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Exploring the Effects of Innovation Ecosystem Models on Innovative Performances of Start-Ups: The Contingent Role of Open Innovation

Author

Listed:
  • Zhang Jing
  • Yu Bo
  • Lu Chang

    (School of Management, Harbin Institute of Technology, Harbin 150001, China)

Abstract

A firm’s participation in an innovation ecosystem can increase its competitiveness and potentiality in turbulent circumstances. From a resource-based view (RBV) and the value proposition perspective, this study explored how participation in heterogeneous innovation ecosystems affects the innovative performances (IPs) of start-ups. We studied the adaptability between innovation ecosystem models and open innovation (OI) strategies, as well as examined their effects on new ventures. Specifically, innovation ecosystem models were classified into platform- and product-based innovation ecosystems according to the structural logic of accessing resources. Then, we examined the effects of these ecosystems on the IPs of start-ups and analyzed the moderating effects of the breadth and depth of OI on these ecosystems. The findings revealed that the participation of start-ups in such ecosystems had positive effects on their IPs and OI breadth’s inverted U-shape moderated the relationships between product-based innovation ecosystems and the IPs while strengthening the positive relationships between platform-based innovation ecosystems and the IPs. In addition, OI depth enhanced the positive effects of both ecosystems on the IPs of start-ups. This study has enlightening implications for research on innovation ecosystems, OI, and entrepreneurs.

Suggested Citation

  • Zhang Jing & Yu Bo & Lu Chang, 2023. "Exploring the Effects of Innovation Ecosystem Models on Innovative Performances of Start-Ups: The Contingent Role of Open Innovation," Entrepreneurship Research Journal, De Gruyter, vol. 13(4), pages 1139-1168, October.
  • Handle: RePEc:bpj:erjour:v:13:y:2023:i:4:p:1139-1168:n:12
    DOI: 10.1515/erj-2020-0529
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