SEEING THE FOREST AND THE TREES: EXPLORING THE IMPACT OF INTER- AND INTRA-ENTREPRENEURIAL ECOSYSTEM EMBEDDEDNESS ON NEW VENTURE CREATION

• 成果类型: Article
• 署名作者: Xu, Lei; Yang, Shu; Liu, Yu; Newbert, Scott L.; Boal, Kimberly
• 署名单位: University of Missouri System; University of Missouri Saint Louis; Hofstra University; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; City University of New York (CUNY) System; Baruch College (CUNY); Texas Tech University System; Texas Tech University
• 刊物名称: ACADEMY OF MANAGEMENT JOURNAL
• ISSN/ISSBN: 0001-4273
• DOI: 10.5465/amj.2021.0791
• 发表日期: 2023
• 页码: 1954-1982
• 关键词: social-structure; RELATIONAL EMBEDDEDNESS; networks; KNOWLEDGE; firm; INNOVATION; religion; PERSPECTIVE; performance; spillovers

摘要

Research on entrepreneurial ecosystems (EEs) has tended to focus on the role that characteristics internal to the EE play in determining EE-level outcomes. Notwithstanding the insights that academics, policy-makers, and entrepreneurs have gleaned from these studies, prior research has yet to explain whether, how, and why these outcomes might also be impacted by an EE's position within the larger network of EEs. Given broad acceptance for the important role that networks play in facilitating entrepreneurship at the firm level, we contend that adopting a network-based view of EEs may also help predict and explain aggregate entrepreneurial outcomes at the EE level. Specifically, we adopt a double embeddedness lens to examine the impact of both inter-EE (i.e., structural embeddedness) and intra-EE (i.e., cultural embeddedness) factors on EE-level new venture creation. Using a longitudinal sample of regional data in the United States from 1994 to 2016, we develop and test hypotheses where the relationship between structural embeddedness and new venture creation follows an inverted U shape that is itself moderated by cultural embeddedness. We conclude by discussing how these findings informtheory and practice in this area.