مستخلص: |
The entrepreneurial dynamism of an ecosystem influences economic progress, regional development, and overall societal well-being through its three key dimensions: enterprise birth, growth, and death. We advance a configurational perspective by studying the entrepreneurial dynamism (ED) facets through the entrepreneurial ecosystem (EE) lens using a set-theoretic approach. Recent advances in the EE literature acknowledge the simultaneous causality among multiple EE constituents: formal institutions, entrepreneurial culture, financial infrastructure, human capital, innovation, and support services. The interdependencies among EE elements indicate the possibility of multiple conjectural causations and equifinality of outcomes: enterprise birth, growth, and death. We use the fuzzy set qualitative comparative analysis (fsQCA), an established approach to studying multiple conjectural causations and equifinality. We used fsQCA to obtain configurations for high enterprise birth, growth, and death rate on a panel dataset of 23 countries from 2010 to 2019. We obtained six configurations for a high birth rate and seven for a high growth rate, thus providing empirical evidence of equifinality. Our results reveal that certain EE elements take a primary role and certain EE elements take a supportive role in driving high enterprise birth rates and growth rates. Our configurational transition path analysis reveals the transition among the configurations of high birth, growth, and death rates by including or excluding certain critical EE elements. We obtain the 'configuration of productive entrepreneurship,' a common configuration between high birth and high growth rate, and the 'configuration of non-productive entrepreneurship, ' a common configuration between high birth and high death rate. [ABSTRACT FROM AUTHOR] |