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Schumpeter meets Teece: Proposed metrics for assessing entrepreneurial innovation and dynamic capabilities in entrepreneurial ecosystems in an emerging economy

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  • Guerrero, Maribel
  • Siegel, Donald S.

Abstract

Based on the dynamic capabilities framework and the concept of entrepreneurial innovation, we identify a set of metrics that can be used to assess innovation and entrepreneurial ecosystems in an emerging economy. These metrics allow us to analyze how such ecosystems develop key capabilities and how they generate economic and social value. We also assess the relationship between entrepreneurial innovation, ecosystems, and socio-economic impact.

Suggested Citation

  • Guerrero, Maribel & Siegel, Donald S., 2024. "Schumpeter meets Teece: Proposed metrics for assessing entrepreneurial innovation and dynamic capabilities in entrepreneurial ecosystems in an emerging economy," Research Policy, Elsevier, vol. 53(5).
    • Handle: RePEc:eee:respol:v:53:y:2024:i:5:s0048733324000337
    DOI: 10.1016/j.respol.2024.104984
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    Keywords

    Dynamic capabilities; Entrepreneurial ecosystem; Innovation ecosystem; Entrepreneurial innovation; Metrics; Emerging economy;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • E00 - Macroeconomics and Monetary Economics - - General - - - General

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