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Digital Entrepreneurship Services Evolution: Analysis of Quadruple and Quintuple Helix Innovation Models for Open Data Ecosystems

Author

Listed:
  • Fotis Kitsios

    (Department of Applied Informatics, School of Information Sciences, University of Macedonia, GR54636 Thessaloniki, Greece)

  • Maria Kamariotou

    (Department of Applied Informatics, School of Information Sciences, University of Macedonia, GR54636 Thessaloniki, Greece)

  • Evangelos Grigoroudis

    (School of Production Engineering and Management, Technical University of Crete, GR73100 Chania, Greece)

Abstract

Open data hackathons are events where the actors from an ecosystem collaborate to build platforms that will benefit the public, creating a win–win scenario for all of them. Sadly, many digital services produced in hackathons are discarded only by providing access to open data that cannot boost economic benefits. Therefore, it is necessary to create a model that fosters value and entrepreneurship for the open data ecosystem, aiming to develop an economically self-sustained ecosystem. The purpose of this paper is to identify the challenges participants of open data hackathons can face to present a model that will support the improvement of these contests. This paper uses the quadruple/quintuple helix innovation model to drive innovation and entrepreneurship in Thessaloniki’s open data ecosystem to develop applications using open data. The results indicate that, although actors are aware of open data use, a new type of open data ecosystem that creates a win–win scenario between the entities in the open data ecosystem is required. The proposed model implies a full effect that promotes cooperation and networking among the entities in the city’s ecosystem towards achieving the aim of increasing citizens’ quality of life.

Suggested Citation

  • Fotis Kitsios & Maria Kamariotou & Evangelos Grigoroudis, 2021. "Digital Entrepreneurship Services Evolution: Analysis of Quadruple and Quintuple Helix Innovation Models for Open Data Ecosystems," Sustainability, MDPI, vol. 13(21), pages 1-15, November.
    • Handle: RePEc:gam:jsusta:v:13:y:2021:i:21:p:12183-:d:672363
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    1. Eleni N. Arvaniti & Agapi Dima & Chrysostomos D. Stylios & Vagelis G. Papadakis, 2022. "Introducing Research Loop to Achieve Open Innovation for Research Centers in Quintuple Helix," Sustainability, MDPI, vol. 14(22), pages 1-15, November.
    2. Lola Redondo-Rodríguez & Diana C. Pérez-Bustamante Yábar & Eloísa Díaz-Garrido, 2023. "Impact of technological innovation on digital entrepreneurship and the effects on the economy," International Entrepreneurship and Management Journal, Springer, vol. 19(3), pages 1501-1526, September.
    3. Rob Kim Marjerison & Rongjuan Chen & Yinan Lin, 2021. "The Nexus of Social Cause Interest and Entrepreneurial Mindset: Driving Socioeconomic Sustainability," Sustainability, MDPI, vol. 13(24), pages 1-19, December.

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