Strategic priorities and competitiveness of businesses operating in different entrepreneurial ecosystems: a benefit of the doubt (BOD) analysis
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This study evaluates the relationship between the entrepreneurial ecosystem and business competitiveness. The study uses a sample of 348 manufacturing and knowledge-intensive business service firms operating in four countries with different entrepreneurial ecosystem (France, Spain, Costa Rica, and Hungary) for 2019. Firm competitiveness is computed via the ‘benefit-of-the-doubt’ (BOD) method, and a multilevel model is employed to assess the connection between the entrepreneurial ecosystem and firm competitiveness. The results of the multilevel model indicate that the entrepreneurial ecosystem is related to firm competitiveness, while the BOD results suggest that firms operating in settings with a more consolidated entrepreneurial ecosystem are better able to realize the outcomes of strategic choices linked to the exploitation of key resources and capabilities. Country-specific results suggest that ‘human capital’ is the most relevant competitive pillar prioritized by all sampled businesses. The proposed analysis contributes to the development of the entrepreneurial ecosystem frame by offering insights on how the properties of the entrepreneurial ecosystem (i.e., interactions among individuals, organizations and institutions) can produce economically meaningful effects on business performance.
CitationLafuente, E. [et al.]. Strategic priorities and competitiveness of businesses operating in different entrepreneurial ecosystems: a benefit of the doubt (BOD) analysis. "International journal of entrepreneurial behaviour and research", 5 Maig 2021,