Design of a Regional Venture-Creation Ecosystem by Reusing Components of Another Ecosystem

Building a regional ecosystem to support the launch and growth of ventures is complex, time consuming, and risky. Instead of building the venture-creation ecosystem from scratch, individuals and organizations in a region may try to reuse components of an existing venture-creation ecosystem they deem to be successful in another region. This research identifies the defining features of business ecosystems, develops a framework to specify business ecosystems, and produces a design and a plan to build a regional venture-creation ecosystem in Jordan. The design adapts the goals and components of Lead To Win, a venture-creation ecosystem in Ottawa, Canada.This research is relevant to individuals and organizations building venture-creation regional ecosystems and seeking guidance on how to reuse components from ecosystems in other regions, and to researchers seeking to better understand the configuration required to attain similar goals in different regions. It also guides building a venture-creation ecosystem in Jordan.