Special Issue "Fostering of Entrepreneurial Ecosystems in the Era of the Fourth Industrial Revolution"

A special issue of Administrative Sciences (ISSN 2076-3387). This special issue belongs to the section "Entrepreneurship".

Deadline for manuscript submissions: 30 November 2020.

Special Issue Editor

Prof. Dr. Maria Urbaniec
Website SciProfiles
Guest Editor
Cracow University of Economics, 31-510 Kraków, Poland
Interests: sustainable entrepreneurship; social entrepreneurship; green entreprenurship; innovation; sustainability
Special Issues and Collections in MDPI journals

Special Issue Information

Dear Colleagues,

This Special Issue focuses on the effective development of entrepreneurial ecosystems in light of the 4th industrial revolution by focusing on institutional, financial, and technological innovation. The entrepreneurial ecosystem perspective recognises that companies make a significant contribution to economic growth and need to be actively fostered in order to generate further entrepreneurship opportunities. The key aim of entrepreneurial ecosystems is to diagnose and promote entrepreneurial activity around the world. Entrepreneurial ecosystems are composed of various factors and interdependent actors, organisations and institutions (e.g., companies, venture capitalists, business angels and banks, universities, public sector agencies and financial bodies). Many entrepreneurial actors and institutions connect, mediate and manage the performance of the entrepreneurial environment to support not only enterprises but also other organisations in terms of entrepreneurial ecosystem conditions. Given the entrepreneurial conditions, a wide array of factors can be analysed. For instance, the entrepreneurial framework conditions developed by the Global Entrepreneurship Monitor (GEM) consist of nine dimensions. Commonly, entrepreneurs involved in entrepreneurial activities require support from their environment in terms of financing, export advice, innovation development, etc.

This Special Issue focuses on the set of different elements (regulatory, economic, cultural, technology, etc.) that can constitute an optimal socioeconomic environment for innovative organisations if they are appropriately affiliated and supported. Considering the challenges faced by enterprises and other organisations, effective approaches from international, regional or local stakeholders are required. Moreover, there is a need for more research on this subject to better understand the relevance of the entrepreneurship ecosystem (and entrepreneurial activity) in the context of the 4th industrial revolution. This industrial revolution is contributing to advance the interdisciplinary research of policy relevance and business practice.

The key goal of this Special Issue is to present scientific achievements and evaluate the current state of research development on the role of institutional, financial and technological innovation in the fostering of entrepreneurial ecosystems. Therefore, there is a need for in-depth scientific reflection regarding the methods and instruments for economic development in theoretical and practical terms. Suitable topics that could be addressed include, but are not limited to, the following:

International and financial environment

  • International economic competitiveness;
  • International entrepreneurship;
  • Internationalisation of entrepreneurial ecosystems;
  • Internationalisation of SMEs;
  • International finance and financial markets;
  • Financing of new ventures;
  • Entrepreneurial finance;
  • Entrepreneurial financing for start-ups;
  • Financial technologies (fintech) in the development of economy.

Institutional and socioeconomic environment

  • Entrepreneurship and socioeconomic development;
  • Entrepreneurial ecosystems across countries and sectors;
  • Entrepreneurial environment and business competitiveness;
  • Government policy on entrepreneurship;
  • Entrepreneurial cooperation and networking;
  • Institutions supporting entrepreneurial ecosystems;
  • Entrepreneurial framework conditions (e.g., based on the Global Entrepreneurship Monitor);
  • Entrepreneurial ecosystems and stimulation of innovation;
  • Entrepreneurship and sustainability;
  • Business model innovation;
  • University-based entrepreneurial ecosystems;
  • Entrepreneurship and labour market challenges;
  • Promotion of sustainable job growth and industrial development;
  • Entrepreneurship education.

Technological innovation environment

  • Entrepreneurial ecosystems in the age of the digital revolution;
  • Digital entrepreneurship;
  • Digital business models;
  • Technology transfer;
  • SMEs and technology innovation;
  • Financial technologies (fintech) in business development;
  • Technology innovations and the labour market;
  • Innovations in economic and entrepreneurial education in the age of digitization.

The papers selected for this Special Issue can highlight the links among institutional, financial and technological environmental issues. However, subject coverage will not be restricted to these issues and the introduction of new dimensions is encouraged. Papers adopting both theoretical and empirical contributions rooted in different fields are particularly welcome. Research methodologies may include qualitative, quantitative and mixed-method approaches.

Prof. Dr. Maria Urbaniec
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All papers will be peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Administrative Sciences is an international peer-reviewed open access quarterly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1000 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.


  • Entrepreneurial ecosystems
  • Internationalisation
  • Entrepreneurial finance
  • Entrepreneurial actors
  • Technological innovation
  • Digital entrepreneurship

Published Papers

This special issue is now open for submission.
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