SEE 7 - Ecosystems updated Flashcards
What is an EE?
Entrepreneurial ecosystem
What are the three propositions about SEEs compared to EEs according to de Bruin et al. (2022)?
1) SEEs, like EEs, are complex, evolving systems. (TRUE)
2) SEEs have the same key elements as EEs. (TRUE)
3) The outcomes and output of SEEs are the same as EEs. (FALSE)
How are the boundaries within SEEs described?
Permeable, allowing interaction with other ecosystems.
What factors shape the unique characteristics of SEEs?
Contextual factors like history, environment, and culture.
What are the three support by ecosystems to SEs?
1) Fuel
2) Hardware
3) DNA
Why are (1) Fuel (2) Hardware (3) DNA, important to support SEs?
1) Fuel: resources provided by ecosystems to help SEs grow, and crucial for infrastructure and core development
2) Hardware: tools, infrastructure, and services that help SEs strengthen and scale their business
3) DNA: entrepreneurial culture and supportive policies that enhance SEs’ legitimacy and visibility
How do SEEs and EEs differ in regard to the ‘when’ dimension?
SEEs change more with social, political, and regulatory shifts over time, affecting their growth stages and key players
How do SEEs and EEs differ in regard to the ‘who’ dimension?
SEEs focus on community and social value, needing diverse actors and intermediaries for adaptation and impact. EEs focus more on economic profit
How do SEEs and EEs differ in regard to the ‘why’ dimension?
SEEs aim to create social value and positive impacts through sustainable solutions and community focus. EEs focus on business innovation and knowledge sharing
How do SEEs and EEs differ in regard to the ‘where’ dimension?
SEEs thrive in supportive, diverse cultures, focusing on community needs and collective goals.