Shoals Shift Project: an ecosystem transformation success story

Shoals Shift Project: an ecosystem transformation success story PurposeThe purpose of this paper is to apply a reflective theory of development for entrepreneurial ecosystems in the Muscle Shoals region of northern Alabama. The theory provides guidance for practitioners and policymakers interested in developing entrepreneurial ecosystems.Design/methodology/approachThe theory offers five propositions, which are illustrated and applied in the case study. The propositions include the need for civic leaders recognizing local talent; support networks for entrepreneurs; a quality, connected place; activities designed to increase interactivity for entrepreneurs within the ecosystem; five distinct phases producing replicable, scalable and sustainable projects; and universities providing platforms upon which the ecosystems can develop.FindingsApplication of the proposed theory is transforming the entrepreneurial ecosystem in the Muscle Shoals region. In just four years, the project has produced over 30 initiatives and events, precipitously increased student participation in entrepreneurial ventures and raised over $1m.Originality/valueThe theory and its application developed from a collaboration between the Agile Strategy Lab at Purdue University and the Institute for Innovation and Economic Development at the University of North Alabama. This collaboration is replicable, scalable and sustainable, and is a model for university-led entrepreneurial ecosystem development and transformation. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Enterpreneurship and Public Policy Emerald Publishing

Shoals Shift Project: an ecosystem transformation success story

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
2045-2101
D.O.I.
10.1108/JEPP-04-2019-0033
Publisher site
See Article on Publisher Site

Abstract

PurposeThe purpose of this paper is to apply a reflective theory of development for entrepreneurial ecosystems in the Muscle Shoals region of northern Alabama. The theory provides guidance for practitioners and policymakers interested in developing entrepreneurial ecosystems.Design/methodology/approachThe theory offers five propositions, which are illustrated and applied in the case study. The propositions include the need for civic leaders recognizing local talent; support networks for entrepreneurs; a quality, connected place; activities designed to increase interactivity for entrepreneurs within the ecosystem; five distinct phases producing replicable, scalable and sustainable projects; and universities providing platforms upon which the ecosystems can develop.FindingsApplication of the proposed theory is transforming the entrepreneurial ecosystem in the Muscle Shoals region. In just four years, the project has produced over 30 initiatives and events, precipitously increased student participation in entrepreneurial ventures and raised over $1m.Originality/valueThe theory and its application developed from a collaboration between the Agile Strategy Lab at Purdue University and the Institute for Innovation and Economic Development at the University of North Alabama. This collaboration is replicable, scalable and sustainable, and is a model for university-led entrepreneurial ecosystem development and transformation.

Journal

Journal of Enterpreneurship and Public PolicyEmerald Publishing

Published: Sep 2, 2019

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