Smart Specialization Based on the Concept of Creating Shared Value for the Development and Revitalization of an Entrepreneurial Ecosystem

Abstract

This research aims to make a methodological and theoretical contribution to smart and sustainable regional development that includes the shared value approach and also aims to create innovative strategies that use a smart specialization strategy methodology to invigorate an entrepreneurial ecosystem. From a conceptual standpoint, the authors established the implementation guidelines for strategies to allow to resolving existing development problems in society and support regional entrepreneurial ecosystems as a way to help their sustainable growth and development. As a result of this research, they propose a smart specialization strategy that allows the development of shared value strategies that contribute to the implementation of procedures and practices that improve the conditions of traditionally excluded populations, while generating a positive economic and environmental impact on entrepreneurial ecosystems.