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Innovation and Entrepreneurial Ecosystems

In: Innovation, Research and Development and Capital Evaluation

Author

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  • Alina Ianioglo

Abstract

Nowadays special attention is paid to ecosystem conditions that encourage innovation and entrepreneurship. This chapter provides a critical review and expands the understanding of the concepts of the innovation ecosystem and entrepreneurial ecosystem. The entrepreneurial ecosystem represents a collection of actors that interact within a geographically bound entrepreneurial environment and factors, which contribute to the development of productive entrepreneurship. Innovation ecosystems represent communities of interacting actors that support innovation processes and create technologies and innovations. The focus of the innovation ecosystem is on value creation through the creation of innovations, while the focus of the entrepreneurship ecosystem is on the development of entrepreneurship. There are differences between the two concepts, but also the relationships and interactions, which are revealed in the chapter. Also, there are highlighted the framework, components and features of both entrepreneurial and innovation ecosystems.

Suggested Citation

  • Alina Ianioglo, 2022. "Innovation and Entrepreneurial Ecosystems," Chapters, in: Luigi Aldieri (ed.), Innovation, Research and Development and Capital Evaluation, IntechOpen.
    • Handle: RePEc:ito:pchaps:255117
    DOI: 10.5772/intechopen.102344
    as

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    File URL: https://www.intechopen.com/chapters/80382
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    More about this item

    Keywords

    system; entrepreneurship; entrepreneurial ecosystem; innovation; innovation ecosystem; networks; knowledge;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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