Abstract
In this paper, we use Cultural Consensus as a theory and methodology and collect and analyze individuals’ mental models of entrepreneurship. This novel approach, combined with social network analysis, allows us to empirically study the shared cultural beliefs present within a nascent EE. Based on this case, we determine that, in contrast to mature ecosystems, the cultural beliefs within this nascent entrepreneurial ecosystem clearly prioritize action and behavioral elements over individual characteristics or entrepreneurial-related outcomes. Thus, our study suggests that the cultural beliefs within early ecosystems are different than the cultural beliefs that underpin mature ecosystems. We discuss implications and future research related to these findings and this approach.
Funding source: Ewing Marion Kauffman Foundation
Award Identifier / Grant number: RG-201602-20152633
Funding source: The Sheila and Robert Challey Institute for Global Innovation and Growth
Appendix A Selection of terms from interviewees describing entrepreneurship
Entrepreneur: outcomes | Entrepreneur: Attributes /behaviors |
---|---|
Economic | Capability/actions |
Creating jobs | Able to adapt and change |
Creating revenue | Knowing how to fail fast |
Creating values for oneself and/or for other people | Tolerant of failure |
Contributing to community and society | Problem solver |
Reallocating resources from one place to another with higher utilization and impact of the resource | Being resourceful |
Tech startups having a relatively positive exit event (getting bought, IPOing, etc.) | Being curious |
Making economic impact | Being connected |
Creating jobs | Seeing things differently than anybody else |
Having some skills (accounting, business, marketing, sales, etc.) | |
Social | Aware of the surroundings and situations |
Contributing to the world | Pursuing vision/opportunity regardless of currently available resources |
Building the community that we want to live in | Taking calculated risk to create value |
Creating growth (community, economy, technologies, jobs, etc.) | Taking something everybody else sees and doing something differently about it |
Going against the status quo | |
Personal | Not giving up |
Learning from failures | Capable of inspiring others with their passion |
Growing personally | Capable of delivering results |
Finding the joy and love in what you do | Starting and running your own business (self-starters) |
Feeling good about oneself | Being your own boss |
Doing something unique | |
Entrepreneurial ecosystem: Context | |
Good community (diverse, supportive, engaging, safe, reasonable cost of living, etc.) | Personality |
Coordinated efforts to achieve common goals | Ready to sacrifice (time, resources, etc.) |
Good public & private partnerships (Fargo & Moorhead) | Having passion for what you’re doing |
Financial investments | Being dedicated |
Job availability | Believing in yourself |
A regional hub | Self-aware (of what you’re good and not good at) |
Good size (not too big & not too small in terms of population & area) | Self-driven |
Technology background | Emotionally intelligent |
State support (great programs like jobs training grant program, sales tax reimbursement, etc.) | Fully committed |
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© 2020 Walter de Gruyter GmbH, Berlin/Boston
Artikel in diesem Heft
- Frontmatter
- Competitive Research Articles
- Opportunity Recognition: Conversational Foundations and Pathways Ahead
- The Mechanism of Entrepreneurs’ Social Networks on Innovative Startups’ Innovation Performance Considering the Moderating Effect of the Entrepreneurial Competence and Motivation
- The Impact of Federal Home Loan Bank (FHLB) Advances on Small Business Lending by Community Banks—2010–2016
- Learning, Dynamic Capabilities, and Firm Performance: The Case of Entrepreneurial Firms in the South Korean Fashion Industry
- Uncovering the Cultural Beliefs in a Nascent Entrepreneurial Ecosystem
- Director Network, Governance of Independent Directors and Efficiency of Enterprise Capital Allocation
Artikel in diesem Heft
- Frontmatter
- Competitive Research Articles
- Opportunity Recognition: Conversational Foundations and Pathways Ahead
- The Mechanism of Entrepreneurs’ Social Networks on Innovative Startups’ Innovation Performance Considering the Moderating Effect of the Entrepreneurial Competence and Motivation
- The Impact of Federal Home Loan Bank (FHLB) Advances on Small Business Lending by Community Banks—2010–2016
- Learning, Dynamic Capabilities, and Firm Performance: The Case of Entrepreneurial Firms in the South Korean Fashion Industry
- Uncovering the Cultural Beliefs in a Nascent Entrepreneurial Ecosystem
- Director Network, Governance of Independent Directors and Efficiency of Enterprise Capital Allocation