TY - JOUR
T1 - Conceptualising the transformational power of entrepreneurship from an entrepreneurial ecosystems perspective focusing on environmentally and socially inclusive economic growth
AU - Yoruk, Esin
AU - Johnston, Andrew
AU - Maas, Gideon
AU - Jones, Paul
N1 - Funding Information:
Access to start-up finance and especially sustained financial support for funding of innovative activities is also a key feature of a transformative entrepreneurial ecosystem. Finance provision especially for highly innovative and risky projects need nurturing via strong venture capital financing. Effective venture capital, however, is by no means is a guarantee for scaling up of entrepreneurial ventures. For sustained entrepreneurial innovative activity ventures should be continuously supported through either via bank-based or capital market-based finance systems.
Publisher Copyright:
Copyright © 2022 Inderscience Enterprises Ltd.
PY - 2022/3/15
Y1 - 2022/3/15
N2 - This paper focuses on the philosophy of transformational entrepreneurship and explores what role entrepreneurial ecosystems fulfil within that to stimulate environmentally and socially inclusive growth. It first examines the past and current contributions in the entrepreneurship literature. Then, it considers the current debate on the transformative power of entrepreneurship and how it can be best utilised for creation of sustainable socio-economic growth via diverse forms of entrepreneurship and interdependencies between entrepreneurial actions and functions at different income levels. From this basis, this research contributes to the recent literature on transformational effects of entrepreneurship by providing novel insights into the role entrepreneurial ecosystems fulfil in transforming societies.
AB - This paper focuses on the philosophy of transformational entrepreneurship and explores what role entrepreneurial ecosystems fulfil within that to stimulate environmentally and socially inclusive growth. It first examines the past and current contributions in the entrepreneurship literature. Then, it considers the current debate on the transformative power of entrepreneurship and how it can be best utilised for creation of sustainable socio-economic growth via diverse forms of entrepreneurship and interdependencies between entrepreneurial actions and functions at different income levels. From this basis, this research contributes to the recent literature on transformational effects of entrepreneurship by providing novel insights into the role entrepreneurial ecosystems fulfil in transforming societies.
KW - Entrepreneurial ecosystems
KW - Entrepreneurship
KW - Low-income economies
KW - Middle-income economies
KW - Transformation
KW - Transformational entrepreneurship
UR - http://www.scopus.com/inward/record.url?scp=85127240998&partnerID=8YFLogxK
UR - https://www.inderscience.com/info/inarticletoc.php?jcode=ijtlid&year=2022&vol=14&issue=1/2
U2 - 10.1504/IJTLID.2022.121476
DO - 10.1504/IJTLID.2022.121476
M3 - Article
AN - SCOPUS:85127240998
VL - 14
SP - 192
EP - 220
JO - International Journal of Technological Learning, Innovation and Development
JF - International Journal of Technological Learning, Innovation and Development
SN - 1753-1942
IS - 1-2
ER -