Are dynamic, self-regulating network of many different types of actors. Entrepreneurial ecosystems are combinations of social, political, economic, and cultural elements within a region that support the development and growth of innovative start-ups. It includes all the interrelated factors that enable entrepreneurship, such as: policies, interventions, incubation, education, culture and networks. The ecosystems can develop organically but are typically supported and developed by community and government interventions.
Published in Chapter:
The Entrepreneurial University and Business Incubation
Simon Stephens (Letterkenny Institute of Technology, Ireland), Emily O'Flynn (Letterkenny Institute of Technology, Ireland), Karen Alexander (Letterkenny Institute of Technology, Ireland), Anne Burke (Letterkenny Institute of Technology, Ireland), and Isobel Cunningham (Letterkenny Institute of Technology, Ireland)
Copyright: © 2022
|Pages: 20
DOI: 10.4018/978-1-7998-7456-0.ch002
Abstract
The primary aim of this chapter is to review the literature on entrepreneurial ecosystems, focusing on the activities of two key institutions: higher education institutions and business incubation centres (BICs). This chapter explores how best to manage the connection between business incubation centres and higher education institutions. It examines the activities of business incubation centres (BICs) as they relate to entrepreneurial universities and provides an overview of the key challenges associated with developing entrepreneurial universities. Findings are presented in the form of a conceptual framework that facilitates an improved understanding of the benefits of connecting the capabilities, activities, and outcomes associated with higher education and business incubation. The chapter offers a lens by which to consider the design of BICs as they relate to entrepreneurial universities and offers pathways to consider future research.