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Entrepreneurial ecosystems as spatial mosaics: drivers of value creation across geographical spaces

Author

Listed:
  • Angélica Pigola

    (University of Campinas, School of Applied Sciences)

  • Bruno Fischer

    (University of Campinas, School of Applied Sciences
    National Research University Higher School of Economics)

  • Gustavo Hermínio Salati Marcondes de Moraes

    (University of Campinas, School of Applied Sciences
    National Research University Higher School of Economics)

  • Nágela Bianca do Prado

    (University of Campinas, School of Applied Sciences)

  • Juliane de Almeida Ribeiro

    (University of Campinas, School of Applied Sciences
    Instituto Federal de Minas Gerais)

Abstract

Recent literature highlights heterogeneous spatial patterns in entrepreneurial ecosystems (EEs), traditionally viewed as territorially bounded phenomena. However, growing evidence suggests that EEs possess complex spatial topologies. Existing research, primarily at the EE level, lacks insights into how individual entrepreneurs navigate these spatial structures. This study takes a microfoundational approach to examine why and to what extent entrepreneurs engage with EEs at regional, national, and international levels to generate value. Our analysis focuses on knowledge-intensive entrepreneurs from the Innovative Research in Small Enterprises program, managed by the São Paulo Research Foundation, Brazil. Using a regression analysis of survey data from 146 entrepreneurs and insights from 17 semi-structured interviews, we explore how entrepreneurs actively configure their own EE across geographical scales. Findings reveal that entrepreneurs leverage EE resources differently based on the type of value they seek to create—economic, social, or environmental. Four key drivers explain these spatial configurations: (i) configurational voids, (ii) configurational inefficiencies in regional EEs, (iii) the pursuit of configurational diversity, and (iv) configurational upgrading. These dynamics give rise to “spatial mosaics,” wherein entrepreneurs perceive and assemble EEs as complex, multi-level structures. We propose a novel illustrative framework integrating entrepreneurial agency and spatiality as core components of EE dynamics, offering fresh insights into how entrepreneurs construct and navigate EEs beyond territorial boundaries.

Suggested Citation

  • Angélica Pigola & Bruno Fischer & Gustavo Hermínio Salati Marcondes de Moraes & Nágela Bianca do Prado & Juliane de Almeida Ribeiro, 2025. "Entrepreneurial ecosystems as spatial mosaics: drivers of value creation across geographical spaces," Small Business Economics, Springer, vol. 65(4), pages 2277-2300, December.
  • Handle: RePEc:kap:sbusec:v:65:y:2025:i:4:d:10.1007_s11187-025-01056-9
    DOI: 10.1007/s11187-025-01056-9
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    Keywords

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    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • D85 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Network Formation

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