The aim of this paper is to address the gap in the academic literature towards the development of methodological approaches to the industrial ecosystem potential assessment. This study is focused on the industrial ecosystems formed on the basis of a symbiotic model and implementing the principles of circularity. The article systematizes the problem of using circular and ecosystem approaches in industrial development. A contribution to the literature was achieved by providing a systemic perspective on the sustainable industrial process. In this paper, we develop the methodological foundations to improve the understanding of circular and integration processes’ influence on the industrial ecosystem potential. For a relevant analysis of industrial ecosystem potential, the existing patterns of system functioning were taken into account, including entropy equilibrium and Harrington model. We illustrate our assumptions with an empirical case study of two different industrial ecosystems, Kalundborg Symbiosis and Baltic Industrial Symbiosis, with an assessment of their circular and integration potentials. The results highlight that the potential of Kalundborg Symbiosis in the field of circularity is realized quite productively, but not in full. The holistic knowledge of circularity process provides new information that supports academics, policymakers, government, and individuals with a more appropriate understanding of the conditions that help to eliminate the environmental problems faced in society, helping to achieve the country’s sustainable development goals.

The fourth industrial revolution is the blending of technologies of the physical, digital and biological world, which creates new opportunities and affects political, social and economic systems. The fourth industrial revolution fundamentally transforms modern production, thanks to new technological achievements, including digitalization and robotization, artificial intelligence and the Internet of things (IoT), new materials and biotechnology. Due to these changes, production in developed countries again becomes the main source of prosperity and creation of new jobs. In this paper, the authors aimed at providing a better understanding for Industry 4.0 concept and its application benefits for Russia. The main problem is how the Russian Federation acts against the economically developed countries, which are the creators of Industry 4.0. This paper mainly focuses on presenting the authors views on how to sustain and increase competitive advantage of the Russian Federation by catching and implementing Industry 4.0. With Industry 4.0, Russian Federation get a bigger share of the world manufacturing value chain. In this paper, the authors aimed at providing a better understanding for Industry 4.0 concept and its application benefits for Russia. The main problem is how the Russian Federation acts against the economically developed countries, which are the creators of Industry 4.0. This paper mainly focuses on presenting the authors views on how to sustain and increase competitive advantage of the Russian Federation by catching and implementing Industry 4.0. With Industry 4.0, Russian Federation get a bigger share of the world manufacturing value chain.

PurposeA neo-institutional methodology defines the entrepreneurial environment for SMEs as a multidimensional set of interacting formal/informal institutions influencing regional economic growth. Acknowledging the multidimensional nature of SME growth, this study tests an approach to measure SME institutional environment quality through the identification of regional-level determinants.Design/methodology/approachThe method used in this paper is based on Bruns et al.’s (2017) model and is tested on 81 Russian Federation regions. The approach seeks to determine variation in entrepreneurial ecosystems based on quality and estimated marginal effects of difference across geographical regions.FindingsThe most severe obstacle to SME development in Russia is its shadow economy and corruption. Access to finance, high transportation fees, and instability in the political and economic field ranks second and third, respectively. Results suggest governments should eliminate main obstacles at country-level, which hampers the SME sector's development. While this is noted for this case looking at Russia, this is a common argument found in SME research.Practical implicationsFindings from this study are useful in managerial practice, aimed at increasing innovative development and increasing the competitiveness of Russian SMEs. A neo-institutional approach is one of the theoretical strands with the emphasis on enhanced understanding of organizational behavior and social capital, including cultural norms and beliefs.Originality/valueUtilizing an extended empirical approach to assess the institutional environment for SMEs addresses a research gap – offering novel insight on SME growth useful for policy makers. The results can inform managerial practices to increase SME contribution to economic growth.

This paper highlights a sustainability and self-organization perspective of the innovation ecosystems. Such issues as under what conditions self-organization takes place and what mechanisms form an innovation ecosystem in a sustainable way are underexplored in the academic literature. To ensure self-development of actors in the ecosystem, a self-adjustment mechanism is needed that allows implementation of sustainability principles. This article proposes a practical tool for assessing an actor in an ecosystem using the method of analytic hierarchy process (AHP), developed by T. Saaty. It allows for operationalizing the processes of self-organization in the ecosystem without an external intervention and addresses the main implications for sustainable development of innovation industrial ecosystems. The authors illustrate their assumptions with an empirical case study of the industrial ecosystem “Technologies for Improving the Quality of Life” (Moscow, Russia). The propositions arising from this analysis provide information to help academics, policymakers, government, and individual enterprises with a more adequate understanding of the practical mechanisms and tools that help trigger self-organization and sustainable development of the innovation ecosystems.

Despite the prominence of sustainable development approaches in the academic literature, together with the significance attributed to the economy and society, the concept is not sufficiently theorized, especially in terms of methodological issues. The presented study makes a contribution to the academic literature by providing a synthesis on territorial sustainable development research and related concepts of innovation and entrepreneurial ecosystems (EE). We propose a methodological framework for the assessment of regional sustainability, replicating and expanding the approach of D. Isenberg, and draw inference to the impact of institutional environments on the maturity level of EEs. We present our assumptions in the example of two entrepreneurial ecosystems in Russia and Poland (the Penza region and the Małopolska region) with relevant interpretations, which enable us to gain a comprehensive understanding of how to progress in sustainable entrepreneurial ecosystem development. The results of this analysis provides information to help academics, policymakers, government, and business owners with a more in-depth understanding of the practical mechanisms that support absorption of the EE model to achieve Sustainable Development Goals.