Entrepreneurial ecosystems at the regional level have been intensively studied in Western countries, but much less so in East Asia. We study five major ecosystems located in Tokyo, Seoul, Beijing, Suzhou, and Chongqing, focusing on the business conditions for information technology (IT) start-ups. Our domain analysis reveals that these entrepreneurial ecosystems differ in various important aspects from leading Western counterparts such as Silicon Valley. Furthermore, we find differences in the growth and internationalization of firms across entrepreneurial ecosystems in China, Japan, and South Korea. Public policy should focus on supporting high-potential start-ups and strengthening the ecosystems’ global outreach.
ASJC Scopus subject areas
- Business and International Management
- Sociology and Political Science
- Political Science and International Relations
- Strategy and Management