Entrepreneurial Ecosystems: Nurturing Start-up Growth and Success

Abstract

Entrepreneurial ecosystems have become a central theme in understanding regional eco-nomic development. This research investigates the key components that contribute to the success of these ecosystems and their impact on startup growth. Employing a multi-methodological approach that combines qualitative interviews, surveys with startups, and case studies, the research explores the interplay between human capital, mentorship, financial infrastructure, and other factors within the ecosystem. The findings highlight the importance of a skilled workforce, access to experienced mentors, and a diverse range of funding sources for nurturing startup growth. The research also emphasizes the potential of emerging technologies like Artificial Intelligence (AI) and Big Data to further empower startups within these ecosystems. Overall, the research underscores the crucial role of entrepreneurial ecosystems in fostering innovation and economic prosperity.