Critical elements to the development of an entrepreneurship ecosystem

Abstract

Purpose: To analyze the existence of critical elements and challenges to the success of the entrepreneurial ecosystem in the state of Sergipe. Specifically, based on a theoretical framework developed by the authors, we sought to identify and examine the presence of cultural, social and material elements. Methodology/approach: Qualitative research was developed using an incorporated case study and data collection through non-participant observation, document analysis and 15 interviews with the main actors of the ecosystem. Main results: The results demonstrate the applicability of the developed framework and the presence of cultural, social and material elements as critical components to entrepreneurial ecosystems. On the other hand, in the context studied, these elements are underused and little explored by business and government forces in Sergipe. Academic contributions: This research is relevant for developing a theoretical framework for the analysis of entrepreneurial ecosystems and for identifying critical elements and challenges to these environments, contributing to the specific literature on the subject. Practical contributions: The results discuss the material, social and cultural elements, with their respective components, that foster the functioning and development of entrepreneurship ecosystems, debating solutions and offering insights and analysis for public managers and business leaders working in these ecosystems.