An ecosystem refers to a complex, interconnected community of living organisms (plants, animals, microorganisms) and their physical environment (which includes soil, water, air, and climate) within a specific geographical area.
Published in Chapter:
Strategies for Developing Entrepreneurial Start-Up Scalability and Sustainability
Copyright: © 2024
|Pages: 21
DOI: 10.4018/979-8-3693-2077-8.ch011
Abstract
Entrepreneurship is a system of economic players, government, and other mediators who take initiatives to start new businesses, ventures, and start-ups to produce goods and services to meet the need of society in several ways. Entrepreneurship ecosystem (EE) is a system that nurture a proper path for businessmen to start new business and promote entrepreneurial activities. This chapter proposes strategies to develop entrepreneurial ecosystems for achieving startup scalability and sustainability using systematic literature review. The implications of this research will add value to the budding startup owners, government, academicians, researchers, and entrepreneurs. The outcome of this research will enable all stakeholders to understand strategies to manage the resources of startups in an optimal manner for scalability and sustainability.