Innovation and Entrepreneurial Ecosystems as Important Building Blocks

Xu, Zimu; Maas, Gideon

doi:10.1007/978-3-030-11524-1_2

Cited by 14 publications

(22 citation statements)

References 26 publications

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“…Such differences may stem from specific institutions and people who govern and study in these intuitions. As highlighted earlier, in order to foster an effective entrepreneurial culture, organisations must encourage the transformation of people and the environment by encouraging people to engage in innovative behaviour (Xu & Maas, 2019). Furthermore, it is challenging and difficult for small academic institution who offer only diploma or undergraduate programs to facilitate innovation through networking as big or large companies only seeks to build networks with big universities who offer postgraduate degree programs (Baker et al, 2016).…”

Section: Discussionmentioning

confidence: 99%

“…Furthermore, students with innovative personalities tend to engage in more entrepreneurial activities (Lee et al, 2019;Chuah, Ting, Run, & Cheah, 2016). Institutions that facilitate knowledge transfer and spillovers cause students to engage with innovative behaviour, which results in entrepreneurial culture (Block et al, 2017;Xu & Maas, 2019). Others find that entrepreneurial culture is important to foster innovation and improve performance (Leal-Rodríguez, Albort-Morant, & Martelo-Landroguez, 2017).…”

Section: H1mentioning

confidence: 99%

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Cultivating entrepreneurial culture among students in Malaysia

Hassan¹,

Lashari²,

Basit³

2021

EBER

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The objective of the article is to examine the factors influencing the cultivation of entrepreneurship culture among private higher education institutions in Malaysia. Research Design & Methods:A sample of 300 students from private higher education institutions in Cyberjaya, Malaysia, was selected using a convenient sampling technique. The data were analysed using structural equation modeling via AMOS, 22.0. Findings: The result of the study indicates that empowerment is the only factor that has a positive and significant effect on cultivating entrepreneurial culture. We found that all other factors have no significant effect on cultivating entrepreneurial culture in the studied context. Implications & Recommendations: This study will enable education institutions to foster the entrepreneurial spirit among their students by focusing on empowering the students to carry out their tasks. This study recommends empowering students in their learning to promote entrepreneurial culture through the curriculum, assessment designs, and industrial engagement. Contribution & Value Added: This study contributes to the existing literature on promoting entrepreneurial culture among students by establishing the key determinants of entrepreneurial culture through risk-taking behaviour, innovation, creativity, and empowerment. One of the unique aspects of this research is that these four factors are studied together and tested based on what academic institutions in Malaysia do to cultivate entrepreneurial culture among the students. Article type:research article

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Section: Discussionmentioning

confidence: 99%

Section: H1mentioning

confidence: 99%

Cultivating entrepreneurial culture among students in Malaysia

Hassan¹,

Lashari²,

Basit³

2021

EBER

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“…An innovation ecosystem in particular is defined as "interconnected organizations, organized around a focal firm or a platform, and incorporating both production and use side participants, and focusing on the development of new value through innovation" [40,41]. What distinguishes an innovation ecosystem is that universities or other research institutions often play a key role as the main source of research outputs [42].…”

Section: Theoretical Backgroundmentioning

confidence: 99%

Sustainability of Cluster Organizations as Open Innovation Intermediaries

2020

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The purpose of the paper is to identify the most important open innovation practices used by cluster organizations (COs). To reflect these practices, the paper uses the concept of the trajectory of relationship development in COs, applied in the Interizon cluster organization. Additionally, this paper introduces the potential sustainability-related implications of open innovation adoption in cluster organizations. An in-depth direct interview and secondary data analysis were the basic techniques used for data collection. The study demonstrates that cluster organizations can play the role of open innovation intermediaries, implementing a set of different open innovation practices, depending on the level of advancement of cluster cooperation. The use of these practices leads to the development of ever stronger relationships between cluster members, thus conditioning access to the increasingly valuable resources of information and knowledge which are most relevant for the future sustainability-pursuing context. The good effects of multidimensional cooperation in the studied cluster organization prompted the authors to formulate a recommendation for sustainable diversity in the CO. The research goes beyond the state-of-the-art knowledge in the concept of industrial clusters by exposing a broader view on cooperation developed within cluster organizations. The study links the issue of clustering with the concept of open innovation, shedding new light on the processes of supporting knowledge and information flows in COs. Additionally, it contributes to developing a broader comprehension of the context dependencies of open innovation for potential sustainable innovation.

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“…In the attempt to improve the efficiency of operation with scarce resources, enterprises do not function in isolation but undertake entrepreneurial activity within a community of interdependent actors. The process of commercialising an idea encompasses numerous parties, and the creation of entrepreneurial and innovation ecosystems has been considered to be an effective way to nurture and support this process [1].…”

Section: Introductionmentioning

confidence: 99%

Innovation and Entrepreneurial Ecosystems

Ianioglo¹

2022

Innovation, Research and Development and Capital Evaluation

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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.

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Innovation and Entrepreneurial Ecosystems as Important Building Blocks

Cited by 14 publications

References 26 publications

Cultivating entrepreneurial culture among students in Malaysia

Cultivating entrepreneurial culture among students in Malaysia

Sustainability of Cluster Organizations as Open Innovation Intermediaries

Innovation and Entrepreneurial Ecosystems

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