Development of entrepreneurial ecosystem model with an innovative ecosystem the approach in in creating value in knowledge-based businesses

Subject Areas :

Iman Jalilian ¹ (Department of Industrial Management, Central Tehran Branch, Islamic Azad University, Tehran, Iran)
Mohammad Reza Kabaranzadeh Ghadim ² (Associate Professor, Department of industrial management, Centeral Tehran Branch, Islamic Azad University, Tehran, Iran)
Nosratoollah Shadnoush ³ (Department of Executive Management, Central Tehran Branch, Islamic Azad University, Tehran, Iran.)
Jamshid Edalatian ⁴ (Department of Industrial Management, Central Tehran Branch, Islamic Azad University, Tehran, Iran )

Received: 2023-06-18 Accepted : 2023-08-11 Published : 2024-07-27

Keywords: Entrepreneurial Ecosystem, Innovative ecosystem, Knowledge-Based Companies Human Capital, Financial Capital,

Abstract :

The entrepreneurial ecosystem with the approach of innovative ecosystems is a new and emerging path in the direction of skill development for entrepreneurs all over the world, which examines all opportunities and threats by expanding the interests and causes the growth and maturity and evolution of entrepreneurship at all its high levels. The aim of the current research is to develop an entrepreneurial ecosystem model with an innovative ecosystem approach in knowledge-based businesses in the field of technology located in the Science and Technology Park of Tehran University. In this regard, through interviews with 20 academic experts and entrepreneurs related to the field of research, the field under study was investigated with a qualitative method. The analysis of information in the qualitative section has been carried out by the method of theme analysis. The results of the research showed that the entrepreneurial ecosystem model can be designed with the approach of Innovative ecosystem in six categories of human capital, financial capital, market capital, cultural capital, political capital and support capital, and each of these sectors had different subsystems. It was also concluded that paying attention to the development of the entrepreneurial ecosystem model has results such as the development of innovation and entrepreneurship and the creation of sustainable employability.

References:

1. Ács, Z. J., Szerb, L., Lafuente, E., & Lloyd, A. (2018). The entrepreneurial ecosystem and Global prosperity. In Global entrepreneurship and development index 2018 (pp. 11-19). Springer.
2. Ali, M. A., Kabil, M., Alayan, R., Magda, R., & Dávid, L. D. (2021). Entrepreneurship Ecosystem Performance in Egypt: An Empirical Study Based on the Global Entrepreneurship Index (GEI). Sustainability, 13(13), 7171.
3. Amolo, J., & Migiro, S. O. (2015). An entrepreneurial flair development: the role of an ecosystem. Problems and Perspectives in Management(13, Iss. 2 (spec. iss. 1)), 495-505.
4. Audretsch, D. B., Cunningham, J. A., Kuratko, D. F., Lehmann, E. E., & Menter, M. (2019). Entrepreneurial ecosystems: economic, technological, and societal impacts. The Journal of Technology Transfer, 44(2), 313-325.
5. Auschra, C., Schmidt, T., & Sydow, J. (2019). Entrepreneurial ecosystems as fields: Integrating meso-level institutional theory. Zeitschrift für Wirtschaftsgeographie, 63(2-4), 64-78.
6. Bertello, A., Battisti, E., De Bernardi, P., & Bresciani, S. (2022). An integrative framework of knowledge-intensive and sustainable entrepreneurship in entrepreneurial ecosystems. Journal of Business Research, 142, 683-693.
7. Bouncken, R. B., & Kraus, S. (2022). Entrepreneurial ecosystems in an interconnected world: emergence, governance and digitalization. Review of Managerial Science, 16(1), 1-14.
8. Cho, D. S., Ryan, P., & Buciuni, G. (2022). Evolutionary entrepreneurial ecosystems: A research pathway. Small Business Economics, 58(4), 1865-1883.
9. Christian, R. (2009). Concepts of ecosystem, level and scale. Ecology, 1, 34.
10. Colombelli, A., Paolucci, E., & Ughetto, E. (2019). Hierarchical and relational governance and the life cycle of entrepreneurial ecosystems. Small Business Economics, 52(2), 505-521.
11. Cunningham, J. A., Menter, M., & Wirsching, K. (2019). Entrepreneurial ecosystem governance: A principal investigator-centered governance framework. Small Business Economics, 52(2), 545-562.
12. Davari, A., & Najmabadi, A. D. (2018). Entrepreneurial ecosystem and performance in Iran. In Entrepreneurship Ecosystem in the Middle East and North Africa (MENA) (pp. 265-282). Springer.
13. Davari, A., Sefidbari, L., & Baghersad, V. (2017). The factors of entrepreneurial ecosystem in Iran Based on Isenberg’s Model. Journal of Entrepreneurship Development, 10(1), 101-120. https://doi.org/10.22059/jed.2017.62306
14. Durst, S., & Poutanen, P. (2013). Success factors of innovation ecosystems-Initial insights from a literature review. Co-create, 2013, 27.
15. Entezari, Y. (2015). Building knowledge-based entrepreneurship ecosystems: Case of Iran. Procedia-Social and Behavioral Sciences, 195, 1206-1215.
16. Entezari, Y. (2018). Innovative Entrepreneurship Ecosystem: General Patterns and its lessons for Iran. Journal of Entrepreneurship Development, 11(1), 21-40. https://doi.org/10.22059/jed.2018.255394.652556
17. Etzkowitz, H. (2019). The second academic revolution: antecedents and consequences of academic entrepreneurship. In Handbook of Universities and Regional Development. Edward Elgar Publishing.
18. Farahmandmehr, A., Sharififar, F., & Nikbakhsh, R. (2019). Designing and Explaining the framework of Entrepreneurship Ecosystem in Sport. Sport Management and Development, 8(1), 64-83. https://doi.org/10.22124/jsmd.1970.3453
19. Fuerlinger, G., Fandl, U., & Funke, T. (2015). The role of the state in the entrepreneurship ecosystem: insights from Germany. Triple Helix, 2(1), 1-26.
20. gholami, a., & Moohamadzadeh, F. (2017). The Assessment of Utility and the Role of Rural Entrepreneurship Ecosystem in West Azerbaijan Province. Geography and Environmental Sustainability, 7(2), 83-101. https://ges.razi.ac.ir/article_789_3a540925442d7916083f46e86b2a9b78.pdf
21. Gorman, G. G., & McCarthy, S. (2006). Business development support and knowledge-based businesses. The Journal of Technology Transfer, 31(1), 131-143.
22. Hosseini, E., Ardekani, S. S., Sabokro, M., & Salamzadeh, A. (2022). The study of knowledge employee voice among the knowledge-based companies: the case of an emerging economy. Revista de Gestão.
23. Isenberg, D. (2011). The entrepreneurship ecosystem strategy as a new paradigm for economic policy: Principles for cultivating entrepreneurship. Presentation at the Institute of International and European Affairs, 1(781), 1-13.
24.
Jafari Sangari, I., Alvani, S. M., Mousakhani, M., Davari, A., & Khoonsiavash, M. (2019). Design of a regional entrepreneurship ecosystem model in Iran. Journal of System Management, 5(2), 21-40.
25. Kantur, D. (2016). Strategic entrepreneurship: mediating the entrepreneurial orientation-performance link. Management decision.
26. kordheydari, r., Mansouri Moayyed, F., & Khodadad Hoseini, h. (2019). Metasynthesis of Factors Affecting to Develop Startups in New Technology-Based Firms in Entrepreneurial Ecosystem. Journal of Entrepreneurship Development, 12(1), 141-160. https://doi.org/10.22059/jed.2019.279279.652965
27. Meshram, S., & Rawani, A. M. . (2018). ENTREPRENEURIAL ECOSYSTEM INSIGHTS: A REVIEW. International Journal of Mechanical Engineering and Technology, 9(3), 348-356.
28. Mujahid, S., Mubarik, S., & Naghavi, N. (2019).
Prioritizing dimensions of entrepreneurial ecosystem: a proposed framework. Journal of Global Entrepreneurship Research, 9(1), 1-21.
29. Nambisan, S., & Baron, R. A. (2013). Entrepreneurship in innovation ecosystems: Entrepreneurs’ self–regulatory processes and their implications for new venture success. Entrepreneurship theory and practice, 37(5), 1071-1097.
30. Roundy, P. T., & Fayard, D. (2019). Dynamic capabilities and entrepreneurial ecosystems: The micro-foundations of regional entrepreneurship. The Journal of Entrepreneurship, 28(1), 94-120.
31. Salamzadeh, A., Tajpour, M., & Hosseini, E. (2022). Measuring the impact of simulation-based teaching on entrepreneurial skills of the MBA/DBA students. In Technology and Entrepreneurship Education (pp. 77-104). Springer.
32. Spigel, B. (2017). The relational organization of entrepreneurial ecosystems. Entrepreneurship theory and practice, 41(1), 49-72.
33. Stam, E. (2015). Entrepreneurial ecosystems and regional policy: a sympathetic critique. European planning studies, 23(9), 1759-1769.
34. Stam, E., & Van de Ven, A. (2021). Entrepreneurial ecosystem elements. Small Business Economics, 56(2), 809-832. 35. Stam, F., & Spigel, B. (2016). Entrepreneurial ecosystems. USE Discussion paper series, 16(13).
36. Tajpour, M., Hosseini, E., Mohammadi, M., & Bahman-Zangi, B. (2022). The Effect of Knowledge Management on the Sustainability of Technology-Driven Businesses in Emerging Markets: The Mediating Role of Social Media. Sustainability, 14(14), 8602
. 37. Wurth, B., Stam, E., & Spigel, B. (2022). Toward an entrepreneurial ecosystem research program. Entrepreneurship Theory and Practice, 46(3), 729-778
. 38. Yuan, X., Hao, H., Guan, C., & Pentland, A. (2022). Which factors affect the performance of technology business incubators in China? An entrepreneurial ecosystem perspective. Plos one, 17(1), e0261922