entrepreneurial ecosystem
A set of conditions and support functions that help entrepreneurs start, sustain, and grow their businesses. Elements contributing to a healthy ecosystem include a community supportive of entrepreneurs, opportunities for education and training, access to financial capital, a skilled workforce, policies and regulations that are responsive to the needs of entrepreneurs, a vibrant culture that supports entrepreneurship, and the physical environment and character of a place; a network of human an institutional anchors that support fund, and promote new business in a community. (Davis, 2025)
