Entrepreneurial ecosystem knowledge spillover in the face of institutional voids: groups, issues, and actions
Department
Michael A. Leven School of Management, Entrepreneurship and Hospitality
Document Type
Article
Publication Date
1-1-2021
Abstract
The presence or absence of formal institutions impacts entrepreneurship potential and influences the paths of entrepreneurial ventures. When institutions are lacking or weak, institutional voids may be present. Knowledge spillover can mitigate problems caused by institutional voids by substituting for such voids or through sharing information about navigating these environments. We study the associated impacts on entrepreneurs and entrepreneurship ecosystems and how knowledge spillover is valuable within entrepreneurial ecosystems with institutional voids. Non-institutional drivers of entrepreneurship and examples of specific actions that are taken to stimulate entrepreneurship are also explored as a means of better understanding entrepreneurship activity within weak or failing institutions. To assess knowledge spillover in an entrepreneurial ecosystem with institutional voids, the U.S. city of Detroit, Michigan was selected and a content analysis was conducted using news articles related to “Detroit” and “entrepreneurship” from 2006–2018. The findings present valuable insights for cities or regions facing similar situations.
Journal Title
Knowledge Management Research and Practice
Journal ISSN
14778238
Volume
19
Issue
1
First Page
117
Last Page
126
Digital Object Identifier (DOI)
10.1080/14778238.2020.1768810