Entrepreneurial Ecosystems Meet Innovation Systems
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Entrepreneurial Ecosystems Meet Innovation Systems

Synergies, Policy Lessons and Overlooked Dimensions

Edited by Alexandra Tsvetkova, Jana Schmutzler and Rhiannon Pugh

This book presents multidisciplinary research that expands our understanding of the innovation system (IS) and the entrepreneurial ecosystem (EE) perspectives on regional economic development. It critically reviews the two concepts and explores the promise and the limits of bridging IS and EE, particularly as applied outside of the bubbling global hubs or to the types of entrepreneurship different from the high-growth variety.
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Chapter 2: Bridging the literature on innovation systems and entrepreneurial ecosystems: Cross-fertilizations for understanding knowledge-intensive, social and environmental entrepreneurship

Renata Lèbre La Rovere, Marcelo Gerson Pessoa de Matos, Guilherme de Oliveira Santos and Antonio Pedro da Costa e Silva Lima

Abstract

This chapter aims to discuss possibilities of bridging the innovation systems (IS) and the entrepreneurial ecosystems (EE) literatures. While the former explains how actors interact on innovation development and how institutions contribute to this process, the latter focuses on the entrepreneur as the unit of analysis. However, both literatures are important to explain why and how firms innovate. Thus, we analyze the main similarities and differences between the entrepreneurial ecosystems and the innovation systems approaches regarding three critical dimensions: the individual, the firm/organization and the institutional context. We also highlight three types of entrepreneurship that demonstrate the benefits of integrating the two literatures: knowledge-intensive entrepreneurship, social entrepreneurship and green entrepreneurship. After the introduction, section 2 presents the IS and EE literatures and section 3 their similarities and differences. Section 4 presents the concepts that require an integration of IS and EE and section 5 the conclusions.

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