IDEAS home Printed from https://ideas.repec.org/a/spr/intemj/v18y2022i4d10.1007_s11365-021-00788-w.html
   My bibliography  Save this article

The influence of the entrepreneurial ecosystem model on sustainable innovation from a macro-level lens

Author

Listed:
  • Fahimeh Khatami

    (University of Torino)

  • Veronica Scuotto

    (Leonard de Vinci Pole Universitaire
    University of Napoli Federico II)

  • Norris Krueger

    (University of Phoenix
    University of Management and Technology)

  • Valter Cantino

    (University of Torino)

Abstract

The present article investigates entrepreneurial sustainable innovations (ESIs) that work against the five elements (policy, finance, human capital, support and culture) of the entrepreneurial ecosystem (EE) model (Isenberg, 2011). By conducting empirical research on 14 European countries, the study addresses how an EE can support entrepreneurs in creating sustainable innovations. Overall, the study contributes to exploring the relations between the EE and the relevant classes of ESIs, providing entrepreneurs and policymakers a framework by using a holistic examination of the EE and contributing to more effective policy solutions to encourage sustainable and resilient entrepreneurship-led economic growth. As shown by a quantitative analysis, ESIs are positively correlated with policy, finance and support in terms of infrastructural and administrative support, whereas culture and human capital do not significantly influence ESIs. The results also highlight that the EE’s key factors have different impacts on ESIs over time because the effect of EEs can be considered a complex system because of its heterogeneous and dynamic nature. In addition, the country-level capability of ESIs are measured, showing that Ukraine, Romania, Poland and the Czech Republic demonstrate a low-level capability of ESIs, while Germany, the UK, Sweden, Netherlands, France and Belgium show a high-level capability. By contributing to the entrepreneurial literature, the research invokes sustainable mechanisms of innovation to boost national economic performance in European countries.

Suggested Citation

  • Fahimeh Khatami & Veronica Scuotto & Norris Krueger & Valter Cantino, 2022. "The influence of the entrepreneurial ecosystem model on sustainable innovation from a macro-level lens," International Entrepreneurship and Management Journal, Springer, vol. 18(4), pages 1419-1451, December.
    • Handle: RePEc:spr:intemj:v:18:y:2022:i:4:d:10.1007_s11365-021-00788-w
    DOI: 10.1007/s11365-021-00788-w
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11365-021-00788-w
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s11365-021-00788-w?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. Berger, Elisabeth S.C. & Kuckertz, Andreas, 2016. "Female entrepreneurship in startup ecosystems worldwide," Journal of Business Research, Elsevier, vol. 69(11), pages 5163-5168.
    2. Maryann Feldman & Ted D. Zoller, 2012. "Dealmakers in Place: Social Capital Connections in Regional Entrepreneurial Economies," Regional Studies, Taylor & Francis Journals, vol. 46(1), pages 23-37, June.
    3. Erik Stam, 2013. "Knowledge and entrepreneurial employees: a country-level analysis," Small Business Economics, Springer, vol. 41(4), pages 887-898, December.
    4. Claude Diebolt & Ralph Hippe, 2019. "The long-run impact of human capital on innovation and economic development in the regions of Europe," Applied Economics, Taylor & Francis Journals, vol. 51(5), pages 542-563, January.
    5. Edward J. Malecki, 2011. "Connecting local entrepreneurial ecosystems to global innovation networks: open innovation, double networks and knowledge integration," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 14(1), pages 36-59.
    6. Heidi M. Neck & G. Dale Meyer & Boyd Cohen & Andrew C. Corbett, 2004. "An Entrepreneurial System View of New Venture Creation," Journal of Small Business Management, Taylor & Francis Journals, vol. 42(2), pages 190-208, April.
    7. Shaker A. Zahra & Satish Nambisan, 2011. "Entrepreneurship in global innovation ecosystems," AMS Review, Springer;Academy of Marketing Science, vol. 1(1), pages 4-17, March.
    8. Zoltan J. Acs & Erik Stam & David B. Audretsch & Allan O’Connor, 2017. "The lineages of the entrepreneurial ecosystem approach," Small Business Economics, Springer, vol. 49(1), pages 1-10, June.
    9. Clarysse, Bart & Wright, Mike & Bruneel, Johan & Mahajan, Aarti, 2014. "Creating value in ecosystems: Crossing the chasm between knowledge and business ecosystems," Research Policy, Elsevier, vol. 43(7), pages 1164-1176.
    10. Roundy, Philip T. & Bradshaw, Mike & Brockman, Beverly K., 2018. "The emergence of entrepreneurial ecosystems: A complex adaptive systems approach," Journal of Business Research, Elsevier, vol. 86(C), pages 1-10.
    11. Cohen, Boyd & Winn, Monika I., 2007. "Market imperfections, opportunity and sustainable entrepreneurship," Journal of Business Venturing, Elsevier, vol. 22(1), pages 29-49, January.
    12. Erik Stam, 2015. "Entrepreneurial Ecosystems and Regional Policy: A Sympathetic Critique," European Planning Studies, Taylor & Francis Journals, vol. 23(9), pages 1759-1769, September.
    13. Ben Spigel, 2017. "The Relational Organization of Entrepreneurial Ecosystems," Entrepreneurship Theory and Practice, , vol. 41(1), pages 49-72, January.
    14. Christina Theodoraki & Karim Messeghem & Mark Rice, 2018. "A social capital approach to the development of sustainable entrepreneurial ecosystems: an explorative study," Post-Print hal-02091761, HAL.
    15. Zoltán J. Ács & Erkko Autio & László Szerb, 2015. "National Systems of Entrepreneurship: Measurement issues and policy implications," Chapters, in: Global Entrepreneurship, Institutions and Incentives, chapter 28, pages 523-541, Edward Elgar Publishing.
    16. Angelo Cavallo & Antonio Ghezzi & Raffaello Balocco, 2019. "Entrepreneurial ecosystem research: present debates and future directions," International Entrepreneurship and Management Journal, Springer, vol. 15(4), pages 1291-1321, December.
    17. Siddharth Vedula & Markus Fitza, 2019. "Regional Recipes: A Configurational Analysis of the Regional Entrepreneurial Ecosystem for U.S. Venture Capital-Backed Startups," Strategy Science, INFORMS, vol. 4(1), pages 4-24, March.
    18. Hsu, David H., 2007. "Experienced entrepreneurial founders, organizational capital, and venture capital funding," Research Policy, Elsevier, vol. 36(5), pages 722-741, June.
    19. Prajogo, Daniel & Olhager, Jan, 2012. "Supply chain integration and performance: The effects of long-term relationships, information technology and sharing, and logistics integration," International Journal of Production Economics, Elsevier, vol. 135(1), pages 514-522.
    20. Randerson, Kathleen & Bettinelli, Cristina & Fayolle, Alain & Anderson, Alistair, 2015. "Family entrepreneurship as a field of research: Exploring its contours and contents," Journal of Family Business Strategy, Elsevier, vol. 6(3), pages 143-154.
    21. Nachiket Bhawe & Shaker A. Zahra, 2019. "Inducing heterogeneity in local entrepreneurial ecosystems: the role of MNEs," Small Business Economics, Springer, vol. 52(2), pages 437-454, February.
    22. Autio, Erkko & Kenney, Martin & Mustar, Philippe & Siegel, Don & Wright, Mike, 2014. "Entrepreneurial innovation: The importance of context," Research Policy, Elsevier, vol. 43(7), pages 1097-1108.
    23. Mark P. Rice & Michael L. Fetters & Patricia G. Greene, 2014. "University-based entrepreneurship ecosystems: a global study of six educational institutions," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 18(5/6), pages 481-501.
    24. David B. Audretsch & Maksim Belitski, 2017. "Entrepreneurial ecosystems in cities: establishing the framework conditions," The Journal of Technology Transfer, Springer, vol. 42(5), pages 1030-1051, October.
    25. Janna Alvedalen & Ron Boschma, 2017. "A critical review of entrepreneurial ecosystems research: towards a future research agenda," European Planning Studies, Taylor & Francis Journals, vol. 25(6), pages 887-903, June.
    26. Christina Theodoraki & Karim Messeghem & Mark P. Rice, 2018. "A social capital approach to the development of sustainable entrepreneurial ecosystems: an explorative study," Small Business Economics, Springer, vol. 51(1), pages 153-170, June.
    27. Alessandra Colombelli & Emilio Paolucci & Elisa Ughetto, 2019. "Hierarchical and relational governance and the life cycle of entrepreneurial ecosystems," Small Business Economics, Springer, vol. 52(2), pages 505-521, February.
    28. Noelia, Franco-Leal & Rosalia, Diaz-Carrion, 2020. "A dynamic analysis of the role of entrepreneurial ecosystems in reducing innovation obstacles for startups," Journal of Business Venturing Insights, Elsevier, vol. 14(C).
    29. László Szerb & Esteban Lafuente & Krisztina Horváth & Balázs Páger, 2019. "The relevance of quantity and quality entrepreneurship for regional performance: the moderating role of the entrepreneurial ecosystem," Regional Studies, Taylor & Francis Journals, vol. 53(9), pages 1308-1320, September.
    30. Veronica Scuotto & Massimo Morellato, 2013. "Entrepreneurial Knowledge and Digital Competence: Keys for a Success of Student Entrepreneurship," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 4(3), pages 293-303, September.
    31. Boyd Cohen, 2006. "Sustainable valley entrepreneurial ecosystems," Business Strategy and the Environment, Wiley Blackwell, vol. 15(1), pages 1-14, January.
    32. Øyvind Bjørgum & Øystein Moen & Tage Koed Madsen, 2013. "New ventures in an emerging industry: access to and use of international resources," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 20(2), pages 233-253.
    33. Stefan Schaltegger & Marcus Wagner, 2011. "Sustainable entrepreneurship and sustainability innovation: categories and interactions," Business Strategy and the Environment, Wiley Blackwell, vol. 20(4), pages 222-237, May.
    34. Sayem Hossain & M. Abu Saleh & Judy Drennan, 2017. "A critical appraisal of the social entrepreneurship paradigm in an international setting: a proposed conceptual framework," International Entrepreneurship and Management Journal, Springer, vol. 13(2), pages 347-368, June.
    35. Jafari-Sadeghi, Vahid & Garcia-Perez, Alexeis & Candelo, Elena & Couturier, Jerome, 2021. "Exploring the impact of digital transformation on technology entrepreneurship and technological market expansion: The role of technology readiness, exploration and exploitation," Journal of Business Research, Elsevier, vol. 124(C), pages 100-111.
    36. Martin Kenney & Donald Patton, 2005. "Entrepreneurial Geographies: Support Networks in Three High-Technology Industries," Economic Geography, Taylor & Francis Journals, vol. 81(2), pages 201-228, April.
    37. Erik Stam, 2018. "Measuring Entrepreneurial Ecosystems," International Studies in Entrepreneurship, in: Allan O'Connor & Erik Stam & Fiona Sussan & David B. Audretsch (ed.), Entrepreneurial Ecosystems, pages 173-197, Springer.
    38. Christopher S. Hayter, 2016. "A trajectory of early-stage spinoff success: the role of knowledge intermediaries within an entrepreneurial university ecosystem," Small Business Economics, Springer, vol. 47(3), pages 633-656, October.
    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. Mobina Beheshti & Eunice Yujin Kang & Shulong Yan & Emanuel Louime & Caitlyn Hancock & Avneet Hira, 2023. "Augmented Reality in A Sustainable Engineering Design Context: Understanding Students’ Collaboration and Negotiation Practices," Sustainability, MDPI, vol. 16(1), pages 1-21, December.
    2. Zhao, Xin & Xu, Yong & Vasa, László & Shahzad, Umer, 2023. "Entrepreneurial ecosystem and urban innovation: Contextual findings in the lens of sustainable development from China," Technological Forecasting and Social Change, Elsevier, vol. 191(C).
    3. Jose Ramon Saura & Daniel Palacios-Marqués & Domingo Ribeiro-Soriano, 2023. "Leveraging SMEs technologies adoption in the Covid-19 pandemic: a case study on Twitter-based user-generated content," The Journal of Technology Transfer, Springer, vol. 48(5), pages 1696-1722, October.

    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. Daniel Sunghwan Cho & Paul Ryan & Giulio Buciuni, 2022. "Evolutionary entrepreneurial ecosystems: a research pathway," Small Business Economics, Springer, vol. 58(4), pages 1865-1883, April.
    2. Theodoraki, Christina & Dana, Léo-Paul & Caputo, Andrea, 2022. "Building sustainable entrepreneurial ecosystems: A holistic approach," Journal of Business Research, Elsevier, vol. 140(C), pages 346-360.
    3. Susanne Pankov & Vivek K. Velamuri & Dirk Schneckenberg, 2021. "Towards sustainable entrepreneurial ecosystems: examining the effect of contextual factors on sustainable entrepreneurial activities in the sharing economy," Small Business Economics, Springer, vol. 56(3), pages 1073-1095, February.
    4. Francesco Perugini, 2023. "Space–time analysis of entrepreneurial ecosystems," The Journal of Technology Transfer, Springer, vol. 48(1), pages 240-291, February.
    5. Quoc Hoang Thai & Khuong Ngoc Mai & Tung Thanh Do, 2023. "An Evolution of Entrepreneurial Ecosystem Studies: A Systematic Literature Review and Future Research Agenda," SAGE Open, , vol. 13(1), pages 21582440231, March.
    6. Christina Theodoraki & Alexis Catanzaro, 2022. "Widening the borders of entrepreneurial ecosystem through the international lens," The Journal of Technology Transfer, Springer, vol. 47(2), pages 383-406, April.
    7. Angelo Cavallo & Antonio Ghezzi & Raffaello Balocco, 2019. "Entrepreneurial ecosystem research: present debates and future directions," International Entrepreneurship and Management Journal, Springer, vol. 15(4), pages 1291-1321, December.
    8. Sara Moggi & Paul Pierce & Nicole Bernardi, 2022. "From sustainability to thrivability: A novel framework for entrepreneurial ecosystems," International Entrepreneurship and Management Journal, Springer, vol. 18(2), pages 829-853, June.
    9. Rocha, Augusto & Brown, Ross & Mawson, Suzanne, 2022. "Reprint of: Capturing conversations in entrepreneurial ecosystems," Research Policy, Elsevier, vol. 51(9).
    10. Andrea Porras-Paez & Jana Schmutzler, 2019. "Orchestrating an Entrepreneurial Ecosystem in an emerging country: The lead actor’s role from a social capital perspective," Local Economy, London South Bank University, vol. 34(8), pages 767-786, December.
    11. Zhe Cao & Xianwei Shi, 2021. "A systematic literature review of entrepreneurial ecosystems in advanced and emerging economies," Small Business Economics, Springer, vol. 57(1), pages 75-110, June.
    12. Rocha, Augusto & Brown, Ross & Mawson, Suzanne, 2021. "Capturing conversations in entrepreneurial ecosystems," Research Policy, Elsevier, vol. 50(9).
    13. Bessagnet, Arnauld & Crespo, Joan & Vicente, Jérôme, 2021. "Unraveling the multi-scalar and evolutionary forces of entrepreneurial ecosystems: A historical event analysis applied to IoT Valley," Technovation, Elsevier, vol. 108(C).
    14. Ana-Maria Grigore & Irina-Maria Dragan, 2020. "Towards Sustainable Entrepreneurial Ecosystems in a Transitional Economy: An Analysis of Two Romanian City-Regions through the Lens of Entrepreneurs," Sustainability, MDPI, vol. 12(15), pages 1-21, July.
    15. Bernd Wurth & Erik Stam & Ben Spigel, 2022. "Toward an Entrepreneurial Ecosystem Research Program," Entrepreneurship Theory and Practice, , vol. 46(3), pages 729-778, May.
    16. Pankov, Susanne & Schneckenberg, Dirk & Velamuri, Vivek K., 2021. "Advocating sustainability in entrepreneurial ecosystems: Micro-level practices of sharing ventures," Technological Forecasting and Social Change, Elsevier, vol. 166(C).
    17. Christine Volkmann & Klaus Fichter & Magnus Klofsten & David B. Audretsch, 2021. "Sustainable entrepreneurial ecosystems: an emerging field of research," Small Business Economics, Springer, vol. 56(3), pages 1047-1055, February.
    18. Ferreira, João J.M. & Fernandes, Cristina I. & Mota Veiga, Pedro, 2023. "The role of entrepreneurial ecosystems in the SME internationalization," Journal of Business Research, Elsevier, vol. 157(C).
    19. Sanjay Chaudhary & Puneet Kaur & Hind Alofaysan & Jantje Halberstadt & Amandeep Dhir, 2023. "Connecting the dots? Entrepreneurial ecosystems and sustainable entrepreneurship as pathways to sustainability," Business Strategy and the Environment, Wiley Blackwell, vol. 32(8), pages 5935-5951, December.
    20. Reis, Germano Glufke & Villar, Eduardo Guedes & Prado Gimenez, Fernando Antonio & Maiolino Molento, Carla Forte & Ferri, Priscila, 2022. "The interplay of entrepreneurial ecosystems and global value chains: Insights from the cultivated meat entrepreneurial ecosystem of Singapore," Technology in Society, Elsevier, vol. 71(C).

    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:spr:intemj:v:18:y:2022:i:4:d:10.1007_s11365-021-00788-w. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.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.