Abstract
Currently, the terms entrepreneurial ecosystem and startup are of major importance for legislators, governments, and whole geographic areas. Nowadays, young, sustainable, and innovative startups can influence specific regions in respect to employment rates and HDI and GDP growth. However, an entrepreneurial ecosystem consists of different stakeholders and complex mutual relations. A fundamental issue for policy makers is how to promote the creation of those young successful companies and how to create a potent entrepreneurial ecosystem while persisting social equality. This analysis evaluates the stakeholders of an entrepreneurial ecosystem as well as the underlying startup phenomenon and derives a framework on three key social and political factors that can improve a startup network.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Airbnb, Inc. (2016). AirBnB. https://de.airbnb.com/about/about-us
Anders (a), G. (2014). Facebook’s $19 billion craving, explained by Mark Zuckerberg. http://www.forbes.com/sites/georgeanders/2014/02/19/facebook-justifies-19-billion-by-awe-at-whatsapp-growth/. Retrieved 03 Aug 2014.
Anders (b), G. (2013). A twitter user is worth $110; Facebook’s $98; LinkedIn’s $93. Forbes.
Ashton, T. (1998). The industrial revolution, 1760–1830. Oxford: Oxford University.
Barnett, C. (2014). Forbes magazine. Top 10 crowdfunding sites for fundraising. Retrieved from: http://www.forbes.com/sites/chancebarnett/2013/05/08/top-10-crowdfunding-sites-for-fundraising/#53874f9e1cfb
Berglöf, E., & Perotti, E. (1994). The governance structure of the Japanese financial keiretsu. Journal of Financial Economics, 36(2), 259–284.
Berk, J., & DeMarzo, P. (2014). Corporate finance (3rd ed.). Harlow: Pearson Education Limited.
Block, J. H., Vries, G. D., Schumann, J. H., & Sandner, P. (2013). Trademarks and venture capital valuation. Journal of Business Venturing, 29(4), 2–18.
Campbell, D. F. J. (2013). Cross-employment (pp. 1–7). New York: Springer Science and Business Media, LLC.
Campbell, D. F. J., & Carayannis, E. G. (2016). The academic firm: A new design and redesign proposition for entrepreneurship in innovation-driven knowledge economy. Journal of Innovation and Entrepreneurship, 5, 12.
Chen, L. (2016, June 27). Forbes. At $68 billion valuation, Uber will be bigger than GM, Ford, and Honda. Retrieved from: http://www.forbes.com/sites/liyanchen/2015/12/04/at-68-billion-valuation-uber-will-be-bigger-than-gm-ford-and-honda/#1af9289d5858
Choi, J. (2016, August 11). TechCrunch. Google isn’t safe from Yahoo’s fate. Retrieved from: https://techcrunch.com/2016/08/11/google-isnt-safe-from-yahoos-fate/
Compass.co & Crunchbase. (2016). Compass. The global startup ecosystem ranking 2015. Retrieved from: http://startup-ecosystem.compass.co/ser2015/
Damodaran, A. (2015, January). Revenue multiples by sector (US). http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/psdata.html. Retrieved 09 Feb 2015.
Davenport, T. H., Harris, J. G., & Morison, R. (2010). Analytics at work: Smarter decisions, better results. Cambridge, MA: Harvard Business Press.
Dumont, B., & Holmes, P. (1999, October 25). The breadth of intellectual property rights and their interface with competition law and policy: Divergent paths to the same goal. Financial Times.
Dyer, J. H., Prashant, K., & Singh, H. (2004). When to ally and when to acquire. Harvard Business Review, 82(7–8), 108–115.
European Startup Initiative (ESI). (2016). Startup heatmap. Startup heatmap Europe. Retrieved from: http://www.startupheatmap.eu/assets/pdf/report_startupheatmap_europe_publish.pdf
Faccio, M., & Masulis, R. W. (2005). The choice of payment method in European mergers and acquisitions. The Journal of Finance, 60(3), 1345–1388.
Facebook, Inc. (b). (2014). Facebook investor relation stock. http://investor.fb.com/stockquote.cfm. Retrieved 02 July 2014.
Facebook, Inc. (c). (2014, October). FORM 8-K/A. http://investor.fb.com/secfiling.cfm?filingID=1326801-14-47&CIK=1326801. Retrieved 02 Nov 2014.
Feld, B. (2012). Startup communities – Building an entrepreneurial ecosystem in your city. Hoboken: Wiley.
Feld, B. (2015). FeldThoughts. What acquihire really means. Retrieved from: http://www.feld.com/archives/2015/07/acquihire-really-means.html
Florida, R. (2008). Who’s your city? New York: Basic Books/Random House.
Florida, R. (2012). The rise of the creative class. New York: Basic Books.
Gompers, P., & Lerner, J. (2000). The determinants of corporate venture capital success: Organizational structure, incentives, and complementarities. Chicago: University of Chicago Press.
Gompers, P., & Lerner, J. (2002). The venture capital cycle (paperback ed.). Cambridge, MA: The MIT Press.
Graham, P. (2012, September). Startup = Growth. Want to start a startup? Retrieved from: http://www.paulgraham.com/growth.html
Haspeslagh, P. C., & Jemison, D. B. (1993). Managing acquisitions: Creating value through corporate renewal. The Academy of Management Review, 18(2), 370–416.
Jeng, L. A., & Wells, P. (2000). The determinants of venture capital funding: Evidence across countries. Journal of Corporate Finance, 06, 241–289.
Kaplan, A. M., & Haenlein, M. (2010). Users of the world, unite! The challenges and opportunities of social media. Business Horizons, 53(1), 59–68.
Kaplan, S. N., & Stromberg, P. (2003). Financial contracting theory meets the real world: An empirical analysis of venture capital contracts. Review of Economic Studies, 70, 281–315.
Kietzmann, J. H., Hermkens, K., McCarthy, I. P., & Silvestre, B. S. (2010). Social media? Get serious! Understanding the functional building blocks of social media. Business Horizons, 54(3), 241–251.
Kuchler, H., & Bradshaw, T. (2014, February 20). Facebook buys WhatsApp in $19bn deal. Financial Times. http://www.ft.com/cms/s/0/44d4fc72-99b2-11e3-b3a2-00144feab7de.html#axzz366O3oTGA
Lerner, J. (2013). Corporate venturing. Harvard Business Review, 91(10), 86–94.
Levy, S. (2016). Facebook grows up. The Founding Fathers of Silicon Valley, 1, 68–79.
Mehr, H. (2016, August 18). immobilienportale.com. Zoomsquare: Facebook-Chatbot für die immobiliensuche. Retrieved from: https://www.immobilienportale.com/20165088-zoomsquare-facebook-chatbot-fuer-die-immobiliensuche/
iNiTS Universitäres Gründerservice Wien GmbH. (2016, August 14). INiTS innovation into business. Retrieved from: http://www.inits.at/
Opensource.org. (2016). Opensource.org. Coining “open source”. Retrieved from: https://opensource.org/history
Ries, E. (2010). Startup lessons learned. What is a startup? Retrieved from: http://www.startuplessonslearned.com/2010/06/what-is-startup.html
Robehmed, N. (2013, December 16). Forbes magazine. What is a Startup? Retrieved from: http://www.forbes.com/sites/natalierobehmed/2013/12/16/what-is-a-startup/#8f8336d4c63f
Roberts, B. (2006). Show me the technology. USA: Electronic Business.
Roland Berger & Pioneers. (2016). Roland Berger. Startup-Hub Wien. Retrieved from: http://www.rolandberger.at/presse/releases/Startup-Hub_Wien.html
Saxenian, A. (1996). Regional advantage – Culture and competition in Silicon Valley and route 128. Cambridge, MA: Harvard University Press.
Schlicht, M. (2016). Chatbots magazine. The complete beginner’s guide to chatbots. Retrieved from: https://chatbotsmagazine.com/the-complete-beginner-s-guide-to-chatbots-8280b7b906ca#.9ie4jua8l
Shapiro, C., & Varian, H. (1999). Information rules: A strategic guide to the network economy. Boston: Harvard Business School Press.
Sievers, S., Mokwa, C., & Keienburg, G. (2012, December 3). The relevance of financial versus non-financial information for the valuation of venture capital-backed firms. European Accounting Review, 22(3), 467–511.
TED Talks. (2015). Ted.com. The single biggest reason why startups succeed. Retrieved from: https://www.ted.com/talks/bill_gross_the_single_biggest_reason_why_startups_succeed
The Economist. (2014). Facebook and WhatsApp: Getting the messages. http://www.economist.com/news/business/21596966-why-mark-zuckerbergs-social-network-paying-such-whopping-sum-messaging. Retrieved 08 Aug 2014.
Uber Technologies Inc. (2016). Uber. Our story. Retrieved from: https://www.uber.com/our-story/
Vannevar, B. (1945). As we may think. Atlantic Monthly, 176, 112–124.
von Arnim, M. (2014). Das Ende der Internetblase 2.0. Handelsblatt. http://app.handelsblatt.com/finanzen/zertifikate/anlagestrategie-yahoo-aktie-profitiert-vom-boersengang/9912126-7.html
Waters, R., & Sharman, A. (2015, February). Google hopes all-or-nothing bet on robot cars will pay off soon. Financial Times.
Winkler, R., & MacMillan, D. (2016). The wall street journal. The secret math of Airbnb’s $24 billion valuation. Retrieved from: http://www.wsj.com/articles/the-secret-math-of-airbnbs-24-billion-valuation-1434568517
Yahoo! Corp. (2015). Yahoo finance database. http://finance.yahoo.com/. Retrieved 03 Jan 2015.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Section Editor information
Rights and permissions
Copyright information
© 2018 Springer International Publishing AG, part of Springer Nature
About this entry
Cite this entry
Boesenkopf, F.A. (2018). Entrepreneurial Ecosystem: How to Improve Your Local Ecosystem with Political Initiatives. In: Carayannis, E., Campbell, D., Efthymiopoulos, M. (eds) Handbook of Cyber-Development, Cyber-Democracy, and Cyber-Defense. Springer, Cham. https://doi.org/10.1007/978-3-319-09069-6_38
Download citation
DOI: https://doi.org/10.1007/978-3-319-09069-6_38
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-09068-9
Online ISBN: 978-3-319-09069-6
eBook Packages: Economics and FinanceReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences