PurposeThis study aims to investigate the intellectual capital (IC) dynamics in entrepreneurial ecosystems (EEs) by conceptualizing EEs as systems whose purposes include the (re)generation of the intangible resources needed for effective entrepreneurship. The study proposes a taxonomy of the key enablers of IC and develops a model that captures the unfolding interdependencies across the enablers of explorative and exploitative human, relational and organizational capital in EEs.Design/methodology/approachThe authors purposefully selected a successful EE around an entrepreneurial university in Latin America as empirical case. Specifically, they investigated the IC dynamics of the EE in the context of a series of internationally awarded hackathons and related activities organized at the ecosystem level over three years (2019–2021). The research leveraged participant observations, in-depth interviews with multiple EE actors and archival documents. For the data analysis, this study combined the Gioia method with an abductive approach.FindingsFirst, the study identified 27 operationalizable enablers of IC at the EE level clustered into human, relational and organizational capital and further differentiated these enablers considering the explorative and exploitative facets of IC. Second, it determined that the dynamic interplay across IC enablers is critical for an EE to flourish and evolve adaptively. This study concludes that assessing IC enablers and their dynamics can aid the understanding, evaluation and management of EEs.Originality/valueTo the best of the authors’ knowledge, this study is the first to conceptualize EEs as systems whose purposes include creating the conditions for an effective interplay of explorative and exploitative IC at the system level. The resulting taxonomy of IC enablers provides formative constructs that will benefit both scholars and practitioners investigating the crucial role of intangible resources in EEs and guide managers, entrepreneurs and policymakers in their decision-making processes.

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Since its burst in early 2020, the Covid-19 pandemic has deeply affected every aspect of daily life, from international trade and travelling to restrictions on an individual level, becoming a complex multi-level and highly multi-faceted problem. Due to its overarching influence and deep impact, it can be seen as one of the most disruptive Grand Challenges of our time. Different from most other lasting Grand Challenges, such as Climate Change, the pandemic exerted its influence with little ramp-up, rapidly transforming health and health systems, human lives, goods and economic flows, decision-making mechanisms, research and innovation, and many other aspects of life in a very short span of time.Grand Challenges require extraordinary efforts from society as a whole since they need holistic, effective, collaborative endeavours to solve them. One such unique orchestrated effort can be observed in the subsequent series of virtual massive EUvsVirus (https://www.euvsvirus.org/) events and committed collaborations (‘hackathon’, ‘matchathon’, ‘launchathon’, ‘community’, ‘EIC Covid platform’, and the unparalleled ‘Academia Diffusion Experiment’ [ADE], analysed in chapter “Academia Diffusion Experiment: Trailblazing the Emergence from Co-Creation” of this book).While this chapter explains ‘what’ has been produced with the ADE, inspired by the EUvsVirus phenomenon, the ADE chapter describes ‘how’ it has been done. Both are extremely unique in terms of content, procedure, motivation, collaboration, effects—and they attempt to trailblaze at highest level co-creation, co-evolution, and co-dreaming. Hence, situated as the last chapters of this book.This chapter will shed light on the EUvsVirus events, where over 30,000 individuals from 40 countries came together and addressed the complexity of this massive challenge in a pioneering and groundbreaking way. The chapter is focused on analysing the EUvsVirus hackathon (alongside its mentioned unique spillovers) as a tool, method, and process capable of channelling and activating individuals’ and institutions’ concerns, wills, and commitments into a unique orchestrated open, collaborative response to an urgent Grand Challenge, the pandemic. We are producing a multi-vortex tornado model, resembling the EUvsVirus phenomenon, its components, mechanisms, behaviour and how to replicate it to achieve such disruptive, global organisational effort of co-creation. Especially, the emergence of such collaboration in the face of such urgency leads to the assumption that there are crucial lessons to be learned from this endeavour, quite fittingly encapsulated by these words:‘We are learningThat though we weren't ready for this,We have been readied by it’.Amanda Gorman’s New Year poem (https://amandagormanbooks.com/#the-hill-we-climb-and-other-poems or https://edition.cnn.com/videos/tv/2022/01/06/exp-amanda-gorman-nye-poem.cnn)