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Time-to-unicorn and digital entrepreneurial ecosystems

dc.contributor.authorVenâncio, Ana
dc.contributor.authorPicoto, Winnie
dc.contributor.authorPinto, Inês
dc.date.accessioned2024-05-27T10:42:12Z
dc.date.available2024-05-27T10:42:12Z
dc.date.issued2023
dc.description.abstractThis study examines the influence of a digital entrepreneurial ecosystem in setting the pace of how fast a start-up becomes a unicorn (time-to-unicorn). We apply a fuzzy-set qualitative comparative analysis approach (fsQCA) in which we use factors such as supply and demand conditions, innovation and change, institutional environment, and digital trust to determine the configurations that lead to unicorn success, measured by time-to-unicorn. We draw on data on unicorns from CB Insights and use the digital evolution and digital trust scores from the Digital Intelligence Index to analyze 766 unicorns from 39 countries that achieved this status between 2014 and 2021. The results show that several combinations of conditions increase the average national speed that a start-up takes to become a unicorn. Institutions, resources, and infrastructures have a stronger effect on unicorn success than digital trust. These findings contribute to the ongoing debate on the role of digitalization and institutions in the performance of digital entrepreneurial ecosystems.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationVenâncio, Ana; Winnie Picoto and Inês Pinto .(2023). “Time-to-unicorn and digital entrepreneurial ecosystems”, Technological Forecasting and Social Change, Volume 190: 122425 .(search PDF in 2024).pt_PT
dc.identifier.doidoi.org/10.1016/j.techfore.2023.122425pt_PT
dc.identifier.issn0040-162
dc.identifier.urihttp://hdl.handle.net/10400.5/31094
dc.language.isoengpt_PT
dc.publisherElsevierpt_PT
dc.subjectEntrepreneurshippt_PT
dc.subjectEcosystempt_PT
dc.subjectUnicornspt_PT
dc.subjectDigitalizationpt_PT
dc.subjectTime-To-Unicornpt_PT
dc.subjectInstitutional Theorypt_PT
dc.subjectfsQCApt_PT
dc.titleTime-to-unicorn and digital entrepreneurial ecosystemspt_PT
dc.typejournal article
dspace.entity.typePublication
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT

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