Affiliation:
1. CCS University, India
2. Noida Institute of Engineering and Technology, India
3. Baba Bhimrao Ambedkar University, India
Abstract
Innovations are catalytic agents, which mobilize creative forces for the expansion of commercial activities. They are instrumental in the creation of novel opportunities. The present chapter delved into the emergence of entrepreneurial ecosystems as a result of the creation of innovations due to market disruptions with the aid of efforts put in by academia, business, and government in providing strategic aid in the form of conducive econo-social environments that help generation of innovation ripples and business profitability to wipe off obsolete economic systems and end inertia to set in a new age of business progress and commercial success. The present study through a bibliometric analysis of 310 articles with the help of VOS Viewer/Leximancer analysis takes up the role of innovations in the creation and nurturing of entrepreneurial ecosystems. Analysis reveals that every nation resorts to innovative technologies and systems, which lead to the creation of self-operative and self-corrective entrepreneurial ecosystems and lead to commercial success.