A framework for linking entrepreneurial ecosystem with institutional factors: a modified total interpretive structural modelling approach. (5th August 2019)

• Record Type: Journal Article
• Authors: Singh, Shiwangi; Sinha, Shuchi; Das, Vellupillai Mukunda; Sharma, Anuj
• Is Part Of: Journal for global business advancement. Volume 12:Number 3(2019)
• Page Start: 382
• Page End: 404
• Publication Date: 2019-08-05
• Subjects: institutional factors -- TISM -- total interpretive structure modelling -- entrepreneurial ecosystem -- political stability -- rule of law -- government effectiveness -- regulatory quality -- ease of starting business -- ease of paying taxes -- ease of resolving insolvency; Business -- Periodicals; International business enterprises -- Periodicals; 650
• Languages: English
• ISSNs: 1746-966X

Abstract

This paper presents a model of the interactions among and between different institutional and entrepreneurial ecosystem factors, based on a modified total interpretive structure modelling (m-TISM) approach. Previous literature holds diverse views about the influence of institutional factors on the entrepreneurial ecosystem. This necessitates a comprehensive understanding of the interrelationships among and between various factors that can impact a country's entrepreneurial ecosystem positively. The literature review identifies four institutional and three entrepreneurial ecosystem factors. The m-TISM followed by MICMAC analysis is performed for studying and analysing the mutual interaction between identified factors, and to know the driver-dependent relationships. The results identify four levels of institutional and entrepreneurial ecosystem factors, and establish the hierarchy among them. This paper proposes m-TISM based structural framework for the entrepreneurial ecosystem. It also exemplifies a phased procedure for conducting m-TISM, which could simplify the comprehension for other researchers.