IDEAS home Printed from https://ideas.repec.org/a/cve/innsjn/v5y2025i4p8-19.html

Conceptual approaches to forming an innovation ecosystem in manufacturing enterprises

Author

Listed:
  • Dmytro Ivashkin

Abstract

The increasing complexity of global supply chains and the growing demand for sustainable practices necessitate the development of collaborative networks that integrate diverse stakeholders to foster innovation and resilience. The aim of this study was to develop an integrated strategy for shaping innovation ecosystems in manufacturing through the synthesis of theoretical frameworks and the analysis of the application in industrial contexts. The study employed a systematic literature review and conceptual synthesis to examine ecosystem dynamics and approaches to innovation portfolio formation. The results indicated that innovation ecosystems evolve through four stages: conceptual design, in which firms define shared objectives and identify key actors; construction, where partnerships and governance structures are established; exploitation and maintenance, focused on performance optimisation and the scaling of innovations; and transformation, which ensures adaptation to market or regulatory changes. Individual projects within ecosystems progress through phases of anticipation, emergence, growth, maturity, knowledge transfer, and renewal, enabling the management of diverse initiatives such as industrial design or sustainable energy solutions. The application of fuzzy set methods with a desirability scale ranging from 0 to 1 allows projects to be ranked according to criteria including technological feasibility, financial benefits, and sustainability impact, thereby supporting the formation of balanced portfolios. Smart technologies automate process optimisation, while investments in renewable energy sources and circular economy principles enhance efficiency and reduce environmental impact. These approaches enable focal firms to coordinate collaboration with suppliers, start-ups, universities, and civil society, creating dynamic networks capable of adapting to technological and market changes. The practical value of the study lies in providing recommendations for the development of flexible innovation portfolios, the use of data-sharing platforms, and the adoption of sustainable practices to reduce risks and increase value

Suggested Citation

  • Dmytro Ivashkin, 2025. "Conceptual approaches to forming an innovation ecosystem in manufacturing enterprises," Innovation and Sustainability Articles, Innovation and Sustainability, vol. 5(4), pages 8-19, December.
  • Handle: RePEc:cve:innsjn:v:5:y:2025:i:4:p:8-19
    DOI: https://doi.org/10.31649/vis/4.2025.08
    as

    Download full text from publisher

    File URL: https://inns.vn.ua/web/uploads/pdf/InnovationandSustainability,Vol.5,No.4,2025-8-19.pdf
    Download Restriction: no

    File URL: https://libkey.io/https://doi.org/10.31649/vis/4.2025.08?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
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    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:cve:innsjn:v:5:y:2025:i:4:p:8-19. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Innovation and Sustainability (email available below). General contact details of provider: https://inns.vn.ua/ .

    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.