Exploring the relational dimension in a smart innovation ecosystem: a comprehensive framework to define the network structure and the network portfolio

Abstract This study analyses the relational dimension and the knowledge transfer mechanisms in an innovation ecosystems (IEs), assuming that the bottom-up creation of synergies and cooperative mechanisms between local actors are the drivers of a regional smart growth. More specifically, the study e...

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Main Authors: Panetti, Eva, Parmentola, Adele, Ferretti, Marco, Reynolds, Elisabeth B
Other Authors: Massachusetts Institute of Technology. Department of Urban Studies and Planning
Format: Article
Language:English
Published: Springer US 2021
Online Access:https://hdl.handle.net/1721.1/131814
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author Panetti, Eva
Parmentola, Adele
Ferretti, Marco
Reynolds, Elisabeth B
author2 Massachusetts Institute of Technology. Department of Urban Studies and Planning
author_facet Massachusetts Institute of Technology. Department of Urban Studies and Planning
Panetti, Eva
Parmentola, Adele
Ferretti, Marco
Reynolds, Elisabeth B
author_sort Panetti, Eva
collection MIT
description Abstract This study analyses the relational dimension and the knowledge transfer mechanisms in an innovation ecosystems (IEs), assuming that the bottom-up creation of synergies and cooperative mechanisms between local actors are the drivers of a regional smart growth. More specifically, the study explores the configuration of the network structure and the variety of inter-organizational relationships in a case of a smart IE by capturing the heterogeneous nature of IE demography, whether most studies limit their analyses to inter-firm relationships and at the node-level. Secondly, the paper provides insights into the network portfolio composition, which has been underexplored in IE literature, allowing for the identification of those relationships considered more fruitful to enhance innovation processes from a local perspective. To capture both aspects of IE’s relational dimension (i.e. network structure and network portfolio of relationships) our paper adopts an explorative approach, by taking evidence from the empirical study of the biopharma IE in greater Boston area, which has been exemplified as a successful case. Our empirical study combines two methods, namely social network analysis and expert interviews. Firstly, we conduct a social network analysis to gain insights about the optimal network structure and secondly, we conduct a round of semi-structured interviews with key stakeholders in the ecosystem to explore the characteristics of the desirable network portfolio. Our findings show that a smart IE presents an open network structure with structural holes, a high level of modularity and a portfolio of relationships that privileges informal and non-redundant ties within small communities focused on specific themes.
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spelling mit-1721.1/1318142023-11-07T20:16:40Z Exploring the relational dimension in a smart innovation ecosystem: a comprehensive framework to define the network structure and the network portfolio Panetti, Eva Parmentola, Adele Ferretti, Marco Reynolds, Elisabeth B Massachusetts Institute of Technology. Department of Urban Studies and Planning Abstract This study analyses the relational dimension and the knowledge transfer mechanisms in an innovation ecosystems (IEs), assuming that the bottom-up creation of synergies and cooperative mechanisms between local actors are the drivers of a regional smart growth. More specifically, the study explores the configuration of the network structure and the variety of inter-organizational relationships in a case of a smart IE by capturing the heterogeneous nature of IE demography, whether most studies limit their analyses to inter-firm relationships and at the node-level. Secondly, the paper provides insights into the network portfolio composition, which has been underexplored in IE literature, allowing for the identification of those relationships considered more fruitful to enhance innovation processes from a local perspective. To capture both aspects of IE’s relational dimension (i.e. network structure and network portfolio of relationships) our paper adopts an explorative approach, by taking evidence from the empirical study of the biopharma IE in greater Boston area, which has been exemplified as a successful case. Our empirical study combines two methods, namely social network analysis and expert interviews. Firstly, we conduct a social network analysis to gain insights about the optimal network structure and secondly, we conduct a round of semi-structured interviews with key stakeholders in the ecosystem to explore the characteristics of the desirable network portfolio. Our findings show that a smart IE presents an open network structure with structural holes, a high level of modularity and a portfolio of relationships that privileges informal and non-redundant ties within small communities focused on specific themes. 2021-09-20T17:30:22Z 2021-09-20T17:30:22Z 2019-05-02 2020-11-24T04:41:08Z Article http://purl.org/eprint/type/JournalArticle https://hdl.handle.net/1721.1/131814 en https://doi.org/10.1007/s10961-019-09735-y Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use. Springer Science+Business Media, LLC, part of Springer Nature application/pdf Springer US Springer US
spellingShingle Panetti, Eva
Parmentola, Adele
Ferretti, Marco
Reynolds, Elisabeth B
Exploring the relational dimension in a smart innovation ecosystem: a comprehensive framework to define the network structure and the network portfolio
title Exploring the relational dimension in a smart innovation ecosystem: a comprehensive framework to define the network structure and the network portfolio
title_full Exploring the relational dimension in a smart innovation ecosystem: a comprehensive framework to define the network structure and the network portfolio
title_fullStr Exploring the relational dimension in a smart innovation ecosystem: a comprehensive framework to define the network structure and the network portfolio
title_full_unstemmed Exploring the relational dimension in a smart innovation ecosystem: a comprehensive framework to define the network structure and the network portfolio
title_short Exploring the relational dimension in a smart innovation ecosystem: a comprehensive framework to define the network structure and the network portfolio
title_sort exploring the relational dimension in a smart innovation ecosystem a comprehensive framework to define the network structure and the network portfolio
url https://hdl.handle.net/1721.1/131814
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