbusec:v:65:y:2025:i:3:d:10.1007_s11187-025-01022-5
    DOI: 10.1007/s11187-025-01022-5
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    Keywords

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    JEL classification:

    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • 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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