The DOI matches its Crossref record; 6 of the 6 references it cites were found in a registry or an index.
Value creation by knowledge‐based ecosystems: evidence from a field study
Abstract
A growing number of research and development‐driven companies are located in knowledge‐based ecosystems. Value creation by these ecosystems draws on the dynamics of single firms (interacting and partnering) as well as the ecosystem at large. Drawing on a field study of a D utch high‐tech campus, two key sources of value creation are identified: (1) facilitation of the innovation process for individual companies and (2) creation of an innovation community. Furthermore, the coevolution of the ecosystem's business model with firm‐level business models explains why technology‐based firms join, stay in, or leave the ecosystem at a certain point in time. A remarkable finding is that ecosystem managers have to deliberately facilitate exit routes for companies that no longer fit the ecosystem in order to enhance and reinforce its business model. As such, this study suggests a dynamic capability perspective on knowledge‐based ecosystems that need to develop a business model at the ecosystem level to create sufficient innovative capacity and entrepreneurial fitness.
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Cites
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Cited by
The Relational Organization of Entrepreneurial Ecosystems
Spigel, B. (2017) · Entrepreneurship Theory and Practice · doi:10.1111/etap.12167 · Cited by 2,257
McWilliams, A., & Siegel, D. S. (2011) · Journal of Management · doi:10.1177/0149206310385696 · Cited by 939
Maneuvering in Poor Visibility: How Firms Play the Ecosystem Game when Uncertainty is High
Dattée, B., Alexy, O., & Autio, E. (2018) · Academy of Management Journal · doi:10.5465/amj.2015.0869 · Cited by 567
Roles during innovation ecosystem genesis: A literature review
Dedehayir, O., Mäkinen, S. J., & Roland Ortt, J. (2018) · Technological Forecasting and Social Change · doi:10.1016/j.techfore.2016.11.028 · Cited by 499
Open innovation in SMEs: Exploring inter-organizational relationships in an ecosystem
Radziwon, A., & Bogers, M. (2019) · Technological Forecasting and Social Change · doi:10.1016/j.techfore.2018.04.021 · Cited by 382
Metadata
- Authors
- van der Borgh, M., Cloodt, M., & Romme, A. G. L.
- Venue
- R&D Management
- Publisher
- Wiley
- Published
- 2012-02-22
- Volume
- 42
- Issue
- 2
- Pages
- 150-169
- ISSN
- 0033-6807 (ISSN-L)
- 1467-9310
- OpenAlex
- W2167557466
- Cited by
- 269
- References
- 6
- FWCI
- 29.65
- Type
- journal article
- Language
- en
- Open access
- closed
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