Theme
Entrepreneurial Ecosystems

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May 20, 2021
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May 13, 2021
Impact Alpha

Last year, the pandemic made the ability to shift operations online even more pressing, and often a matter of business survival. Digitalization is crucial to provide support to entrepreneurs globally through training, mentorship, networking opportunities and other services.

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May 11, 2021
Aspen Institute

The Aspen Network of Development Entrepreneurs (ANDE) releases new research on organizations that promote entrepreneurship and support rural MSMEs. Each snapshot provides local data on available services and most needed support, with additional insights regarding the impact of the COVID-19 pandemic.

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"Entrepreneurial ecosystems have become a prominent concept, yet in its current state, the concept itself represents a paradox. While it draws on a rich intellectual history and provides an opportunity to synthesize different strands of research, it is also under-theorized and the mechanisms that govern ecosystem evolution are not well understood. This paper takes stock of recent advancements in ecosystem scholarship and synthesizes the empirical reality of the causal mechanisms. We use these dynamics to position ecosystems in a broader context, within and beyond the domain of entrepreneurship research, and propose a transdisciplinary research program for ecosystem research and practice."

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"This interactive Guide gives development professionals the necessary theoretical background, concepts, approaches and practical tools to strengthen entrepreneurial ecosystems in developing countries. It is intended to be used as a reference after the professionals have completed their analytical ‘mapping’ of the entrepreneurial ecosystem. The Guide is supported by examples from GIZ and other programmes, all of which are intended to provide an in-depth understanding of how professionals approach various challenges in different regions and contexts – and since numerous sources of information on how to strengthen entrepreneurial ecosystems exist, each section of the document provides links to many of these useful sources and to opportunities for personal involvement."

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"Despite the emergence of startup accelerators as venture development organizations (VDOs) to high-growth firms, research has yet to identify where these accelerators fit into the venture development ecosystem. By clarifying and reviewing three different subsystems in the entrepreneurial ecosystem, our paper proposes that as an extension of the current incubation mechanism, accelerators contribute to the entrepreneurial ecosystem by transforming entrepreneurs and their ventures at early stages. Drawing upon the Pipeline model (Lichtenstein, G. A., and T. S. Lyons. 2006."Managing the community's pipeline of entrepreneurs and enterprises: A new way of thinking about business assets." Economic Development Quarterly 20 (4): 377-386.), we first plot where the accelerator model fits in the broader entrepreneurship ecosystem, and then demonstrate how different types of accelerators help participating entrepreneurs and their ventures progress along the venture development pipeline. Our theoretical approach contributes to both the entrepreneurship ecosystem and the accelerator literature and provides a practical map for both policymakers and early-stage entrepreneurs to manage and utilize their entrepreneurship ecosystem more effectively."

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"This report by the Tony Elumelu Foundation focuses on the challenges and opportunities facing young agricultural entrepreneurs. It contains a comprehensive analysis of Africa's entrepreneurial ecosystem and discusses challenges and opportunities that African start-ups face along the agricultural value chain."

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"Over the course of twelve months in 2018, we worked on the ground with 15 entrepreneur support organizations (ESOs), interviewed more than 80 ESOs, and engaged more than 1,000 stakeholders, from entrepreneurs to investors to government leaders. We learned that the entrepreneur support sector in Africa has an opportunity for better communication and collaboration. ESOs are growing businesses - much like the startups they serve. We need to focus on resourcing and strengthening existing hubs, rather than creating new ones."

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"ANDE, the Center for Development Alternatives, Enterprise Uganda, and Koltai & Company released the Phase I findings of ANDE's Uganda Entrepreneurial Ecosystem Initiative on November 28. The Phase I report maps the entrepreneurial ecosystems of Kampala and Gulu—two key regions for Ugandan economic growth. It then outlines a strategic path forward for promoting entrepreneurship in these regions, recommending specific actions to overcome ecosystem constraints. The second phase of the initiative will use these findings to design and implement a multi-stakeholder, multi-million-euro program to develop Ugandan entrepreneurship, beginning in 2019. Read the full report."

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"A prioritized strategy for action that assists investors, stakeholders, and policy actors in directing their resources towards generating the greatest impact for entrepreneurs in South Africa."

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