Creating and capturing value in a regional innovation ecosystem: a study of how manufacturing SMEs develop collaborative solutions

Research output: Contribution to journalJournal articlepeer-review

Standard

Creating and capturing value in a regional innovation ecosystem : a study of how manufacturing SMEs develop collaborative solutions. / Radziwon, Agnieszka; Bogers, Marcel; Bilberg, Arne.

In: International Journal of Technology Management, Vol. 75, 2017, p. 73-96.

Research output: Contribution to journalJournal articlepeer-review

Harvard

Radziwon, A, Bogers, M & Bilberg, A 2017, 'Creating and capturing value in a regional innovation ecosystem: a study of how manufacturing SMEs develop collaborative solutions', International Journal of Technology Management, vol. 75, pp. 73-96. https://doi.org/10.1504/IJTM.2017.10006145

APA

Radziwon, A., Bogers, M., & Bilberg, A. (2017). Creating and capturing value in a regional innovation ecosystem: a study of how manufacturing SMEs develop collaborative solutions. International Journal of Technology Management, 75, 73-96. https://doi.org/10.1504/IJTM.2017.10006145

Vancouver

Radziwon A, Bogers M, Bilberg A. Creating and capturing value in a regional innovation ecosystem: a study of how manufacturing SMEs develop collaborative solutions. International Journal of Technology Management. 2017;75:73-96. https://doi.org/10.1504/IJTM.2017.10006145

Author

Radziwon, Agnieszka ; Bogers, Marcel ; Bilberg, Arne. / Creating and capturing value in a regional innovation ecosystem : a study of how manufacturing SMEs develop collaborative solutions. In: International Journal of Technology Management. 2017 ; Vol. 75. pp. 73-96.

Bibtex

@article{9b27fb08d4304d40901a826d9d4e2ef7,
title = "Creating and capturing value in a regional innovation ecosystem: a study of how manufacturing SMEs develop collaborative solutions",
abstract = "We investigate how a set of small and medium sized enterprises (SMEs) can engage in business model development within a regional innovation ecosystem. Based on a case of Danish manufacturing SMEs that developed their local ecosystem in an innovative automation project, we find key drivers and challenges that these companies encountered while creating and capturing value both for them and the ecosystem at large. While the value creation process is enabled by common goals and financial support, companies need to balance their core activities with their commitment to the joint initiative. Moreover, ecosystem development is centrally dependent on the value-capture process, which also takes place at the inter-organisational level. Such open innovation process implies a purposive management of knowledge flows at the level of the innovation ecosystem that fits a multi-layered structure of the business model. Our findings also highlight the underlying connection between the business model and ecosystem concepts.",
author = "Agnieszka Radziwon and Marcel Bogers and Arne Bilberg",
year = "2017",
doi = "10.1504/IJTM.2017.10006145",
language = "English",
volume = "75",
pages = "73--96",
journal = "International Journal of Technology Management",
issn = "0267-5730",
publisher = "Inderscience Publishers",

}

RIS

TY - JOUR

T1 - Creating and capturing value in a regional innovation ecosystem

T2 - a study of how manufacturing SMEs develop collaborative solutions

AU - Radziwon, Agnieszka

AU - Bogers, Marcel

AU - Bilberg, Arne

PY - 2017

Y1 - 2017

N2 - We investigate how a set of small and medium sized enterprises (SMEs) can engage in business model development within a regional innovation ecosystem. Based on a case of Danish manufacturing SMEs that developed their local ecosystem in an innovative automation project, we find key drivers and challenges that these companies encountered while creating and capturing value both for them and the ecosystem at large. While the value creation process is enabled by common goals and financial support, companies need to balance their core activities with their commitment to the joint initiative. Moreover, ecosystem development is centrally dependent on the value-capture process, which also takes place at the inter-organisational level. Such open innovation process implies a purposive management of knowledge flows at the level of the innovation ecosystem that fits a multi-layered structure of the business model. Our findings also highlight the underlying connection between the business model and ecosystem concepts.

AB - We investigate how a set of small and medium sized enterprises (SMEs) can engage in business model development within a regional innovation ecosystem. Based on a case of Danish manufacturing SMEs that developed their local ecosystem in an innovative automation project, we find key drivers and challenges that these companies encountered while creating and capturing value both for them and the ecosystem at large. While the value creation process is enabled by common goals and financial support, companies need to balance their core activities with their commitment to the joint initiative. Moreover, ecosystem development is centrally dependent on the value-capture process, which also takes place at the inter-organisational level. Such open innovation process implies a purposive management of knowledge flows at the level of the innovation ecosystem that fits a multi-layered structure of the business model. Our findings also highlight the underlying connection between the business model and ecosystem concepts.

U2 - 10.1504/IJTM.2017.10006145

DO - 10.1504/IJTM.2017.10006145

M3 - Journal article

VL - 75

SP - 73

EP - 96

JO - International Journal of Technology Management

JF - International Journal of Technology Management

SN - 0267-5730

ER -

ID: 182122351