Entrepreneurial ecosystem, entrepreneurial rate and innovation: the moderating role of internet attention

  • Yan Yan
  • Jiancheng GuanEmail author


The purpose of this study is to improve our understanding of the entrepreneurial ecosystem. Unlike many previous studies, we accomplish this aim by testing the roles of entrepreneurial contexts in stimulating entrepreneurial performance, which is captured by entrepreneurial rate and entrepreneurial innovation. We further investigate their interacting with entrepreneurial attention (EA), measured by Internet search data. This is a national longitudinal study of all OECD countries between 2005 and 2014 based on multisource data. Based on the seemingly unrelated regression (SUR) results, the main findings are: (1) R&D transfer and market dynamics are important but negative predictors of both entrepreneurial activities; (2) entrepreneurial finance and taxes or regulations policies have significant positive effects on entrepreneurial innovation only when the entrepreneurship attention is high; (3) also only under the high entrepreneurship attention condition, physical infrastructure and cultural and social norms for entrepreneurship have significant positive effects on total entrepreneurial rate. The findings of this study, besides having important implications for entrepreneurial management and policy, have implications on the research of the entrepreneurial ecosystem, entrepreneurial innovation and attention.


Entrepreneurial ecosystem Entrepreneurship Innovation Entrepreneurship attention GEM 



This study is supported by the Grants from National Natural Science Foundation of China (Nos. 71673261 and 71373254) and from The Research Team of Natural Science Foundation of Guangdong Province in China (2016A030312005). The authors are very grateful for the valuable comments and suggestions from two anonymous reviewers and the Editors of the Journal, which significantly improved the quality of the paper.


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Authors and Affiliations

  1. 1.School of Economics & ManagementUniversity of Chinese Academy of SciencesBeijingChina
  2. 2.Innovation Management and StrategyUniversity of GroningenGroningenThe Netherlands
  3. 3.School of Business AdministrationSouth China University of TechnologyGuangzhouChina

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