5. Global Entrepreneurship Sustainability Through Evolving Ecosystems

Global entrepreneurship sustainability focuses on meeting not only the needs of the present stakeholders in innovation and entrepreneurship but also those of future generations. Based on the objective of entrepreneurship that is inspired by the ultimate purpose of the development of human society together with the roles of incubator in addressing challenges encountered by entrepreneurs, this chapter sets forth the driving force of ecosystem evolution and its objectives in entrepreneurship as well as the characteristics of an evolving ecosystem contributing to global entrepreneurship sustainability. It encourages an incubator/accelerator to frame decisions in terms of technology transfer, industrial development as well as economic and social impact for the long term, rather than on short-term profits as practiced by neoBay in Shanghai-China, which not only serves as the local ecosystem for innovation and entrepreneurship as the application layer with zero distance to university to activate regional vitality but also co-works with its international partners on the ecosystem for global collaboration and resourcing through three phases—Bilateral Modality (Internationalization 1.0), Multiple Modality (Internationalization 2.0) and Inter-Ecosystem Modality (Internationalization 3.0), which starts to boost collaboration between Asia and Europe in terms of innovation and entrepreneurship.