Research Handbook on Start-Up Incubation Ecosystems
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Research Handbook on Start-Up Incubation Ecosystems

Edited by Adam Novotny, Einar Rasmussen, Tommy H. Clausen and Johan Wiklund

This insightful and comprehensive Handbook explores the concept of start-up incubation ecosystems, investigating the various factors that interact to provide a nurturing environment suitable for the successful development of start-ups and illustrating the critical part this plays within entrepreneurial ecosystems. Chapters include literature reviews, theoretical studies, and empirical research featuring both quantitative and qualitative methods, using data from a range of countries analyzed by an international team of authors.
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Chapter 6: Transnational entrepreneurial ecosystems: The perspectives of Finnish and Estonian born-global start-ups

Hannes Velt, Lasse Torkkeli and Sami Saarenketo


The entrepreneurial-ecosystem concept has recently gained renewed attention among entrepreneurship scholars, yet research in regional studies and international entrepreneurship has stayed notably silent on the role that entrepreneurial ecosystems can have in driving entrepreneurial activities in developing rapidly internationalizing born-global (BG) firms. In this exploratory study, we assess the transnational entrepreneurial ecosystem in Finland and Estonia from the point of view of BG entrepreneurs and do so in a transnational-ecosystem context. Using a survey method and data analysis employing an analysis of variance (ANOVA), this study contributes to the literature on regional studies and international entrepreneurship by examining which of the transnational entrepreneurial ecosystem’s structural elements are critical for BGs during their developmental stages and how these elements are perceived differently depending on the characteristics of BG firms. The study thus enhances our understanding of the interactions of the transnational entrepreneurial ecosystem and its role in supporting new ventures.

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