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Co-evolution of virtual entrepreneurial ecosystems and social ventures: the case of #EUvsVirus tackling the COVID-19 pandemic- 1 June 2022

Assistant Professor Man Yang from Hanken School of Economics presented a paper on how virtual entrepreneurial ecosystems and entrepreneurial ventures coevolve in tackling grand challenges such as the global pandemic.

Paper title & abstract:

Co-Evolution of Virtual Entrepreneurial Ecosystems and Social Ventures: The Case of #EUvsVirus Tackling the COVID-19 Pandemic

To tackle grand challenges, recent studies highlight the need to consider the parallel evolution of actor groups and relevant social systems. The fast-growing entrepreneurial ecosystem literature postulates that developing mutually beneficial, dynamic relationships collectively supports each actor individually but also jointly in developing entrepreneurial solutions to grand societal challenges. However, studies so far assume that entrepreneurial ecosystem actors are located within geographically defined contexts, regardless of the global dimension of the challenge. Developing the concept of virtual entrepreneurial ecosystem, we ask: How do a virtual entrepreneurial ecosystem and entrepreneurial ventures coevolve in tackling grand challenges? We conducted an explorative case study on #EUvsVirus, a virtual entrepreneurial ecosystem emerging in response to the COVID-19 outbreak. Our multi-method and longitudinal analysis of interviews, ethnographic insights, observation, and projects’ work documents and artifacts reveal changing network relations among ecosystem actors in the co-evolution of 10 social venture projects and the virtual entrepreneurial ecosystem.

About Man Yang:

Dr. Man Yang is an Assistant Professor (tenure track) in Management and Organisation at Hanken School of Economics in Finland. She is currently working on her postdoctoral project "Sustainable Entrepreneurship and Entrepreneurial Ecosystems" funded by the Academy of Finland (2020-2023). Man’s research interests include sustainable entrepreneurship, international entrepreneurship, entrepreneurial ecosystem, and entrepreneurial marketing. She has published academic articles in leading journals such as Strategic Entrepreneurship Journal, International Business Review, Industrial Marketing Management, and Journal of International Marketing.

This seminar represented an integrative and important part of the House of Innovation's strategy to build a research environment through engagement with prominent guests and their work.

This seminar was a part of the Academic Seminar Series offered in cooperation with the Stockholm School of Entrepreneurship.

House of Innovation Health Development Behavioral economics COVID-19 Entrepreneurship Innovation International economics  Social economics Economics Lunch seminar Seminar