Author(s)

Jixun Liu¹, Zhaoxing Wang^2*

Affiliation(s)

¹ School of Management, Zhejiang Shuren University, Hangzhou 310015, China;

² School of Public & Management, Tsinghua University, Beijing, China, 100084.

Corresponding Author

Zhaoxing Wang

ABSTRACT

Experience from several advanced economies shows that active government involvement is important for developing entrepreneurial ecosystem and start-up companies. Should Chinese government also participate in entrepreneurial ecosystem development? Much governance policies and measures by Chinese government has been undertaken to support innovation and entrepreneurship, but do these things bring benefits at home? Rooted in the empirical approach, this study offers a case analysis of governance and ecosystems based on a selection of Hangzhou Dream Town, and find local government plays a vital role in the development of local entrepreneurial ecosystem. Furthermore, this study also identifies governance mechanisms – Government-led and market-based that moderate the development of local entrepreneurial ecosystem.

KEYWORDS

Entrepreneurial Ecosystem; Start-Up Companies; Government Governance; Dream Town

CITE THIS PAPER

Jixun Liu, Zhaoxing Wang. Dynamic evolution of government governance in the entrepreneurial ecosystem: a growth perspective for start-up companies. Eurasia Journal of Science and Technology. 2023, 5(2): 1-11. DOI: 10.61784/ejst231208.

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