Is “Entrepreneurial Ecosystem” an Ecosystem or Just a Clever Metaphor?: The Case of China
Provides background on entrepreneurial ecosystems, discusses models of such systems and their components, and considers the Chinese entrepreneurial ecosystem using a model developed by Fiona Sussan specifically with China in mind.
In 2016, China’s support for startups grew to US$388 billion, more than for any other country (Bloomberg 2016, 2015; Oster & Chen 2016). In Premier Li’s 2015 Summer Davos speech, he called for a “Mass Entrepreneurship and Innovation” economic policy for China (Li 2015). Thus, it has become even more important to understand how the entrepreneurial ecosystem is evolving in China. The presentation covers What We Know About Entrepreneurial Ecosystems, then compares Fiona Sussan's proposed model of Entrepreneurship Ecosystem Policy in China to the widely-known, traditional view of the "entrepreneurship ecosystem" by Daniel Isenberg (2011). The presentation paper closes with what makes an ecosystem grow and implications for scholars and practitioners.
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