A Measurement Tool for the Competitiveness of Startups’ Innovation Ecosystem

A Measurement Tool for the Competitiveness of Startups’ Innovation Ecosystem

In its nature, a startup is dependent on an innovation ecosystem. The innovation ecosystem, as well as the interactions that a startup maintains, aims to create new products, gain access to specific resources, and promote partnerships with other startups and organizations. The innovation ecosystem’s...

Full description

Saved in:
Bibliographic Details
Published in:Journal of the knowledge economy Vol. 15; no. 2; pp. 8262 - 8289
Main Authors: Filho, Pedro Cezar Saccol, Siluk, Julio Cezar Mairesse, de Freitas Michelin, Cláudia, Rigo, Paula Donaduzzi, Júnior, Alvaro Luiz Neuenfeldt, Rosa, Carmen Brum, da Silva, Wesley Vieira
Format: Journal Article
Language:English
Published: New York Springer US 01-06-2024
Springer Nature B.V
Subjects:
Business metrics
Competition
Decision making
Economic Policy
Economics
Economics and Finance
Entrepreneurship
Innovations
Partnerships
R & D/Technology Policy
Stakeholders
Startups
Innovation ecosystem
Performance measurement
Indicators
Competitiveness
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:In its nature, a startup is dependent on an innovation ecosystem. The innovation ecosystem, as well as the interactions that a startup maintains, aims to create new products, gain access to specific resources, and promote partnerships with other startups and organizations. The innovation ecosystem’s importance for a startup’s success is recognized by its managers. However, it is challenging to assess the competitive potential of the innovation ecosystem, such as identifying the positive or negative factors, decision-making on new alliances to improve competitiveness, and promoting improvement actions for the entire scenario. The present research aims to propose a measurement tool to verify the competitiveness performance of startups’ innovation ecosystem in the view of startup managers. Indicators related to the innovation ecosystem were extracted from a systematic literature review and developed based on the Analytic Hierarchy Process (AHP) methodology. The performance measurement tool comprises six Fundamental Points of View (FPV) and 22 Key Performance Indicators (KPI), applied in 46 startups. From the application results in 46 startups, the performance according to the global competitiveness index is between 59.50 and 72.15%, considering the innovation ecosystem is potentially competitive. In contrast, the innovation ecosystem of 79% of startups fails to generate more and better opportunities, providing secure economic advantages for the creation and maintenance of talent. The main contribution of this work is the measurement method we developed to diagnose the competitiveness level of startups’ innovation ecosystem. Stakeholders can apply this model in innovation ecosystems, promoting reflections on which indicators need to be improved to increase the competitiveness of the ecosystem or helping startups choose different ecosystems to promote their business.
ISSN:1868-7873
1868-7865
1868-7873
DOI:10.1007/s13132-023-01170-7