This study analyzes how the entrepreneurial ecosystem and different types of entrepreneurship impact regional performance. By analyzing 121 European Union regions between 2012 and 2014, it is found ...that quantity (Kirznerian) entrepreneurship negatively impacts regional performance, while this effect turns positive in the case of quality (Schumpeterian) entrepreneurship. Also, regions with a healthy entrepreneurial ecosystem have a greater capacity to materialize the effects of high business-formation rates, regardless of their quality (Kirznerian entrepreneurship), while regions with weak entrepreneurial ecosystem may rely on innovative (Schumpeterian) entrepreneurs to compensate for the absence of entrepreneurship support policies and increase their economic outcomes.
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BFBNIB, IZUM, KILJ, NUK, PILJ, SAZU, UL, UM, UPUK
Digital technologies are also affecting the supply and demand of the sector. Apparently, more firms are keen in optimizing the methods of utilizing their assets to foster productivity. Thus, digital ...technologies are seen as ideal mechanisms for changing the patterns of energy consumption, optimizing asset, fostering cross-industry partnerships, and fostering a greater use of industrial platforms. Adapting open inventions, paradigm accepts that organizations have to utilize the internal ideas and as well as the external ideas and further the internal paths and external paths to market established companies are building up structural programs to harness the power of entrepreneurial.
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