Preprint / Working Paper
Details
Citation
Brown R & Mawson S (2019) Entrepreneurial Ecosystems: A Critique of the Latest Industrial Policy Blockbuster. Working Papers in Responsible Banking & Finance, 19-001. Centre for Responsible Banking & Finance. https://www.st-andrews.ac.uk/business/rbf/workingpapers/RBF19_001.pdf
Abstract
Efforts to develop entrepreneurial ecosystems (EEs) have proliferated in recent years making it the latest industrial policy ¡®blockbuster¡¯. This paper critiques the concept and reviews its application within public policy. It reports the findings from a comprehensive comparative analysis of policy approaches deployed under this conceptual umbrella. Empirically, the findings suggests it is fraught with conceptual ambiguity and is predominantly (and rather
crudely) used to promote ¡®more¡¯ entrepreneurship. Genuine systemic policy instruments to aid the functioning of ecosystems are extremely rare. The paper suggests the concept is a ¡®chaotic¡¯ one open to wide-ranging misinterpretation and indeed misuse by policy makers.
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| Title of series | Working Papers in Responsible Banking & Finance |
| Number in series | 19-001 |
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