A Systems View Across Time and Space
Table 9 Synthesis of a future research agenda
Cluster | Avenues for further work |
|---|---|
Entrepreneurial ecosystems | Future studies are recommended to:  Explore how entrepreneurial ecosystem components (e.g., entrepreneurs, investors, and policymakers) respond to external shocks and crises  Examine how interactions between entrepreneurial ecosystem components could affect entrepreneurial resilience and self-efficacy  Empirically assess how networks, intermediaries, and other institutional structures facilitate ecosystem components’ contacts and motivate entrepreneurial endeavors among different contexts  Examine how stakeholders in the ecosystem negotiate cross-border disparities in institutional, cultural, and regulatory frameworks and how those differences affect the outcomes of their entrepreneurial activities  Develop a framework for evaluating entrepreneurial ecosystems and determining the crucial indicators to gauge the efficiency of various ecosystem components  Investigate how ecosystem stakeholders might improve the diversity and inclusivity of entrepreneurs’ environments from various backgrounds and how this impacts the outcomes of entrepreneurial activities |
Digital technologies and innovation | Future studies are recommended to:  Investigate how disruptive technologies affect innovation and entrepreneurial activities  Explore how businesses (entrepreneurs) could adapt to disruptive technologies to maintain a competitive advantage  Understand the ethical and societal ramifications of digital technology, along with the ways in which businesses could establish responsible innovation strategies that consider such concerns  Empirically examine the dynamics and structure of digital ecosystems and how these ecosystems would promote innovation and provide new value  Test how digital technologies affect education and learning and how organizations could use them to drive innovation and skill development  Assess how businesses develop and employ effective digital transformation strategies and demonstrate how such strategies can boost creativity and productivity  Analyze platform economies dynamics and the ways in which they might foster innovation and open novel economic opportunities |
Entrepreneurial knowledge and opportunities | Future studies are recommended to:  Investigate the impact of regional and sectoral disparities on the likelihood of entrepreneurial success  Examine the various knowledge domains that entrepreneurs must possess to succeed  Analyze the dynamics and organizational structure of entrepreneurial networks and the ways in which entrepreneurs could use these networks to increase their chances of success  Examine how entrepreneurial cognition influences behavior and how business owners can develop a mentality supporting innovation and expansion, especially in developing countries (e.g., Africa)  Explore the cognitive and behavioral processes involved in identifying opportunities and how business owners can enhance their capacity to seize possibilities  Empirically examine the effects of innovations and AIs on various types of entrepreneurial knowledge and opportunities  Explore how businesspeople might benefit from the current trends to produce new value |
Digital entrepreneurship | Future studies are recommended to:  Understand the impact of digital marketing and branding on digital entrepreneurship (or digital social entrepreneurship)  Empirically examine the link between digital innovation and digital entrepreneurship in different regions  Investigate the traits of effective digital business models and the development of new value by entrepreneurs using these models  Analyze the ways in which digital ecosystems might promote the expansion of digital entrepreneurship  Analyze how digital platforms affect entrepreneurship within different sectors  Systematically review digital entrepreneurship research |