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Construction and Measurement of University-based Entrepreneurial Ecosystem Evaluation Index System: A Case Study of Zhejiang University in China

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2019 ASEE Annual Conference & Exposition


Tampa, Florida

Publication Date

June 15, 2019

Start Date

June 15, 2019

End Date

June 19, 2019

Conference Session

Entrepreneurship & Engineering Innovation Division Technical Session 6

Tagged Division

Entrepreneurship & Engineering Innovation

Tagged Topic


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Paper Authors


Yanjie Xie Zhejiang University

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Miss Yanjie Xie, Zhejiang University
Ph.D. candidate in School of Public Affairs in Zhejiang University. Research direction: Educational Economy and Management.

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Wei Zhang Zhejiang University

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2015-Present Professor, Institute of China's Science,Technology and Education Strategy, Zhejiang University
Associate director of Research Center on Science and Education Development Strategy, Zhejiang University
2012-2014 Professor, School of management, Hangzhou Dianzi University
Dean of Organization Management, School of management, Hangzhou Dianzi University
2008-2012 Director of Teaching & Research Division, School of management, Hangzhou Dianzi University
2007-2012 Associate Professor, School of management, Hangzhou Dianzi University
2005-2007 Assistant Professor, School of management, Hangzhou Dianzi University

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The university-based entrepreneurial ecosystem is the cornerstone for sustainable development of academic entrepreneurship and entrepreneurship education. At present, the research on university-based entrepreneurial ecosystem mainly focuses on the concept, while the evaluation of it is still in the initial stage and relatively few. Researchers have realized that the evaluation index system of the university-based entrepreneurial ecosystem should go beyond the specific aspects of economic interests and considering the broader social and economic benefits. However, the links between the evaluation indicators in the existing research are loose, and it is difficult to fully reveal the essence of the ecosystem. And there is no test for operability and feasibility of the indicator system. This paper contributes in several ways to engineering entrepreneurship and innovation. First, the evaluation subjects in current entrepreneurial ecosystem evaluation are mainly regional entrepreneurial ecosystem, student entrepreneurial ecosystem and entrepreneurial ecosystem, and university-based entrepreneurial ecosystem is not included. Secondly, researchers often evaluate the entrepreneurial ecosystem from the internal and external environment or the composition of the ecosystem, without considering the various factors involved in the dynamic process of the entrepreneurial ecosystem. This paper makes a novel contribution by building an evaluation framework of university-based entrepreneurial ecosystem based on its essential characteristics.

This paper presents the evaluation system model of university-based entrepreneurial ecosystem, establishing the evaluation indicator system with 4 first-level indicators of ecological diversity, synergistic symbiosis, network interaction and self-evolution, 14 second-level indicators and 33 three-level indicators. And it obtains the index weight on every level with applying the Analytic Hierarchy Process, finding that experts believe network interaction and self-evolution are the two most important measurements of the university-based entrepreneurial ecosystem. Based on this, this paper chooses Zhejiang University as an empirical research case to verify the evaluation index system. The evaluation results show that the overall development of the entrepreneurial ecosystem of Zhejiang University is in good condition, especially in the two aspects of network interaction and self-evolution. Finally, this paper discusses the key points of university-based entrepreneurial ecosystem assessment and possible research directions in the future.

Xie, Y., & Zhang, W. (2019, June), Construction and Measurement of University-based Entrepreneurial Ecosystem Evaluation Index System: A Case Study of Zhejiang University in China Paper presented at 2019 ASEE Annual Conference & Exposition , Tampa, Florida. 10.18260/1-2--32541

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