Startup Dictionary
Ecosystem
Definition
A network of interconnected organizations (startups, investors, accelerators) that support business growth.
Deep Dive
An ecosystem, in a business context, refers to a network of interconnected organizations, individuals, and resources that interact to support business growth and innovation, particularly within a specific industry or geographic region. This network typically includes startups, venture capitalists, incubators, accelerators, universities, government agencies, mentors, service providers, and large corporations. The health of an ecosystem is determined by the strength and density of these interconnections, facilitating the flow of capital, talent, knowledge, and opportunities.
Examples & Use Cases
- 1Silicon Valley, with its concentration of tech companies, venture capital, and research institutions
- 2The Boston biotech cluster, comprising pharmaceutical companies, academic research hospitals, and specialized investment funds.
Related Terms
Innovation HubStartup CommunityValue Chain