Exploring Innovation Ecosystem from the Perspective of Sustainability: Towards a Conceptual Framework

With technology advancement, industrial revolution 4.0, businesses nowadays are in competition in terms of product, service and business model innovation. Meanwhile, the emergent socio-ecological crisis is making it increasingly important to identify the impact of business on environment and the soc...

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Main Authors: Zheng Liu, Victoria Stephens
Format: Article
Language:English
Published: Elsevier 2019-07-01
Series:Journal of Open Innovation: Technology, Market and Complexity
Subjects:
Online Access:https://www.mdpi.com/2199-8531/5/3/48
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author Zheng Liu
Victoria Stephens
author_facet Zheng Liu
Victoria Stephens
author_sort Zheng Liu
collection DOAJ
description With technology advancement, industrial revolution 4.0, businesses nowadays are in competition in terms of product, service and business model innovation. Meanwhile, the emergent socio-ecological crisis is making it increasingly important to identify the impact of business on environment and the society. To date, much literature has explored how sustainability might be achieved through firms’ internal research and development, and supply chain collaboration. However, issues such as how different stakeholders including customers, partners, government, and universities can be involved, forming innovation ecosystem in a sustainable way is under-explored. This paper aims to provide connection between innovation and sustainability, through literature review and exploratory case studies. A conceptual framework is generated starting from firm/intra-firm level, to supply chain/inter-firm level, and towards ecosystem level. With emerging themes of innovation from sustainability perspective proposed, the framework can be enriched and validated through future empirical studies.
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spelling doaj.art-a05cbfcc911a4f6cb556e9963b90c9592023-12-02T20:05:11ZengElsevierJournal of Open Innovation: Technology, Market and Complexity2199-85312019-07-01534810.3390/joitmc5030048joitmc5030048Exploring Innovation Ecosystem from the Perspective of Sustainability: Towards a Conceptual FrameworkZheng Liu0Victoria Stephens1Faculty of Business and Society, University of South Wales, Pontypridd CF37 1DL, UKFaculty of Business and Society, University of South Wales, Pontypridd CF37 1DL, UKWith technology advancement, industrial revolution 4.0, businesses nowadays are in competition in terms of product, service and business model innovation. Meanwhile, the emergent socio-ecological crisis is making it increasingly important to identify the impact of business on environment and the society. To date, much literature has explored how sustainability might be achieved through firms’ internal research and development, and supply chain collaboration. However, issues such as how different stakeholders including customers, partners, government, and universities can be involved, forming innovation ecosystem in a sustainable way is under-explored. This paper aims to provide connection between innovation and sustainability, through literature review and exploratory case studies. A conceptual framework is generated starting from firm/intra-firm level, to supply chain/inter-firm level, and towards ecosystem level. With emerging themes of innovation from sustainability perspective proposed, the framework can be enriched and validated through future empirical studies.https://www.mdpi.com/2199-8531/5/3/48Sustainable innovationinnovation ecosystemsustainabilityinnovation
spellingShingle Zheng Liu
Victoria Stephens
Exploring Innovation Ecosystem from the Perspective of Sustainability: Towards a Conceptual Framework
Journal of Open Innovation: Technology, Market and Complexity
Sustainable innovation
innovation ecosystem
sustainability
innovation
title Exploring Innovation Ecosystem from the Perspective of Sustainability: Towards a Conceptual Framework
title_full Exploring Innovation Ecosystem from the Perspective of Sustainability: Towards a Conceptual Framework
title_fullStr Exploring Innovation Ecosystem from the Perspective of Sustainability: Towards a Conceptual Framework
title_full_unstemmed Exploring Innovation Ecosystem from the Perspective of Sustainability: Towards a Conceptual Framework
title_short Exploring Innovation Ecosystem from the Perspective of Sustainability: Towards a Conceptual Framework
title_sort exploring innovation ecosystem from the perspective of sustainability towards a conceptual framework
topic Sustainable innovation
innovation ecosystem
sustainability
innovation
url https://www.mdpi.com/2199-8531/5/3/48
work_keys_str_mv AT zhengliu exploringinnovationecosystemfromtheperspectiveofsustainabilitytowardsaconceptualframework
AT victoriastephens exploringinnovationecosystemfromtheperspectiveofsustainabilitytowardsaconceptualframework