ENTREPRENEURIAL ECO-SYSTEMS AND SOCIAL ENTREPRENEURSHIP AS AN AGENT OF REGIONAL DEVELOPMENT: CASE OF LATVIA

  • Polovko, S.
  • Grinberga-Zalite, G.
  • Korsaka, T.
  • Prizevoite, I.
  • Awan, Q. Ali
Abstract:
The concept of entrepreneurial ecosystems (EEs) has emerged in recent years as a framework to understand the nature of places in which entrepreneurial activity flourishes. Spigel (2017) defines entrepreneurial ecosystems as follows: ‘combinations of social, political, economic, and cultural elements within a region that support the development and growth of innovative start-ups and encourage nascent entrepreneurs and other actors to take the risks of starting, funding, and otherwise assisting high-risk ventures. In this regard, the areas that this paper wishes to address are; the degree to which existing entrepreneurial ecosystem in Latvia is prosocial; the role of existing dominant actors in the existing entrepreneurial eco-system in Latvia towards enabling pro-social entrepreneurship ventures; and the challenges that the existing NGOs and social enterprises are facing in their interaction with the larger eco-system. In this conceptual paper, theory and qualitative methods of data analysis, i-e interviews have been conducted to elaborate the findings. Scholars, entrepreneurs and public policy makers whom examine regional or national entrepreneurial ecosystems will have an insight towards the institution of a pro-social eco-system culture towards increased entrepreneurial activity with subsequent poverty alleviation, job creation and a larger regional development.
SGEM Research areas:
Year:
2020
Type of Publication:
In Proceedings
Keywords:
Social entrepreneurship; entrepreneurial eco-system; prosocial entrepreneurial culture
Volume:
7
SGEM Book title:
7th SWS International Scientific Conference on Social Sciences ISCSS 2020
Book number:
1
SGEM Series:
SWS International Scientific Conferences on SOCIAL SCIENCES - ISCSS
Pages:
209-216
Publisher address:
51 Al. Malinov blvd, Sofia, 1712, Bulgaria
SGEM supporters:
SWS Scholarly Society; Acad Sci Czech Republ; Latvian Acad Sci; Polish Acad Sci; Russian Acad Sci; Serbian Acad Sci & Arts; Natl Acad Sci Ukraine; Natl Acad Sci Armenia; Sci Council Japan; European Acad Sci, Arts & Letters; Acad Fine Arts Zagreb Croatia; C
Period:
25-27 August, 2020
ISBN:
978-619-7603-02-6
ISSN:
2682-9959
Conference:
7th SWS International Scientific Conference on Social Sciences ISCSS 2020, 25-27 August, 2020
DOI:
10.5593/sws.iscss.2020.7.1/s04.25
Digital version
Hits: 762