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A study on the perceived strength of sustainable entrepreneurial ecosystems on the dimensions of stakeholder theory and culture

Abstract

The notion of a sustainable entrepreneurial ecosystem is a novel concept related to entrepreneurial ecosystems that focus on fostering sustainable entrepreneurship. This paper advances our understanding of the topic by investigating the success factors for developing strong sustainable entrepreneurial ecosystems. Particularly important aspects in this context are the role of entrepreneurial stakeholders and regional culture for the perceptions of sustainable entrepreneurial ecosystems. Using sustainable entrepreneurial ecosystems in Graz, Austria, and Wuppertal, Germany, as an empirical base, a quantitative study is carried out. Based on a literature review, a set of hypotheses is developed and tested. The findings highlight the importance of regional entrepreneurial culture as well as tailored stakeholder support and collaboration in sustainable entrepreneurship for creating strong sustainable entrepreneurial ecosystems.

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Acknowledgments

This paper was written on basis of a joint data collection between the UNESCO-Chair of Entrepreneurship and Intercultural Management of the University of Wuppertal and the Department of Corporate Leadership and Entrepreneurship of the University of Graz. The author would like to thank everyone involved for supporting the collaborative data collection.

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Special Issue: “Sustainable entrepreneurial ecosystems: How do contextual factors support and constrain sustainable entrepreneurial ecosystems in a regional ecosystem?”

Guest Editors: Christine Volkmann, David B. Audretsch, Klaus Fichter, Markus Klofsten

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Bischoff, K. A study on the perceived strength of sustainable entrepreneurial ecosystems on the dimensions of stakeholder theory and culture. Small Bus Econ 56, 1121–1140 (2021). https://doi.org/10.1007/s11187-019-00257-3

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Keywords

  • Sustainable entrepreneurial ecosystems
  • Entrepreneurial ecosystems
  • Stakeholder theory
  • Stakeholder support
  • Stakeholder collaboration
  • Sustainability culture
  • Entrepreneurial culture
  • Sustainable entrepreneurial culture

JEL codes

  • L26
  • L31
  • M14
  • O12
  • O44
  • P13
  • P25
  • Q01
  • Q57
  • Q65
  • R11
  • R12