Abstract

The study puts forward a conceptual analysis of place-based or clustered growth of entrepreneurship activities as an integral determinant of a sound entrepreneurial ecosystem. These clusters lead to information diffusion of social and cultural capital due to spatial proximity. Based on an exploratory research technique, the study talks about entrepreneurial innovations resulting from cooperation and knowledge transfers in clusters. Taking a cue from the Knowledge Spillover Theory of Entrepreneurship (KSTE), entrepreneurial clusters as sources of knowledge spillover, as well as the spinoffs, are discussed in the paper. An understanding of industrial clusters across traditional handlooms, agricultural and food products, etc., in the North-East Region (NER) of India has also been attempted here. History and available literature reiterate the concept of the existence of regionalisation, more so in a developing economy. Therefore, the paper provides a conceptual overview of the variation that exists across developed and developing economies with regard to entrepreneurial ecosystem, clusters and knowledge flow.

Keywords

Entrepreneurial Ecosystem, Entrepreneurial Clusters, Knowledge Spillover, Spinoff, Information Diffusion, Spatial Proximity,

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