Abrahamson et al. (2016)

Abrahamson et al. (2016) examined how the environment influences the behavior and success of startups. They found that regions with strong networks, access to resources, and supportive institutions help new companies grow and innovate. Essentially, the study shows that a favorable environment can significantly boost a startup’s chances of thriving, highlighting the importance of local ecosystems—like mentorship, funding, and collaboration—for fostering entrepreneurial success.