@article{1f5e6ab7f27d445eba90a831620033e5,
title = "The distinctiveness and diversity of entrepreneurial ecosystems in China, Japan, and South Korea: an exploratory analysis",
abstract = "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{\textquoteright} global outreach.",
keywords = "China, Domain analysis, Entrepreneurial ecosystems, IT start-ups, Japan, South Korea",
author = "Martin Hemmert and Cross, {Adam R.} and Ying Cheng and Kim, {Jae Jin} and Florian Kohlbacher and Masahiro Kotosaka and Franz Waldenberger and Zheng, {Leven J.}",
note = "Funding Information: In all three countries, national policy programs include financial support policies for start-ups and other policies aimed at improving their business environment. Financial support policies consist of direct funding and loan support programs for start-ups and indirect funding support by the augmentation of “fund-of-funds” for venture capital investment. Other support policies include a wide variety of measures, such as education and information-sharing programs, the organization of entrepreneurship and networking-related events, support for the creation of incubators, and reforms that eliminate legal obstacles and regulatory uncertainties. Publisher Copyright: {\textcopyright} 2019, Springer Nature Limited.",
year = "2019",
month = jul,
day = "1",
doi = "10.1057/s41291-019-00070-6",
language = "English",
volume = "18",
pages = "211--247",
journal = "Asian Business and Management",
issn = "1472-4782",
publisher = "Palgrave Macmillan Ltd.",
number = "3",
}