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5. Global Entrepreneurship Sustainability Through Evolving Ecosystems

  • 2022
  • OriginalPaper
  • Chapter
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Abstract

This chapter delves into the purpose and significance of entrepreneurship in societal development and sustainability. It begins by examining the relationship between individual and social development, emphasizing the need for human-oriented approaches to remove barriers and promote self-sufficiency. The text explores the historical context of societal development, highlighting the impact of revolutions such as the Cognitive, Agricultural, and Intelligence Revolutions on human society. It argues that the ultimate purpose of societal development is collaboration, not only among humans but also between humans and machines. The chapter also discusses the role of entrepreneurship as a means of establishing new systems to collaborate with society, creating value, and promoting sustainable development. Additionally, it examines the functions and typology of incubators in addressing challenges faced by entrepreneurs and the characteristics of evolving ecosystems required for global entrepreneurship sustainability. The case study of neoBay illustrates how international ecosystems can evolve to improve resourcing and matchmaking, supporting global entrepreneurship sustainability. Throughout the chapter, the author emphasizes the importance of flexibility, problem-solving, self-organization, synchronization, and effective response to customer demands in creating sustainable ecosystems.

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Title
Global Entrepreneurship Sustainability Through Evolving Ecosystems
Authors
Zhigang Zhang
Yang Xu
Copyright Year
2022
Publisher
Springer Nature Singapore
DOI
https://doi.org/10.1007/978-981-19-2053-0_5
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