Schumpeter meets Teece: Proposed metrics for assessing entrepreneurial innovation and dynamic capabilities in entrepreneurial ecosystems in an emerging economy

Based on the dynamic capabilities framework and the concept of entrepreneurial innovation, we identify a set of metrics that can be used to assess innovation and entrepreneurial ecosystems in an emerging economy. These metrics allow us to analyze how such ecosystems develop key capabilities and how...

Full description

Saved in:
Bibliographic Details
Published inResearch policy Vol. 53; no. 5; p. 104984
Main Authors Guerrero, Maribel, Siegel, Donald S.
Format Journal Article
LanguageEnglish
Published Elsevier B.V 01.06.2024
Subjects
Dynamic capabilities
Emerging economy
Entrepreneurial ecosystem
Entrepreneurial innovation
Innovation ecosystem
Metrics
Entrepreneurial ecosystem
L26
Dynamic capabilities
Emerging economy
Metrics
E00
Innovation ecosystem
M13
Entrepreneurial innovation
Online AccessGet full text

Cover

More Information
Summary:Based on the dynamic capabilities framework and the concept of entrepreneurial innovation, we identify a set of metrics that can be used to assess innovation and entrepreneurial ecosystems in an emerging economy. These metrics allow us to analyze how such ecosystems develop key capabilities and how they generate economic and social value. We also assess the relationship between entrepreneurial innovation, ecosystems, and socio-economic impact. •Entrepreneurial innovations as a metric for capturing entrepreneurial/innovation eco-systems impacts•The entrepreneurial/innovation eco-systems as a measure of regional dynamic capabilities•The entrepreneurial/innovation eco-systems as an antecedent of dynamic organizational capabilities•Mixed subjective/objective metrics applied in the short-term as a strategic dynamic eco-systems capabilities management
ISSN:0048-7333
1873-7625
DOI:10.1016/j.respol.2024.104984