Financial resources

Physical infrastructure

Cultural heritage

Human capital

The level of government support

The number of start-ups in a region

The amount of venture capital available

The quality of entrepreneurial ecosystems

To regulate market competition

To provide guidance and direction

To control financial resources

To manage government policies

Independent growth of firms

Mutual influence among ecosystem elements

Competition between different regions

Isolation of entrepreneurial activities

Entrepreneurship that creates economic value

Entrepreneurship that fails

Entrepreneurship focused on social causes

Entrepreneurship limited to small businesses

Availability of office space

Cultural attitudes towards risk

Government subsidies

Access to markets

Government has no influence on entrepreneurship

Government can enhance aggregate welfare through entrepreneurship

Government policies hinder entrepreneurship

Government should control all entrepreneurial activities

They are irrelevant to entrepreneurship

They facilitate knowledge and resource sharing

They create competition among firms

They limit access to information

High market demand, lack of skilled labor, supportive regulatory environment, limited access to capital, and inadequate infrastructure.

Access to capital, supportive regulatory environment, availability of skilled labor, market demand, and infrastructure.

Low market demand, lack of skilled labor, supportive regulatory environment, limited access to capital, and inadequate infrastructure.

Low market demand, lack of skilled labor, restrictive regulatory environment, limited access to capital, and inadequate infrastructure.

Technology enables innovation, automation, scalability, and access to data.

Technology has no impact on the entrepreneurial ecosystem.

Technology only provides access to data but does not enable automation or scalability.

Technology hinders innovation and limits scalability.

Social culture has no impact on the success of an entrepreneurial ecosystem.

The success of an entrepreneurial ecosystem is solely determined by economic factors.

Entrepreneurial ecosystems are not influenced by social culture.

Social culture influences the attitudes, behaviors, and support within the entrepreneurial ecosystem.

low consumer demand

high taxation

lack of government support

limited access to capital

Technology advancements only benefit established companies, not startups.

Technology advancements have no impact on the startup ecosystem.

Technology advancements can hinder innovation and creativity in the startup ecosystem.

Technology advancements can impact the startup ecosystem in various ways such as providing new tools and platforms for innovation, improving efficiency and productivity, enabling global reach and scalability, and creating new business opportunities.

Isolation, lack of resources and funding, culture of conformity, indifferent attitude towards entrepreneurship

Supportive community, access to resources and funding, culture of risk-taking and innovation, positive attitude towards entrepreneurship

Competitive community, limited resources and funding, culture of stability, neutral attitude towards entrepreneurship

Lack of community support, limited access to resources and funding, risk-averse culture, negative attitude towards entrepreneurship

Economic factors are irrelevant in assessing the potential for growth and profitability.

Economic factors only determine the availability of resources.

Economic factors determine the availability of resources, market demand, and potential for growth and profitability.

Economic factors have no impact on evaluating an entrepreneurial ecosystem.

Entrepreneurial mindset is solely determined by personal traits and abilities.

Social culture can only influence the entrepreneurial mindset through financial incentives.

Social culture has no impact on the entrepreneurial mindset.

Social culture can influence the entrepreneurial mindset through attitudes, role models, and support networks.

Limited access to skilled workforce, lack of infrastructure and resources, absence of government policies, absence of research and development institutions, and a weak startup ecosystem.

High cost of living, limited access to resources, lack of government support, absence of research and development institutions, and a declining startup ecosystem.

Lack of skilled workforce, lack of infrastructure and resources, absence of government policies, absence of research and development institutions, and a stagnant startup ecosystem.

Access to a skilled workforce, availability of infrastructure and resources, supportive government policies, presence of research and development institutions, and a vibrant startup ecosystem.

Considering only one factor is sufficient for evaluating an entrepreneurial ecosystem.

Considering all three factors is important because they are interconnected and influence each other.

Economics, technology, and social culture have no impact on each other.

Evaluating an entrepreneurial ecosystem does not require considering any factors.

A set of beliefs that shape how you make sense of the world and yourself

A collection of abilities that allow people to recognize and seize opportunities, endure and learn from failure, and thrive in a range of situations

A scenario in which individuals assume that their characteristics and talents are permanents and unchangeable

To be able to learn more profit

To be able to cope with the rapidly changing environment

To be able to remain in the comfort zone

Creativity

Curiosity

Courage

Cautiousness

When I’m frustrated, I give up.

My natural abilities determine my success

I can learn anything I want to

I don’t like to be challenged

French

England

Spanish

English

Harvesting

Resourcing

Promotion

Idea generation