Entrepreneurial ecosystems quality and productive entrepreneurship: entrepreneurial attitude as a mediator in early-stage and high-growth activities

Abstract

PurposeThis study examines the mediation effects of entrepreneurial attitudes (EAs) on the nexus of the entrepreneurial ecosystem (EE) quality and productive entrepreneurship for early-stage and high-growth entrepreneurial activities.Design/methodology/approachThe study employs global entrepreneurship monitor (GEM) panel data of 137 economies from 2014 to 2018. Random effect panel regressions and relative effect size estimations were used for data analysis.FindingsThe study’s findings show complementary mediation effects suggesting that EE quality steers entrepreneurial activities via the EA. However, such mediation is much more vivid towards high growth than early-stage activities. Vibrant EEs provide necessary resources that boost the attitude of potential and nascent entrepreneurs to engage in early stage and high-growth entrepreneurial activities.Research limitations/implicationsThe study utilizes GEM data to explain the EEs and EA dynamics and their related effects on entrepreneurship at the macro level. Future research may study the phenomena by using micro level data.Originality/valueThe paper explores a less empirically researched question on how EEs steer entrepreneurship growth and development. It reveals a need for new perspectives/logics (e.g. mediation/moderation) for improving the explanations on the extant EEs framework. It further informs policymakers and practitioners to design entrepreneur-centred EE policies and programs.