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PBME Volume VIII ISBN: 978-81-951151-5-0

DEVELOPING ENTREPRENEURIAL ECOSYSTEMS IN EMERGING MARKETS: THE QUADRUPLE HELIX MODEL

Author(s): CHARLES ASARE ORCID iD & KWAME NTIM SEKYERE ORCID iD icon & BERNARD OFOSU BOATENG ORCID iD icon & EMELIA AMOAKO ASIEDU ORCID iD icon & WILLIAM ASAMOAH TANNOR ORCID iD icon & BEULAH HILDA WALDEN ORCID iD icon

doi: https://doi.org/10.5281/zenodo.8320814

Abstract

This book chapter explores the development of entrepreneurial ecosystems in emerging markets, with a specific focus on the Quadruple Helix Model. The Quadruple Helix Model emphasizes collaboration and interaction among four key actors: academia, government, industry, and civil society, to foster innovation and entrepreneurship. The chapter provides an overview of the concept of entrepreneurial ecosystems and their significance in driving economic growth and societal development in emerging markets. The chapter discusses the expected roles and contributions of academia, government, industry, and civil society in building and nurturing entrepreneurial ecosystems. The chapter concludes by highlighting the importance of a holistic and collaborative approach to creating vibrant entrepreneurial ecosystems that support innovation and growth and success of startups and entrepreneurs.

Keywords: entrepreneurial ecosystem, innovation, emerging markets, quadruple helix model, collaboration, economic growth

JEL Classification: M1

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