IDEAS home Printed from https://ideas.repec.org/a/eee/tefoso/v152y2020ics0040162518315488.html
   My bibliography  Save this article

The role of open innovation in developing an entrepreneurial support ecosystem

Author

Listed:
  • Pustovrh, Ales
  • Rangus, Kaja
  • Drnovšek, Mateja

Abstract

In this study, we use the open innovation paradigm to analyze the development of an entrepreneurial support ecosystem. We argue that business accelerators play a critical role within an emerging entrepreneurial ecosystem. Our analysis draws on qualitative data from a business accelerator in such a context. We suggest that, in environments that have underdeveloped entrepreneurial support ecosystems, public policy should endorse the open innovation activities of key actors in entrepreneurial ecosystems. By harnessing open innovation, an accelerator forges a broader network of relationships with actors outside of the system, which in turn increases the capacity within the system and embeds it within a global innovation system.

Suggested Citation

  • Pustovrh, Ales & Rangus, Kaja & Drnovšek, Mateja, 2020. "The role of open innovation in developing an entrepreneurial support ecosystem," Technological Forecasting and Social Change, Elsevier, vol. 152(C).
    • Handle: RePEc:eee:tefoso:v:152:y:2020:i:c:s0040162518315488
    DOI: 10.1016/j.techfore.2019.119892
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0040162518315488
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.techfore.2019.119892?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Sarfraz Mian & Wadid Lamine & Alain Fayolle, 2016. "Technology Business Incubation: An overview of the state of knowledge," Post-Print hal-02014389, HAL.
    2. Erik Stam, 2015. "Entrepreneurial Ecosystems and Regional Policy: A Sympathetic Critique," European Planning Studies, Taylor & Francis Journals, vol. 23(9), pages 1759-1769, September.
    3. Rothaermel, Frank T. & Thursby, Marie, 2005. "University-incubator firm knowledge flows: assessing their impact on incubator firm performance," Research Policy, Elsevier, vol. 34(3), pages 305-320, April.
    4. Scott Shane, 2009. "Why encouraging more people to become entrepreneurs is bad public policy," Small Business Economics, Springer, vol. 33(2), pages 141-149, August.
    5. Ross Brown & Colin Mason, 2017. "Looking inside the spiky bits: a critical review and conceptualisation of entrepreneurial ecosystems," Small Business Economics, Springer, vol. 49(1), pages 11-30, June.
    6. Bruce Kogut & Harbir Singh, 1988. "The Effect of National Culture on the Choice of Entry Mode," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 19(3), pages 411-432, September.
    7. Tomlinson, Philip R., 2010. "Co-operative ties and innovation: Some new evidence for UK manufacturing," Research Policy, Elsevier, vol. 39(6), pages 762-775, July.
    8. Colin Mason & Ross Brown, 2013. "Creating good public policy to support high-growth firms," Small Business Economics, Springer, vol. 40(2), pages 211-225, February.
    9. Lyu, Yibo & He, Binyuan & Zhu, Yuqing & Li, Li, 2019. "Network embeddedness and inbound open innovation practice: The moderating role of technology cluster," Technological Forecasting and Social Change, Elsevier, vol. 144(C), pages 12-24.
    10. Sarfraz Mian & Wadid Lamine & Alain Fayolle, 2016. "Technology Business Incubation : An overview of the state of knowledge," Post-Print hal-02313371, HAL.
    11. Pauwels, Charlotte & Clarysse, Bart & Wright, Mike & Van Hove, Jonas, 2016. "Understanding a new generation incubation model: The accelerator," Technovation, Elsevier, vol. 50, pages 13-24.
    12. Bleda, Mercedes & del Río, Pablo, 2013. "The market failure and the systemic failure rationales in technological innovation systems," Research Policy, Elsevier, vol. 42(5), pages 1039-1052.
    13. Link, Albert & Sarala, Riikka, 2019. "Advancing Conceptualization of University Entrepreneurship Ecosystems: The Role of Knowledge-based Entrepreneurial Firms," UNCG Economics Working Papers 19-1, University of North Carolina at Greensboro, Department of Economics.
    14. Kohler, Thomas, 2016. "Corporate accelerators: Building bridges between corporations and startups," Business Horizons, Elsevier, vol. 59(3), pages 347-357.
    15. Kim, Jin-Hyuk & Wagman, Liad, 2014. "Portfolio size and information disclosure: An analysis of startup accelerators," Journal of Corporate Finance, Elsevier, vol. 29(C), pages 520-534.
    16. Sverre J Herstad & Carter Bloch & Bernd Ebersberger & Els van de Velde, 2010. "National innovation policy and global open innovation: exploring balances, tradeoffs and complementarities," Science and Public Policy, Oxford University Press, vol. 37(2), pages 113-124, March.
    17. Mian, Sarfraz & Lamine, Wadid & Fayolle, Alain, 2016. "Technology Business Incubation: An overview of the state of knowledge," Technovation, Elsevier, vol. 50, pages 1-12.
    18. Aija Leiponen & Constance E. Helfat, 2010. "Innovation objectives, knowledge sources, and the benefits of breadth," Strategic Management Journal, Wiley Blackwell, vol. 31(2), pages 224-236, February.
    19. Nitin Nohria & Carlos Garcia‐Pont, 1991. "Global strategic linkages and industry structure," Strategic Management Journal, Wiley Blackwell, vol. 12(S1), pages 105-124, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wang, Zhaoxing & He, Qile & Xia, Senmao & Sarpong, David & Xiong, Ailun & Maas, Gideon, 2020. "Capacities of business incubator and regional innovation performance," Technological Forecasting and Social Change, Elsevier, vol. 158(C).
    2. Evgeny V. Popov & Victoria L. Simonova & Igor P. Chelak, 2022. "Analytical Model of the Firm’s Ecosystem: Comparison of Large Industrial Enterprises in Russia," Journal of Applied Economic Research, Graduate School of Economics and Management, Ural Federal University, vol. 21(4), pages 775-794.
    3. Ma, Cong & Cheok, Mui Yee & Chok, Nyen Vui, 2023. "Economic recovery through multisector management resources in small and medium businesses in China," Resources Policy, Elsevier, vol. 80(C).
    4. Tao Liu & Zhongyang Yu, 2022. "RETRACTED ARTICLE: The relationship between open technological innovation, intellectual property rights capabilities, network strategy, and AI technology under the Internet of Things," Operations Management Research, Springer, vol. 15(3), pages 793-808, December.
    5. Battisti, Sandro & Agarwal, Nivedita & Brem, Alexander, 2022. "Creating new tech entrepreneurs with digital platforms: Meta-organizations for shared value in data-driven retail ecosystems," Technological Forecasting and Social Change, Elsevier, vol. 175(C).
    6. Roberto Osorno-Hinojosa & Mikko Koria & Delia del Carmen Ramírez-Vázquez & Gabriela Calvario, 2023. "Designing Platforms for Micro and Small Enterprises in Emerging Economies: Sharing Value through Open Innovation," Sustainability, MDPI, vol. 15(14), pages 1-17, July.
    7. Jackson, Emerson Abraham, 2020. "Economics of Technology Innovation for Sustainable Growth – With reference to Sub-Saharan Africa (SSA)," MPRA Paper 101787, University Library of Munich, Germany, revised 27 May 2020.
    8. Wang, Lin & Dilanchiev, Azer & Haseeb, Mohammad, 2022. "The environmental regulation and policy assessment effect on the road to green recovery transformation," Economic Analysis and Policy, Elsevier, vol. 76(C), pages 914-929.
    9. Prokop, Viktor & Hajek, Petr & Stejskal, Jan, 2021. "Configuration Paths to Efficient National Innovation Ecosystems," Technological Forecasting and Social Change, Elsevier, vol. 168(C).
    10. Maulana Mukhlis & Ryzal Perdana, 2022. "A Critical Analysis of the Challenges of Collaborative Governance in Climate Change Adaptation Policies in Bandar Lampung City, Indonesia," Sustainability, MDPI, vol. 14(7), pages 1-12, March.
    11. Fei Zhou & Yingqi Liu & Ruijun Chen, 2021. "Research on Collaborative Innovation of Intelligent Connected Vehicles Industry Based on Test Field: Embedded Case Study from the Perspective of Open Innovation," Sustainability, MDPI, vol. 13(11), pages 1-18, May.
    12. Arabeche Zina, 2022. "The Actions Carried Out by the Cyberparc Incubator of Sidi Abdellah During the Period of 2010–2020: State of Play and Perspectives," Economics and Business, Sciendo, vol. 36(1), pages 17-33, January.
    13. Qiu, Hong & Chreim, Samia & Freel, Mark, 2023. "A tension lens for understanding entrepreneurship-related activities in the university," Technological Forecasting and Social Change, Elsevier, vol. 186(PB).
    14. Sengupta, Abhijit & Sena, Vania, 2020. "Impact of open innovation on industries and firms – A dynamic complex systems view," Technological Forecasting and Social Change, Elsevier, vol. 159(C).
    15. Andrea Ancona & Matteo Cinelli & Giovanna Ferraro & Antonio Iovanella, 2023. "Network-based principles of entrepreneurial ecosystems: a case study of a start-up network," Small Business Economics, Springer, vol. 61(4), pages 1497-1514, December.
    16. Shen, Ching-Cheng & Yeh, Chien-Chi & Lin, Chun-Nan, 2022. "Using the perspective of business information technology technicians to explore how information technology affects business competitive advantage," Technological Forecasting and Social Change, Elsevier, vol. 184(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Del Sarto, Nicola & Cruz Cazares, Claudio & Di Minin, Alberto, 2022. "Startup accelerators as an open environment: The impact on startups’ innovative performance," Technovation, Elsevier, vol. 113(C).
    2. Lukeš, Martin & Longo, Maria Cristina & Zouhar, Jan, 2019. "Do business incubators really enhance entrepreneurial growth? Evidence from a large sample of innovative Italian start-ups," Technovation, Elsevier, vol. 82, pages 25-34.
    3. Lall, Saurabh A. & Chen, Li-Wei & Roberts, Peter W., 2020. "Are we accelerating equity investment into impact-oriented ventures?," World Development, Elsevier, vol. 131(C).
    4. Del Sarto, Nicola & Isabelle, Diane A. & Di Minin, Alberto, 2020. "The role of accelerators in firm survival: An fsQCA analysis of Italian startups," Technovation, Elsevier, vol. 90.
    5. Shankar, Raj K. & Clausen, Tommy H., 2020. "Scale quickly or fail fast: An inductive study of acceleration," Technovation, Elsevier, vol. 98(C).
    6. Morgan P. Miles & Mark Morrison, 2020. "An effectual leadership perspective for developing rural entrepreneurial ecosystems," Small Business Economics, Springer, vol. 54(4), pages 933-949, April.
    7. Kuebart, Andreas, 2022. "Open creative labs as functional infrastructure for entrepreneurial ecosystems: Using sequence analysis to explore tempo-spatial trajectories of startups in Berlin," Research Policy, Elsevier, vol. 51(9).
    8. J. Piet Hausberg & Sabrina Korreck, 2020. "Business incubators and accelerators: a co-citation analysis-based, systematic literature review," The Journal of Technology Transfer, Springer, vol. 45(1), pages 151-176, February.
    9. van Weele, Marijn & van Rijnsoever, Frank J. & Nauta, Frans, 2017. "You can't always get what you want: How entrepreneur's perceived resource needs affect the incubator's assertiveness," Technovation, Elsevier, vol. 59(C), pages 18-33.
    10. Brian J. Bergman & Jeffery S. McMullen, 2022. "Helping Entrepreneurs Help Themselves: A Review and Relational Research Agenda on Entrepreneurial Support Organizations," Entrepreneurship Theory and Practice, , vol. 46(3), pages 688-728, May.
    11. Ahmad Alaassar & Anne-Laure Mention & Tor Helge Aas, 2022. "Ecosystem dynamics: exploring the interplay within fintech entrepreneurial ecosystems," Small Business Economics, Springer, vol. 58(4), pages 2157-2182, April.
    12. Sansone, Giuliano & Andreotti, Pietro & Colombelli, Alessandra & Landoni, Paolo, 2020. "Are social incubators different from other incubators? Evidence from Italy," Technological Forecasting and Social Change, Elsevier, vol. 158(C).
    13. Moritz, Alexandra & Naulin, Tamara & Lutz, Eva, 2022. "Accelerators as drivers of coopetition among early-stage startups," Technovation, Elsevier, vol. 111(C).
    14. Alaassar, Ahmad & Mention, Anne-Laure & Aas, Tor Helge, 2021. "Exploring a new incubation model for FinTechs: Regulatory sandboxes," Technovation, Elsevier, vol. 103(C).
    15. Klofsten, Magnus & Fayolle, Alain & Guerrero, Maribel & Mian, Sarfraz & Urbano, David & Wright, Mike, 2019. "The entrepreneurial university as driver for economic growth and social change - Key strategic challenges," Technological Forecasting and Social Change, Elsevier, vol. 141(C), pages 149-158.
    16. Xiangfei Yuan & Haijing Hao & Chenghua Guan & Alex Pentland, 2021. "What are the key components of an entrepreneurial ecosystem in a developing economy? A longitudinal empirical study on technology business incubators in China," Papers 2103.08131, arXiv.org.
    17. Daniel L. Bennett, 2021. "Local economic freedom and creative destruction in America," Small Business Economics, Springer, vol. 56(1), pages 333-353, January.
    18. Zhao, Liming & Zhang, Haihong & Wu, Wenqing, 2017. "Knowledge service decision making in business incubators based on the supernetwork model," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 479(C), pages 249-264.
    19. Connolly, Aidan J. & Turner, Justin & Potocki, Alexa D., 2018. "IGNITE your corporate innovation: insights from setting up an ag-tech start-up accelerator," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 21(6), July.
    20. Charfeddine, Lanouar & Zaouali, Sana, 2022. "The effects of financial inclusion and the business environment in spurring the creation of early-stage firms and supporting established firms," Journal of Business Research, Elsevier, vol. 143(C), pages 1-15.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:tefoso:v:152:y:2020:i:c:s0040162518315488. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.sciencedirect.com/science/journal/00401625 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.