Lecture 5

Question 1

What are entrepreneurial ecosystems

Answer 1

Entrepreneurial ecosystems are combinations of
social, political, economic, and cultural elements
within a region that support the development and
growth of innovative start-ups and encourage
nascent entrepreneurs and other actors to take
the risks of starting, funding, and otherwise
assisting high-risk ventures.

Question 2

Relationships among entrepreneurial ecosystems

Answer 2

The pyramid model

Question 3

How ventures benefits from being a part of an entrepreneurial ecosystem

Answer 3

Better access to knowledge and competent employees

Positive spillover effect between the network partners

Better access to funding

Potentially higher reputation and legitimacy

Question 4

Entrepreneurial support organisational

Answer 4

Specific actors that help entrepreneurs grow

Question 5

Entrepreneurial support organisational types

Answer 5

Incubators

Science park

Accelerators

Maker space

co-working space

Question 6

How does Entrepreneurial support organisational help ventures grow?

Answer 6

Cost flexible services

Mentoring

Peer knowledge exchange

Networking

Funding