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Journal ArticleDOI

Value creation by knowledge‐based ecosystems: evidence from a field study

TLDR
In this article, the authors identify two key sources of value creation in knowledge-based ecosystems: facilitation of the innovation process for individual companies and creation of an innovation community, and the coevolution of the ecosystem's business model with firm-level business models explains why technology-based firms join, stay in or leave the ecosystem at a certain point in time.
Abstract
A growing number of research and development-driven companies are located in knowledge-based ecosystems. Value creation by these ecosystems draws on the dynamics of single firms (interacting and partnering) as well as the ecosystem at large. Drawing on a field study of a Dutch high-tech campus, two key sources of value creation are identified: (1) facilitation of the innovation process for individual companies and (2) creation of an innovation community. Furthermore, the coevolution of the ecosystem's business model with firm-level business models explains why technology-based firms join, stay in, or leave the ecosystem at a certain point in time. A remarkable finding is that ecosystem managers have to deliberately facilitate exit routes for companies that no longer fit the ecosystem in order to enhance and reinforce its business model. As such, this study suggests a dynamic capability perspective on knowledge-based ecosystems that need to develop a business model at the ecosystem level to create sufficient innovative capacity and entrepreneurial fitness.

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Journal ArticleDOI

The relational organization of entrepreneurial ecosystems

TL;DR: In this paper, the persistence of high-growth entrepreneurship within regions is explained by a theoretical concept of "Entrepreneurial Ecosystems", which is a popular concept to explain the persistence and resilience of high growth within regions.
Journal ArticleDOI

Creating and Capturing Value: Strategic Corporate Social Responsibility, Resource-Based Theory, and Sustainable Competitive Advantage

TL;DR: In this paper, the authors analyze the creation and capture of private and social value by firms that adopt corporate social responsibility (CSR) strategies, defined as any responsible activity that allows a firm to achieve a sustainable competitive advantage, regardless of motive.
Journal ArticleDOI

The open innovation research landscape: established perspectives and emerging themes across different levels of analysis

TL;DR: In this article, the authors present opportunities for future research on OI, organized at different levels of analysis, and discuss some of the contingencies at these different levels, and argue that future research needs to study OI - originally an organisational-level phenomenon.

La gestión del conocimiento y su influencia en las capacidades dinámicas: Contrastación empírica en Empresas Colombianas Intensivas en uso de conocimiento

TL;DR: Tesis de investigación presentada como requisito for optar al titulo de Magister en Administracion MSc. as mentioned in this paper, linea de Investigación: Gestion del Conocimiento y Capacidades Dinamicas.
References
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Journal ArticleDOI

Exploration and Exploitation in Organizational Learning

TL;DR: In this paper, the authors consider the relation between the exploration of new possibilities and the exploitation of old certainties in organizational learning and examine some complications in allocating resources between the two, particularly those introduced by the distribution of costs and benefits across time and space.
Journal ArticleDOI

Knowledge of the Firm, Combinative Capabilities, and the Replication of Technology

TL;DR: In this paper, the authors argue that what firms do better than markets is the sharing and transfer of the knowledge of individuals and groups within an organization, and that knowledge is held by individuals but is also expressed in regularities by which members cooperate in a social community (i.e., group, organization, or network).
Journal ArticleDOI

Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance

TL;DR: In this paper, the authors draw on the social and behavioral sciences in an endeavor to specify the nature and microfoundations of the capabilities necessary to sustain superior enterprise performance in an open economy with rapid innovation and globally dispersed sources of invention, innovation, and manufacturing capability.
Book

Open Innovation: The New Imperative for Creating and Profiting from Technology

TL;DR: Open Innovation: The New Imperative for Creating and Profiting From Technology as discussed by the authors is a book by Henry Chesbrough, which discusses the importance of open innovation for creating and profiting from technology.
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