Entrepreneurial Insights into Developing the Entrepreneurship Ecosystem in Finland: the High Impotance of Mentoring and Networking in Nascent Entrepreneurship

Abstract

This study investigates what insights entrepreneurs have for improving the entrepreneurship ecosystem in Finland. The research consists of qualitative interviews to determine what changes entrepreneurs would make in the ecosystem such that it would stimulate and encourage more people to create new companies that succeed and grow. The research indicates that Finland needs to change the way things are to make the environment more innovative. A proposed improvement is a higher focus on the development of communities for entrepreneurship. Establishing a well-functioning community for entrepreneurs provide networking opportunities and the social forces, feedback, and criticism of the community will fine-tune an innovation that has not been finalized. Central features of a well-functioning community for entrepreneurs are networking, mentoring and good-will.