IDEAS home Printed from https://ideas.repec.org/a/ers/ijebaa/vviiiy2020i4p807-818.html
   My bibliography  Save this article

Development of Regional Business Ecosystems as an Effective Tool to Counter the COVID-19 Crisis

Author

Listed:
  • Tatiana V. Epifanova
  • Yana I. Kurinova
  • Margarita P.Tertishnikova

Abstract

Purpose: The purpose of the study is to substantiate the need for the formation of regional entrepreneurial ecosystems that contribute to the sustainability of the development of small and medium-sized businesses in a crisis, as well as to analyze the functions of the structural elements of the ecosystem, ensuring the achievement of efficiency and business performance in the long term. Design/Methodology/Approach: The methodological basis of the work is a systemic, integrated and dynamic approach to the study of the sustainability of the development of entrepreneurial structures in the conditions of an entrepreneurial ecosystem and the formation of sustainability in entrepreneurial structures in a crisis. Findings: The core value of creating an entrepreneurial ecosystem lies in the networking between all the building blocks of the ecosystem. Effective network interaction as a result of connecting, integrating, merging the structural elements of the entrepreneurial ecosystem causes a synergistic effect in the implementation of entrepreneurial ideas within the ecosystem and the involvement of new participants in the framework. Practical Implications: The practice of creating regional business systems will increase the sustainability of business entities due to their natural development, thanks mainly to free access to resources, specialists, technologies and capital. The development of the research can be used in the process of assessing and improving the management systems for the sustainability of development of both an individual small and medium-sized enterprise and business entities as a whole. Originality/Value: The authors presented a structural diagram of the regional entrepreneurship ecosystem, identified its structural elements. The development of the research can be used in the process of improving management systems for the sustainability of development of regions, business systems and small and medium-sized businesses.

Suggested Citation

  • Tatiana V. Epifanova & Yana I. Kurinova & Margarita P.Tertishnikova, 2020. "Development of Regional Business Ecosystems as an Effective Tool to Counter the COVID-19 Crisis," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 807-818.
  • Handle: RePEc:ers:ijebaa:v:viii:y:2020:i:4:p:807-818
    as

    Download full text from publisher

    File URL: https://ijeba.com/journal/630/download
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Tatiana V. Epifanova & Tatyana A. Skvortsova & Ekaterina A. Parshina, 2017. "Influence of clustering on innovational development of business structures in region's economy," International Journal of Trade and Global Markets, Inderscience Enterprises Ltd, vol. 10(2/3), pages 133-141.
    2. David J. Teece, 2007. "Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance," Strategic Management Journal, Wiley Blackwell, vol. 28(13), pages 1319-1350, December.
    3. Tatiana V. Epifanova & Tatiana V. Shatkovskaya & Nikolay G. Romanenko & Tatiana A. Mosienko & Maksim Tkachenko, 2017. "Legal provision of clustering in Russia as environment for development of innovations," International Journal of Trade and Global Markets, Inderscience Enterprises Ltd, vol. 10(2/3), pages 217-225.
    Full references (including those not matched with items on IDEAS)

    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. Swen Nadkarni & Reinhard Prügl, 2021. "Digital transformation: a review, synthesis and opportunities for future research," Management Review Quarterly, Springer, vol. 71(2), pages 233-341, April.
    2. Jiatong Yu & Jiajue Wang & Taesoo Moon, 2022. "Influence of Digital Transformation Capability on Operational Performance," Sustainability, MDPI, vol. 14(13), pages 1-20, June.
    3. Christiana Müller & Stefan Vorbach, 2015. "Enabling Business Model Change: Evidence from High-Technology Firms," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 11(1), pages 53-75.
    4. Muhammad Farooq Islam & Ozge Can, 2024. "Integrating digital and sustainable entrepreneurship through business models: a bibliometric analysis," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 14(1), pages 1-18, December.
    5. Francisco Javier Forcadell & Fernando Úbeda, 2022. "Individual entrepreneurial orientation and performance: the mediating role of international entrepreneurship," International Entrepreneurship and Management Journal, Springer, vol. 18(2), pages 875-900, June.
    6. Luis Araya-Castillo & Felipe Hernández-Perlines & Hugo Moraga & Antonio Ariza-Montes, 2021. "Scientometric Analysis of Research on Socioemotional Wealth," Sustainability, MDPI, vol. 13(7), pages 1-26, March.
    7. FeCheng Ma & Farhan Khan & Kashif Ullah Khan & Si XiangYun, 2021. "Investigating the Impact of Information Technology, Absorptive Capacity, and Dynamic Capabilities on Firm Performance: An Empirical Study," SAGE Open, , vol. 11(4), pages 21582440211, November.
    8. Francisco Gustavo Bautista Carrillo & Daniel Arias-Aranda, 2025. "Technological Adoption Sequences and Sustainable Innovation Performance: A Longitudinal Analysis of Optimal Pathways," Sustainability, MDPI, vol. 17(13), pages 1-24, June.
    9. Kim, Jongwook & Mahoney, Joseph T., 2008. "A Strategic Theory of the Firm as a Nexus of Incomplete Contracts: A Property Rights Approach," Working Papers 08-0108, University of Illinois at Urbana-Champaign, College of Business.
    10. Elizabeth J. Altman & Frank Nagle & Michael L. Tushman, 2013. "Innovating Without Information Constraints: Organizations, Communities, and Innovation When Information Costs Approach Zero," Harvard Business School Working Papers 14-043, Harvard Business School, revised Sep 2014.
    11. Zhonghua Zhao & Fanchen Meng & Yin He & Zhouyang Gu, 2019. "The Influence of Corporate Social Responsibility on Competitive Advantage with Multiple Mediations from Social Capital and Dynamic Capabilities," Sustainability, MDPI, vol. 11(1), pages 1-16, January.
    12. Drummond, Conor & O'Toole, Thomas & McGrath, Helen, 2022. "Social Media resourcing of an entrepreneurial firm network: Collaborative mobilisation processes," Journal of Business Research, Elsevier, vol. 145(C), pages 171-187.
    13. Pandza, Krsto & Ellwood, Paul, 2013. "Strategic and ethical foundations for responsible innovation," Research Policy, Elsevier, vol. 42(5), pages 1112-1125.
    14. Jim Andersén, 2023. "Green resource orchestration: A critical appraisal of the use of resource orchestration in environmental management research, and a research agenda for future study," Business Strategy and the Environment, Wiley Blackwell, vol. 32(8), pages 5506-5520, December.
    15. Jantunen, Ari & Tarkiainen, Anssi & Chari, Simos & Oghazi, Pejvak, 2018. "Dynamic capabilities, operational changes, and performance outcomes in the media industry," Journal of Business Research, Elsevier, vol. 89(C), pages 251-257.
    16. Hazhir Rahmandad & Nelson Repenning, 2016. "Capability erosion dynamics," Strategic Management Journal, Wiley Blackwell, vol. 37(4), pages 649-672, April.
    17. Mostafiz, Md Imtiaz & Ahmed, Farhad Uddin & Tardios, Janja & Hughes, Paul & Tarba, Shlomo Y., 2025. "Configuring international entrepreneurial orientation and dynamic internationalization capability to predict international performance," International Business Review, Elsevier, vol. 34(2).
    18. Yi-Ju Lo & Tung Hung, 2015. "Structure offshoring and returns on offshoring," Asia Pacific Journal of Management, Springer, vol. 32(2), pages 443-479, June.
    19. Kazadi, Kande & Lievens, Annouk & Mahr, Dominik, 2016. "Stakeholder co-creation during the innovation process: Identifying capabilities for knowledge creation among multiple stakeholders," Journal of Business Research, Elsevier, vol. 69(2), pages 525-540.
    20. Marydas, Sneha & Mathew, Nanditha & De Marzo, Giordano & Pietrobelli, Carlo, 2025. "Digital Technologies, Hiring, Training, and Firm Outcomes," MERIT Working Papers 2025-004, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development

    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:ers:ijebaa:v:viii:y:2020:i:4:p:807-818. 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: Marios Agiomavritis (email available below). General contact details of provider: https://ijeba.com/ .

    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.