Strengthening Local Innovation and Entrepreneurial Ecosystems

Author:

Hoffecker Elizabeth1,Ramos Francisco12,Adomdza Gordon3,Frey Dan4

Affiliation:

1. Sociotechnical Systems Research Center, Schwarzman College of Computing, Massachusetts Institute of Technology, Cambridge, Massachusetts, United States

2. Global Ecosystem Dynamics Initiative, Guadalajara, Mexico

3. Department of Business Administration, Ashesi University, Accra, Ghana

4. Department of Mechanical Engineering, Massachusetts Institute of Technology, Cambridge, Massachusetts, United States

Abstract

The complex adaptive systems that produce and sustain local innovation and entrepreneurship in particular geographic contexts are known as local innovation systems and entrepreneurial systems and, from a perspective informed by ecology, as local innovation and entrepreneurial ecosystems. Over the past decade, scholars and practitioners have increasingly focused on clarifying what these systems are and why they are important for local and regional economic development. There is relatively scant scholarship, however, focused on describing how to strengthen these systems, in terms of specific processes for developing missing or weak system components, improving the relationships between components and clarifying the purpose of the system. This paper describes an approach to innovation ecosystem strengthening developed from case studies of successful sustainability-oriented entrepreneurial ecosystems in the United States, and how this approach was adapted and applied to an online ecosystem-strengthening process in Accra, Ghana. Drawing on programmatic data and a post-project survey, we find that the approach achieved its primary objective of developing and launching an ecosystem-strengthening initiative, indicating its applicability beyond the context in which it was developed. However, we also identify that ecosystem capacity strengthening effects were weaker than predicted and conclude that this type of ecosystem-strengthening process is best suited to in-person work.

Publisher

SAGE Publications

Subject

Strategy and Management,Economics and Econometrics,Business and International Management

Cited by 1 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. Fuzzy Methods in Entrepreneurship Research;The Journal of Entrepreneurship;2024-05

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