Summary of Measuring an Entrepreneurial Ecosystem

Kauffman Foundation,

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Measuring an Entrepreneurial Ecosystem summary
Thoughts on how to assess the climate for entrepreneurship and innovation.

Rating

7 Overall

8 Applicability

7 Innovation

7 Style

Recommendation

The Kauffman Foundation is a nonprofit organization that advances entrepreneurship. In this paper, Kauffman researchers Dane Stangler and Jordan Bell-Masterson discuss four factors that will help assess whether a region or community is entrepreneur-friendly. Their handy overview explains why these factors are crucial, suggests ways to measure them and lists sources where you can obtain the relevant data. Although their analysis  focuses only on assessing – not promoting – these factors, getAbstract recommends it to entrepreneurs, investors and policy makers.

 

In this summary, you will learn

  • What factors indicate a dynamic entrepreneurial community, and
  • How to identify and track these factors
 

Summary

As “entrepreneurial ecosystems” develop globally, policy makers, entrepreneurs and investors seek ways of assessing their quality and predicting their growth. Measuring a community’s entrepreneurial “vibrancy,” can lead to better planning, development and investing. Look at concrete outcomes, and monitor four main criteria:

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About the Authors

Dane Stangler is vice president of research and policy at the Kauffman Foundation. Jordan Bell-Masterson, a former analyst at the Kauffmann Foundation, is now an MBA candidate at the University of Chicago.


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