Entrepreneurial Ecosystems and Interregional Flows of Entrepreneurial Talent

Leonardo Mazzoni, Massimo Riccaboni and Erik Stam

No 2426, Papers in Evolutionary Economic Geography (PEEG) from Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography

Abstract: The quality of entrepreneurial ecosystems not only enables local startups, but also affects the attraction and supply of non-local founders. We conceptualize entrepreneurial ecosystems as open systems with inflows and outflows of entrepreneurial talent. Beyond individual agency, these talent flows are driven by the quality of the origin and destination entrepreneurial ecosystems. We use network analysis and gravity models to study the interregional flows of founders of non-local startups within Italy, and find empirical evidence for creation, attraction and supply mechanisms of entrepreneurial ecosystems. Entrepreneurial ecosystems provide a supportive environment for the creation of local startups, but also attract non-local (potential) founders. In addition, we reveal an escalator mechanism: (prospective) entrepreneurs tend to move from good to better entrepreneurial ecosystems.

Keywords: entrepreneurial ecosystems; innovative startups; talent flows; non-local founders; complex systems; gravity models (search for similar items in EconPapers)
Date: 2024-08, Revised 2024-08
New Economics Papers: this item is included in nep-ent, nep-geo, nep-ino, nep-sbm and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:egu:wpaper:2426

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