Upload
ilia-kenigshtein
View
607
Download
3
Embed Size (px)
DESCRIPTION
The predominant metaphor for fostering entrepreneurship as an economic development strategy is the "entrepreneurship ecosystem." You can download this file for better resolution.
Citation preview
Entrepreneurship
Human Capital
Supports
Markets
Policy
Finance
Culture
Leadership Government
Finance Capital
Success stories
Societal norms
Non-Governmental Institutions
Support professions
Infrastructure
Educational Institutions
Labor
Networks
Early Customers
Micro-loans Angel investors,
friends and family Zero-stage
venture capital
VC funds Private Equity
Public Capital Markets Debt
Visible successes Wealth generation of founders
International reputation
Tolerance of risk, mistakes, failure Innovation, creativity, experimentation
Social status of entrepreneur Wealth creation
Ambition, drive, hunger
Entrepreneurship promotion in non-profits Business plan contests
venture capital
Conferences Entrepreneur-friendly
associationsLegal Accounting
Investment bankers Technical experts, advisors
Telecommunications Transportation & logistics
Energy Zones, incubation centers, clusters
General degrees (professional and academic) Specific entrepreneurship training
Skilled and unskilled Serial entrepreneurs
Later generation family
Entrepreneur’s networks Diaspora networks
Multinational corporations
Early adopters Expertise in productizing
Reference customer First reviews
Distribution channels
Unequivocal support Social legitimacy
Open door for advocate Entrepreneurship strategy
Urgency, crisis and challenge
Institutions e.g. Investment, support
Financial support e.g. for R&D, jump start funds Regulatory framework Incentives
e.g. Tax benefits
Research institutes Venture-friendly legislation e.g. bankruptcy, contract
enforcement, property rights, and labor
Ilia Kenigshtein, 2014