A relational perspective on entrepreneurial ecosystems: The role and sustenance of the entrepreneurship center. Issue 2 (14th May 2018)

• Record Type: Journal Article
• Authors: Pittz, Thomas G.; Hertz, Giles
• Is Part Of: Journal of enterprising communities. Volume 12:Issue 2(2018)
• Page Start: 220
• Page End: 231
• Publication Date: 2018-05-14
• Subjects: Entrepreneurial universities -- Entrepreneurship centers -- Entrepreneurship policy -- Entrepreneurial ecosystems; Industries -- Social aspects -- Periodicals; Globalization -- Social aspects -- Periodicals; Economic development -- Social aspects -- Periodicals; Ethnic communities -- Economic conditions -- Periodicals; Community development -- Periodicals; Developing countries -- Economic conditions -- Periodicals; 338.9105
• DOI: 10.1108/JEC-10-2017-0081
• Languages: English
• ISSNs: 1750-6204

Abstract

Abstract : Purpose: The purpose of this paper is to explore the role of the entrepreneurship center (EC) in the larger entrepreneurial ecosystem. Entrepreneurial ecosystems thrive because of complex interdependencies and dynamic relationships between and among its participants. While the university has often been highlighted as a key player in the entrepreneurial ecosystem, the role of the EC within the university, despite its strategically influential position in stimulating entrepreneurship, has not received sufficient attention in scholarship. Design/methodology/approach: The authors attempt to address this gap in scholarship using an expert Delphi panel approach to explore the vital role that the EC plays in ensuring the vibrancy of the regional entrepreneurial ecosystem. In doing so, the authors tackle the question of sustainability of the EC by outlining a structural framework and key job characteristics of the EC director so that it may thrive beyond the tenure of a transformational leader. Findings: In analyzing the responses of Delphi panelists and reviewing the theoretical foundations, the authors have identified three areas for discussion: the question of whether the EC director ought to be an academic job, the key skills of an effective EC director and how to sustain the EC after the departure of a transformative leader. Considering the vital role that the EC plays in the university and regional entrepreneurial ecosystems, these questions have importance for the future of the practice of entrepreneurship. Originality/value: The role of the EC in the larger regional entrepreneurial ecosystem and the impact of the EC director are subjects that have been largely unaddressed by current scholarship. This is despite the growing number of ECs, the growth of entrepreneurship as a discipline, the desire to foster entrepreneurial universities and the struggle to find suitable EC leadership talent. The EC is critical for bringing together various actors within the regional entrepreneurship ecosystem, creating and maintaining an entrepreneurial culture and fostering co-curricular learning to develop human capital, key benefits that the university provides on top of its research activity.