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date: 04 August 2021

Abstract and Keywords

Governments and nongovernmental grant-making organizations seeking to advance local competitiveness have turned increasingly to entrepreneurship-focused interventions. Based on initial experience with such interventions, numerous informed practitioners have advocated for approaches that de-emphasize direct financial support for entrepreneurs in favor of more broad-based strategies of engagement aimed at enabling “entrepreneurial ecosystems” at the scale of the city or the subnational region. The chapter uses a detailed algorithm to evaluate the effect of the entrepreneurial ecosystem complexity and its effects on local competiveness. In this chapter I seek to take seriously the idea of the entrepreneurial “ecosystem,” considering what sort of guidance to research and policymaking is provided by direct analogy to the substantial literature on ecosystems within the fields of evolutionary biology and ecology.

Keywords: algorithm, complexity, entrepreneurship, entrepreneurial ecosystem, local competitiveness

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