Scandinavian Working Papers in Economics

Papers in Innovation Studies,
Lund University, CIRCLE - Centre for Innovation Research

No 2021/10: Comparative Analysis of Five Entrepreneurial Ecosystems in Life Sciences

Janna Alvedalen () and Bo Carlsson ()
Additional contact information
Janna Alvedalen: CIRCLE, Lund University, Postal: CIRCLE - Centre for Innovation Research, Lund University, PO Box 117, SE-22100 Lund, Sweden
Bo Carlsson: Case Western Reserve University, Postal: USA

Abstract: Entrepreneurial ecosystem (EE) is a popular concept in entrepreneurship studies that describes all actors and the interaction between actors in a specific geographical area. While studies have focused on a single case, this paper explores and compares the nature of five EEs in Life Sciences in Sweden and the US, based on own data collection in all five areas. The paper outlines commonalities and differences between how EEs operate and function in different territorial contexts. It also explores how national and local factors influence the rate and nature of entrepreneurship at the regional level. The paper shows how important it is to take a territorial perspective on EE, because EEs look different in distinct geographical and institutional contexts.

Keywords: Entrepreneurial Ecosystem; Life Sciences; Sweden; US

JEL-codes: L26; M21; O33

34 pages, August 20, 2021

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