Morrison, Edward and Barrett, John D. and Fadden, Janyce B.,(2019), Shoals Shift Project: an ecosystem transformation success story. , Journal of Entrepreneurship and Public Policy, UNSPECIFIED
Text
Restricted to Repository staff only
Download (403kB) | Request a copy
Restricted to Repository staff only
Download (403kB) | Request a copy
Abstract
Purpose – The purpose of this paper is to apply a reflective theory of development for entrepreneurial
ecosystems in the Muscle Shoals region of northern Alabama. The theory provides guidance for practitioners
and policymakers interested in developing entrepreneurial ecosystems.
Design/methodology/approach – The theory offers five propositions, which are illustrated and applied in
the case study. The propositions include the need for civic leaders recognizing local talent; support networks
for entrepreneurs; a quality, connected place; activities designed to increase interactivity for entrepreneurs
within the ecosystem; five distinct phases producing replicable, scalable and sustainable projects; and
universities providing platforms upon which the ecosystems can develop.
Findings – Application of the proposed theory is transforming the entrepreneurial ecosystem in the Muscle
Shoals region. In just four years, the project has produced over 30 initiatives and events, precipitously
increased student participation in entrepreneurial ventures and raised over $1m.
Originality/value – The theory and its application developed from a collaboration between the Agile
Strategy Lab at Purdue University and the Institute for Innovation and Economic Development at the
University of North Alabama. This collaboration is replicable, scalable and sustainable, and is a model for
university-led entrepreneurial ecosystem development and transformation.
Keywords : | Collaboration, Entrepreneurial ecosystem, Economic development, Reflective theory, Reflexive practitioner, Strategic doing, UNSPECIFIED |
---|---|
Journal or Publication Title: | Journal of Entrepreneurship and Public Policy |
Volume: | 8 |
Number: | 3 |
Item Type: | Article |
Subjects: | Ekonomi Pembangunan |
Depositing User: | Mohamad Sulamul Hadi |
Date Deposited: | 27 Dec 2019 10:27 |
Last Modified: | 27 Dec 2019 10:27 |
URI: | https://repofeb.undip.ac.id/id/eprint/1117 |