Balancing Institutional and Agency Dominance in Entrepreneurial Ecosystems
Balancing Institutional and Agency Dominance in Entrepreneurial Ecosystems

A Conceptual Framework and A Case Study of Macao

Summary/Abstract: A longitudinal study of entrepreneurial ecosystems (hereafter EE) and its evolvement is important. Extending organizational-based ecosystem as a relationship building phenomenon in which all stakeholders continuously negotiate power (Pfeffer, 1992), this paper proposes a new conceptual framework to study EE longitudinally through the lens of the balance of power between institutional and agency dominance. The new conceptual framework has a 2 (Institutional dominance: high, low) x 2 (Agency dominance: high, low) configuration resulting in four scenarios of EE that are labeled as inertia, top-down, bottom-up, and co-creation. To illustrate the conceptual framework, five decades of historical and political events of Macao, to include change of sovereignty, are highlighted to depict the evolution of its EE in stages that can be labeled as inertia, bottom-up, and top-down. The new conceptual framework and the case study of Macao have managerial implications for policy makers and researchers.

• Details
• Contents