New Book Launch in February 2018 Around the World

New Book Launch in February 2018 Around the World

Center Chair Fiona Sussan, MBA, PhD. launches a new book titled “Entrepreneurial Ecosystems. International Studies in Entrepreneurship” simultaneously in Australia and the Netherlands in February 2018, supported by Springer Publishing. Dr. Sussan, with colleagues Allan O’Connor (University of Adelaide, Australia), Erik Stam (Utrecht University, the Netherlands), and David Audretsch (Indiana University, USA) co-edited “Entrepreneurial ecosystems: place-based transformations and transitions” and included works that address entrepreneurial ecosystems formation around the globe in Glasgow, Netherlands, SE Queensland, and Las Vegas.  Apart from the global empirical reach, the new book offers an introductory summary of the genealogy of entrepreneurial ecosystem beginning from the Marshallian industrial district, Italianate industrial district, cluster, innovation system, triple helix model, innovation ecosystem, and then entrepreneurial ecosystem. In highlighting the differences from all previous models, the new book posits ‘Entrepreneur is the core actor in building and sustaining the ecosystem. While state and other sources might support ecosystem through public investment, entrepreneurs retain agency to develop and lead the ecosystem.” In other words, this book views that entrepreneurs the agents are the actors central to the ecosystem and are the leaders to develop and sustain the ecosystem. This approach contrasts to previous works that have viewed entrepreneurs as the product of an ecosystem. 

In one of the chapters, Dr. Sussan and colleague presented a case for the triadic model - universities, government and businesses - in the U.S. and the implications for entrepreneurial firms in digital economy. The chapter chronicled the shift of the role of the university in this triadic relationship over time from merely a place of learning and new knowledge development to become an integral part of the supply and demand equation for seeding entrepreneurial firms. Universities are one part of the triad and they will continuously need government and business to contribute other elements within a supply and demand model for new ventures in digital economy. As such, transitions of entrepreneurial ecosystem in the university setting will be observable through the lens of increased and focused collaboration between the triad partners. Transformations will be perceived when entrepreneurial firms eventuate through a strong supply of entrepreneurs and a resource base oriented around the university campus that readily meets the needs of the entrepreneurs and their new venture demands.

Dr. Sussan wrote another chapter with School of Advanced Studies, University of Phoenix colleagues (Dr. Brian Sloboda and Dr. Richard Hall). This chapter presents a case of Las Vegas where entrepreneurial ecosystem develop from Sin City to Tech City.  Las Vegas, benefiting from the digital economy, manages to have both its legacy entertainment industry and new digital business co-habit. The history of Las Vegas is partly driven by its isolation that has meant that the vibrancy of the place has been developed by importing entrepreneurial talent and ideas to grow the entertainment industry that characterizes the identity of Las Vegas. Fast forward to digital economy in the past two decades, Las Vegas continues to grow its technology business sector, once again, via importing entrepreneurial talent from nearby California.  This chapter makes apparent the limitations of talent movement between sectors and how history is tending to repeat with the importing of ideas and scale-up business opportunities. Although the demarcation between uptown (the Strip) and downtown (techies) demonstrates that boundaries are easily created that can serve to define but also isolate communities, the results of the research suggest that developing university student entrepreneurs, importing entrepreneurs, attracting large technology firms and improving technology or industry specific governance, citizenship, and marketplace will be desirable for digital entrepreneurial ecosystem.

 

Reference

O’Connor, A., Stam, E., Sussan, F., & Audretsch, D. (Eds. 2018) “Entrepreneurial Ecosystems: The Foundations of Place-based Renewal” In: O'Connor A., Stam E., Sussan F., Audretsch D. (eds) Entrepreneurial Ecosystems. International Studies in Entrepreneurship, vol 38. Springer, Cham. DOI https://doi.org/10.1007/978-3-319-63531-6_4

Chinta R., Sussan F. (2018) A Triple-Helix Ecosystem for Entrepreneurship: A Case Review. In: O'Connor A., Stam E., Sussan F., Audretsch D. (eds) Entrepreneurial Ecosystems. International Studies in Entrepreneurship, vol 38. Springer, Cham. DOI https://doi.org/10.1007/978-3-319-63531-6_4

Sussan, F., Sloboda, B., and Hall, R. (2018) Is there a path from Sin City to Tech City? The Case for Las Vegas. In: O'Connor A., Stam E., Sussan F., Audretsch D. (eds) Entrepreneurial Ecosystems. International Studies in Entrepreneurship, vol 38. Springer, Cham. DOI https://doi.org/10.1007/978-3-319-63531-6_4

 

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