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Network-based principles of entrepreneurial ecosystems: a case study of a start-up network
Journal article   Peer reviewed

Network-based principles of entrepreneurial ecosystems: a case study of a start-up network

Andrea Ancona, Matteo Cinelli, Giovanna Ferraro and Antonio Iovanella
Small business economics, Vol.61(4, December 2025), pp.1497-1514
2023
Scopus ID: 2-s2.0-85150228394
Web of Science ID: WOS:000949922100001

Abstract

Entrepreneurial ecosystem Network-based approach Network-based principles Complexity theory Start-ups Social media
Entrepreneurial ecosystems are wealthy environments in which entrepreneurs, firms, and governments can operate frictionless, contributing to innovation and economic growth. The investigation of the structure of such systems is an open issue. We provide insights on this aspect through the formulation of seven network-based principles associating specific network metrics to distinct structural features of entrepreneurial ecosystems. In this way, we aim to support the measurement of the structural characteristics of an entrepreneurial ecosystem and the design of policy interventions in case of unmet properties. The proposed methodology is applied to an original network built on the relationships occurring on Twitter among 612 noteworthy start-ups from seven different European countries. This is a novel way to conceptualize entrepreneurial ecosystems considering online interactions. Thus, this work represents a first attempt to analyze the structure of entrepreneurial ecosystems considering their network architecture to guide policy-making decisions. Our results suggest a partial ecosystem-like nature of the analyzed network, providing evidence about possible policy recommendations.
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https://doi.org/10.1007/s11187-023-00738-6View
Published (Version of record) Open CC BY V4.0

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