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Unveiling entrepreneurial ecosystems’ transformation: a GEM based portrait

dc.contributor.authorPita, Mariana
dc.contributor.authorCosta, Joana
dc.contributor.authorMoreira, Antonio
dc.date.accessioned2026-02-23T11:15:06Z
dc.date.available2026-02-23T11:15:06Z
dc.date.issued2021-11-29en_US
dc.date.updated2026-01-27T00:33:11Z
dc.description.abstractEntrepreneurial Ecosystems (EEs) have attracted the attention of academics, practitioners, and policymakers, that attempt to unlock ‘a winning recipe’ considering the different EEs pillars in order to ignite entrepreneurship at large. Therefore, understanding the degree of influence of each pillar on Entrepreneurial Initiative (EI) is helpful in framing more effective policies towards entrepreneurship. This study aims to bring a new facet to entrepreneurship research, specifically on decomposing the transformation of EEs and the influence of EEs pillars on EI. The transformation of EEs is shown by a balanced panel approach based on the Global Entrepreneurship Monitor (GEM) dataset over 8 years (2010–2017), comprising 18 countries. The study has several implications for entrepreneurship theory and practice as well as public policy since discusses three main issues, mainly supported by empirical results. First, the results show an unbalanced influence of EEs pillars on EI. Second, results also show the ineffectiveness of institutions in encouraging the desire to act entrepreneurially. Third, entrepreneurship needs to be part of the acculturation process evidencing the importance of collective normative. Therefore, providing the instruments and structures is not enough to encourage individuals to start an entrepreneurial journey. Generally, the results reveal that contextual determinants are significant in fostering entrepreneurial propensity to start a business. But the impact of the nine pillars is not equalized, revealing a fragmented influence with funding measures, R&D transfer, and cultural and social norms discouraging entrepreneurial initiative. Overall, the study contributes to the understanding of a multidimensional perspective on EEs and points future policy directions to overcome the lack of entrepreneurship and amend flawed entrepreneurship policies.eng
dc.description.sponsorshipThe research for the first author was funded by the Project BOT–Learning as a modern teaching method of GEN Z (number 2020-1-PL01-KA203-081777), Strategic Partnership for Higher Education, ERASMUS+, Foundation for the Development of the Education System.
dc.description.versioninfo:eu-repo/semantics/publishedVersion
dc.identifier.doi10.3390/economies9040186en_US
dc.identifier.slugcv-prod-2867736
dc.identifier.urihttp://hdl.handle.net/10400.2/21434
dc.language.isoeng
dc.peerreviewedyes
dc.relationBOT-Learning as a modern teaching method of GEN Z
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/
dc.subjectEntrepreneurial ecosystems
dc.subjectEntrepreneurial initiative
dc.subjectEntrepreneurial ecosystem quality
dc.subjectGEM
dc.titleUnveiling entrepreneurial ecosystems’ transformation: a GEM based portraiteng
dc.typejournal article
dspace.entity.typePublication
oaire.awardTitleBOT-Learning as a modern teaching method of GEN Z
oaire.awardURIhttp://hdl.handle.net/10400.2/21433
oaire.citation.issue4en_US
oaire.citation.startPage186
oaire.citation.titleEconomiesen_US
oaire.citation.volume9en_US
oaire.fundingStreamStrategic Partnerships for higher education
oaire.versionhttp://purl.org/coar/version/c_970fb48d4fbd8a85
person.familyNameMoreira
person.givenNameAntonio
person.identifier.orcid0000-0002-6613-8796
rcaap.cv.cienciaid541F-5442-5666 | António Carrizo Moreira
rcaap.rightsopenAccessen_US
relation.isAuthorOfPublication51ad303d-335c-4e2f-bae3-fffffef2e2f5
relation.isAuthorOfPublication.latestForDiscovery51ad303d-335c-4e2f-bae3-fffffef2e2f5
relation.isProjectOfPublication261ba4da-a99c-4fbf-9c75-960de86d345d
relation.isProjectOfPublication.latestForDiscovery261ba4da-a99c-4fbf-9c75-960de86d345d

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