Lengthy story quick, the extra a system is open and various the extra it may well foster innovation. This is without doubt one of the most important findings of a brand new research revealed by Small Enterprise Economics.
Specializing in 81 UK college entrepreneurial ecosystems, authors Daniel Prokop & Piers Thompson investigated whether or not the community character of actors in entrepreneurial ecosystems is related to start-up charges.
They discover that college entrepreneurial ecosystems that generate extra ventures are related to having a presence of actors of unfamiliar character.
In different phrases, the extra open a community is and the upper the variety of corporations generated out of it.
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