A1 Journal article (refereed), original research

Uncovering New Value Frontiers: The Role of the Entrepreneurial Ecosystem in Nurturing Born Globals


Publication Details
Authors: Velt Hannes, Torkkeli Lasse, Saarenketo Sami
Publisher: Inderscience
Publication year: 2019
Language: English
Related Journal or Series Information: International Journal of Export Marketing
Journal acronym: Export marketing
Volume number: 2
Issue number: 4
ISSN: 2059-089X
eISSN: 2059-0903
JUFO-Level of this publication: 1
Open Access: Not an Open Access publication

Abstract
The concept of the entrepreneurial ecosystem has recently started gaining renewed attention among entrepreneurship scholars. However, the research on international business and entrepreneurship has stayed notably silent on the role that entrepreneurial ecosystems can have in driving the growth and internationalisation processes. This is a crucial omission, as all enterprises are part of their local entrepreneurial ecosystem and thus their international growth can also be impacted by the strengths and weaknesses of the local ecosystem.

In this exploratory study, we seek to open up a discussion on the role that the entrepreneurial ecosystem can have in research on international entrepreneurship. We assess the entrepreneurial ecosystems from the point of view of born globals and do so comparatively across two countries: Finland and Estonia. Through a survey and data analysis with STATA and t tests, this study contributes to the literature on international entrepreneurship by 1) outlining the entrepreneurial ecosystem elements that are the most and least critical for the development of born global start-ups and 2) comparing the performance of ecosystems between different countries as seen by born globals. Thus, the study helps in applying a neglected concept and level of analysis to the international entrepreneurship field.

Last updated on 2019-12-04 at 08:15