EXPLORING ASYMMETRIC CONFIGURATIONS OF KNOWLEDGE SPILLOVER FOR ENTREPRENEURIAL ECOSYSTEM IN FITNESS INDUSTRY
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Date
2017
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UMT, Lahore
Abstract
Knowledge spillovers are considered an important factor in innovation and entrepreneurial activity in the context of geographic proximity and industrial parameters, leading to the popularity of knowledge spillover theory of entrepreneurship. However, the literature lacks the comprehension regarding the role of knowledge spillovers in promoting entrepreneurial ecosystem. These concepts have thoroughly been discussed in literature but separately and with little attention to their interrelationship. On one hand, the aforementioned theory focuses more on individual’s entrepreneurial prowess and lacks ecosystem perspective as well as the plausibility for service sector and developing economies, and on the other, all the existing models of entrepreneurial ecosystems have not considered knowledge spillovers a contributing factor. Hence, the purpose of this study is to explore the interrelationship of knowledge spillover and entrepreneurial ecosystem through the lens of fitness industry.