Edited by Adam Novotny, Einar Rasmussen, Tommy H. Clausen and Johan Wiklund
Chapter 3: The domains of entrepreneurship support
Entrepreneurship support – the provision of resources to assist aspiring entrepreneurs to start new ventures – is a global phenomenon with multiple public and private institutions engaging in a variety of activities as an attempt to increase entrepreneurial activity. The literature on the variety of entrepreneurship support initiatives is vast but largely overlooks the contextual specificities in which support takes place. Drawing on insights from the nascent literature on entrepreneurial ecosystem – that emphasizes the multilevel impacts of the environment on entrepreneurial activity – I conceptualize that entrepreneurship support manifests itself in three main domains: a) institutional support shapes the environment in which entrepreneurs operate; b) organizational support infuses resources in startups; and c) individual support develops entrepreneurial skills. I discuss the main characteristics of these three domains, how they contribute to explain entrepreneurial activity in an entrepreneurial ecosystem and how they lead to the emergence of a start-up incubation ecosystem.
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