Fostering Innovation Ecosystems: Enablers and Challenges

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The concept of "innovation ecosystems" is emerging as a useful lens for organizing innovation activities and was the focus of the 2017 ISPIM Innovation Forum in Toronto on which this note is based. Little is known about the underlying drivers of innovation ecosystems or the different approaches for fostering them, but this note contributes three approaches to fostering innovation ecosystems as defined by the main actor driving the ecosystem - the connector, the attractor and the facilitator. By way of example, we illustrate the inherent enablers and challenges associated with fostering innovation ecosystems. These include pertinent issues such as location, ecosystem stakeholders, mutual interests, and necessary resources. We conclude by offering some recommendations for future research.
Original languageEnglish
Title of host publicationProceedings of the XXXIII ISPIM Innovation Conference 2022 : Innovating in a Digital World
EditorsLeandro Bitetti, Iain Bitran, Steffen Conn, Jessica Fishburn, Eelko Huizingh, Marko Torkkeli, Jialei Yang
Number of pages6
Place of PublicationLappeenranta
PublisherLappeenranta University of Technology
Publication date2022
ISBN (Print)9789523356948
Publication statusPublished - 2022
EventXXXIII ISPIM Innovation Conference 2022: Innovating in a Digital World - Radisson Blu Hotel, Copenhagen, Denmark
Duration: 5 Jun 20228 Jun 2022
Conference number: 33


ConferenceXXXIII ISPIM Innovation Conference 2022
LocationRadisson Blu Hotel
Internet address
SeriesLUT Scientific and Expertise Publications


  • Innovation management
  • Open innovation
  • Stakeholders
  • Business models
  • Organizational ecology

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