Subject. The article addresses entrepreneurial ecosystems of regions, structural components of the institutional environment as determinants of the entrepreneurial activity growth. Objectives. The focus is the formation of a forecast model of entrepreneurial activity in regions, considering the factors of institutional environment of the ecosystem. Methods. The research rests on structural and comparative analysis, prediction by regression analysis of machine learning. We formed empirical database describing the factors of the institutional environment of regional entrepreneurship in 85 regions of Russia for 2018–2023. Results. The paper analyzes entrepreneurial activity in regions and identified ones with more or less active growth in the number of registered enterprises. We created five regression models enabling, based on spatial distribution, to predict the growth of entrepreneurial activity in Russian regions, in view of the impact of institutional environment factors. Conclusions. Special economic zones, clusters, formal and informal institutions, acceleration programs and business incubators, and high educational potential in the technical field have a beneficial effect on the growth of entrepreneurial activity. Institutional support during the pre-pandemic period had a decisive impact. In the post-pandemic period, the importance of accelerators and incubators increased for the growth of the number of enterprises in the region.
Keywords: startup, business accelerator, business support institution, entrepreneurial ecosystem, entrepreneurship
References:
Pushpananthan G., Elmquist M. Joining forces to create value: The emergence of an innovation ecosystem. Technovation, 2022, vol. 115, no. 102453. URL: Link
Sendra-Pons P., Comeig I., Mas-Tur A. Institutional factors affecting entrepreneurship: A QCA analysis. European Research on Management and Business Economics, 2022, vol. 28, iss. 3, no. 100187. URL: Link
Lafuente E., Ács Z. J., Szerb L. A composite indicator analysis for optimizing entrepreneurial ecosystems. Research Policy, 2022, vol. 51, iss. 9, no. 104379. URL: Link
Malikov R.I., Grishin K.E., Shaikhutdinova G.F. [Shaping the performance management of regional business ecosystems]. Vestnik UGNTU. Nauka, obrazovanie, ekonomika. Seriya: Ekonomika = Bulletin USPTU. Science, Education, Economy. Series Economy, 2022, no. 1, pp. 53–60. (In Russ.) URL: Link
Singh S., Sinha S., Das V.M., Sharma A. A framework for linking entrepreneurial ecosystem with institutional factors: A modified total interpretive structural modelling approach. Journal for Global Business Advancement, 2019, vol. 12, iss. 3, pp. 382–404. URL: Link
Chowdhury F., Audretsch D.B., Belitski M. Institutions and entrepreneurship quality. Entrepreneurship Theory and Practice, 2019, vol. 43, iss. 1, pp. 51–81. URL: Link
Leendertse J., Schrijvers M., Stam E. Measure Twice, Cut Once: Entrepreneurial Ecosystem Metrics. Research Policy, 2022, vol. 51, iss. 9, no. 104336. URL: Link
Li-Ying J., Sofka W., Tuertscher Ph. Managing innovation ecosystems around Big Science Organizations. Technovation, 2022, vol. 116, no. 102523. URL: Link
Chernova O.A., Matveeva L.G., Gorelova G.V. [An ecosystem approach to managing innovative development in industry]. Journal of New Economy, 2021, vol. 22, no. 2, pp. 44–65. URL: Link (In Russ.)
Granstrand O., Holgersson M. Innovation ecosystems: A conceptual review and a new definition. Technovation, 2020, vol. 90–91, no. 102098. URL: Link
Kapturkiewicz A. Varieties of Entrepreneurial Ecosystems: A comparative study of Tokyo and Bangalore. Research Policy, 2022, vol. 51, iss. 9, no. 104377. URL: Link
Chambers D., Munemo J. Regulations, institutional quality and entrepreneurship. Journal of Regulatory Economics, 2019, vol. 55, pp. 46–66. URL: Link
Kleiner G.B. [Ecosystem economy: Step into the future]. Ekonomicheskoe vozrozhdenie Rossii = Economic Revival of Russia, 2019, no. 1, pp. 40–45. URL: Link (In Russ.)
Tret'yakova E.A., Freiman E.N. [Ecosystem approach in modern economic research]. Voprosy upravleniya = Management Issues, 2022, no. 1, pp. 6–20. (In Russ.) URL: Link
Akberdina V.V., Vasilenko E.V. [Innovation Ecosystem: Review of the Research Field]. Zhurnal ekonomicheskoi teorii = Russian Journal of Economic Theory, 2021, vol. 18, no. 3, pp. 462–473. (In Russ.) URL: Link
Gianluca E., Margherita A., Passiante G. Digital entrepreneurship ecosystem: How digital technologies and collective intelligence are reshaping the entrepreneurial process. Technological Forecasting and Social Change, 2020, vol. 150, no. 119791. URL: Link
Sataev P.A., Soloveichik K.A. [Startups in economics: Definition, essence and characteristics]. π-Economy, 2021, vol. 14, iss. 5, pp. 92–110. (In Russ.) URL: Link
Kohtamäki M., Parida V., Oghazi P. et al. Digital servitization business models in ecosystems: A theory of the firm. Journal of Business Research, 2019, vol. 104, pp. 380–392. URL: Link
Korchagina I.V., Sycheva-Peredero O.V. [The effectiveness of an innovation ecosystem formation as territory strategic development element]. Upravlenie =Management, 2019, vol. 7, no. 4, pp. 44–53. (In Russ.) URL: Link
Makarov S., Ugnich E. [Business-catalysts as drivers of regional innovation systems]. Forsait = Foresight and STI Governance, 2015, no. 1, pp. 56–67. URL: Link (In Russ.)
Veprinskii D.V. [Accelerators and business incubators as mechanisms for implementing the "open innovation" model]. Vestnik Universiteta imeni O.E. Kutafina (MGYuA) =Courier of Kutafin Moscow State Law University (MSAL), 2022, no. 12, pp. 194–204. (In Russ.) URL: Link
Sukhareva E.G. [Elements of a Business Accelerator: Practical Analysis of Russian Legal Reality]. Pravo. Zhurnal Vysshei shkoly ekonomiki = Law Journal of the Higher School of Economics, 2023, no. 3, pp. 104–127. (In Russ.) URL: Link