The main barriers of Portuguese entrepreneurship ecosystem: Interpretive Structural Modeling (ISM) approach

Francisco Manuel Banha, Maria Helena Almeida, Efigenio Luz Rebelo, Alejandro Orgambídez Ramos

Abstract


This study is based on the technique Interpretive Structural Modelling (ISM) (Warfield, 1973), in order to delineate a flowchart that shows the main ten barriers (and their relationships) influencing the development of Portuguese Entrepreneurship Ecosystem. Through a process of modelling it was possible to reach a graphical representation that shows the operating sequence of these barriers in order to understand the logic of their relationship. The results show a model represented by a flowchart consisting of 10 barriers, three of them that are positioned at the base of the model have political-legislative features with high level of range in all the remaining barriers, so a political involvement, carefully measured, could contribute to the improvement of the Portuguese Entrepreneurship Ecosystem. The final model is a useful tool that can be adopted by key decision-makers and players in the Ecosystem in order to optimize the selection of measures enabling the entrepreneurial activity in Portugal.


Keywords


Interpretive Structural Modelling, Portuguese Entrepreneurship Ecosystem, Barriers, Modelling, Flowchart

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