Planned Success? How Policy, Investment, and a Tech-Innovation Mindset shape Shenzhen's entrepreneural ecosystem

Creators: Mattes, Verena and Schey, Jonas and Schulz, Antonia and Schallmo, Daniel and Schieder, Christian
Title: Planned Success? How Policy, Investment, and a Tech-Innovation Mindset shape Shenzhen's entrepreneural ecosystem
Item Type: Article or issue of a publication series
Projects: IFE
Journal or Series Title: International Journal of Innovation Management
Article: 2540021
Additional Information: Open Access
Date: 29 September 2025
Divisions: Wirtschaftswissenschaften
Abstract (ENG): This study investigates the factors behind Shenzhen’s emergence as a globally recognised entrepreneurial ecosystem (EE). Unlike many Western, market-driven models, Shenzhen’s development was shaped by state-led industrial planning, strategic interventions, and major investments in digital infrastructure. This distinctive evolution raises the question of how transferable such a model is to other regional contexts. Drawing on a qualitative case study based on expert interviews and document analysis, this study identifies key drivers across six EE elements: policy, finance, markets, human capital, support, and culture. A two-dimensional evaluation model is developed to assess both the influence and transferability of these factors. These findings demonstrate that many finance- and support-related interventions are adaptable to other contexts. In contrast, core mechanisms, such as regulatory flexibility and sector-specific steering, are highly context-dependent and harder to replicate. This study contributes to EE theory by providing a structured framework for evaluating ecosystem interventions and broadening the discourse beyond Western-centric perspectives.
Forthcoming: No
Language: English
Uncontrolled Keywords: Shenzhen ; entrepreneurial ecosystems ; state-driven ecosystem ; state-driven innovation ; influence-transferability model ; ecosystem policy ; smart city strategy ; strategic planning ; innovation support ; government intervention
Link eMedia: Download
Citation:

Mattes, Verena and Schey, Jonas and Schulz, Antonia and Schallmo, Daniel and Schieder, Christian (2025) Planned Success? How Policy, Investment, and a Tech-Innovation Mindset shape Shenzhen's entrepreneural ecosystem. International Journal of Innovation Management, Art. 2540021. ISSN 1363-9196

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