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Orchestrating an Entrepreneurial Ecosystem in an emerging country : The lead actor’s role from a social capital perspective

Porras-Paez, Andrea LU and Schmutzler, Jana (2019) In Local Economy 34(8). p.767-786
Abstract

During the recent years, the question of whether an Entrepreneurial Ecosystem emerges organically or is man-made has been disputed. This paper explores the case of an Entrepreneurial Ecosystem in a developing country. We argue that in the context of lagging industrial development and weak institutions, a lead actor needs to step in to aid the emergence of an Entrepreneurial Ecosystem. We argue that only a locally embedded actor who has the resource endowment and the legitimacy to do so can assume such a role. By applying social capital theory, we show that deliberate strategies by this lead actor to densify the social network within the Entrepreneurial Ecosystem will assist in establishing trust and future collaboration, which will... (More)

During the recent years, the question of whether an Entrepreneurial Ecosystem emerges organically or is man-made has been disputed. This paper explores the case of an Entrepreneurial Ecosystem in a developing country. We argue that in the context of lagging industrial development and weak institutions, a lead actor needs to step in to aid the emergence of an Entrepreneurial Ecosystem. We argue that only a locally embedded actor who has the resource endowment and the legitimacy to do so can assume such a role. By applying social capital theory, we show that deliberate strategies by this lead actor to densify the social network within the Entrepreneurial Ecosystem will assist in establishing trust and future collaboration, which will result in productive entrepreneurship.

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Please use this url to cite or link to this publication:
author
and
publishing date
type
Contribution to journal
publication status
published
subject
keywords
anchor tenant, developing country, Entrepreneurial Ecosystem, lead actor, social capital
in
Local Economy
volume
34
issue
8
pages
20 pages
publisher
SAGE Publications
external identifiers
  • scopus:85078285236
ISSN
0269-0942
DOI
10.1177/0269094219896269
language
English
LU publication?
no
additional info
Publisher Copyright: © The Author(s) 2019.
id
280e90c7-14fe-404c-b233-70a7f4f43f69
date added to LUP
2023-10-26 14:09:14
date last changed
2023-10-26 15:24:54
@article{280e90c7-14fe-404c-b233-70a7f4f43f69,
  abstract     = {{<p>During the recent years, the question of whether an Entrepreneurial Ecosystem emerges organically or is man-made has been disputed. This paper explores the case of an Entrepreneurial Ecosystem in a developing country. We argue that in the context of lagging industrial development and weak institutions, a lead actor needs to step in to aid the emergence of an Entrepreneurial Ecosystem. We argue that only a locally embedded actor who has the resource endowment and the legitimacy to do so can assume such a role. By applying social capital theory, we show that deliberate strategies by this lead actor to densify the social network within the Entrepreneurial Ecosystem will assist in establishing trust and future collaboration, which will result in productive entrepreneurship.</p>}},
  author       = {{Porras-Paez, Andrea and Schmutzler, Jana}},
  issn         = {{0269-0942}},
  keywords     = {{anchor tenant; developing country; Entrepreneurial Ecosystem; lead actor; social capital}},
  language     = {{eng}},
  month        = {{12}},
  number       = {{8}},
  pages        = {{767--786}},
  publisher    = {{SAGE Publications}},
  series       = {{Local Economy}},
  title        = {{Orchestrating an Entrepreneurial Ecosystem in an emerging country : The lead actor’s role from a social capital perspective}},
  url          = {{http://dx.doi.org/10.1177/0269094219896269}},
  doi          = {{10.1177/0269094219896269}},
  volume       = {{34}},
  year         = {{2019}},
}