Entrepreneurship as an innovation driver in an industriale ecosystem

Markus Hofmann*, Ferran Giones

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingBook chapterResearchpeer-review

44 Downloads (Pure)

Abstract

Understanding how a new digital technology can translate into a valuable innovation is a challenge for established players and new entrants. For industrial players in an ecosystem, it can be both a threat and an opportunity. Furthermore, the new technologies open collaboration opportunities between corporates and start-ups. But it remains unclear what are the consequences of opening up and whether it has an impact on the innovation dynamics in the industrial ecosystem. We use the case of the wind industry in Denmark, as a maturing industrial ecosystem, to study when and how the new entrants (technology entrepreneurs) have had an impact on the innovation dynamics. We first combine archival data with interviews to build a historical account of the evolution of the industrial ecosystem; then we incorporate data from the new entrants in the industry to specify the types of innovations that the most recent digital technology entrepreneurs have triggered. The results suggest differences in the innovation dynamics depending on the value chain position. While some activities have remained rather closed (for instance, the technological development of the core elements in the wind turbines), the operations and maintenance activities have profited from digital technologies introduced by new entrants. Using these insights, we present and discuss suggestions to institutional actors interested in protecting the innovation leadership of their regional industrial ecosystems.

Original languageEnglish
Title of host publicationDigital technologies : Interfaces between digital technologies and entrepreneurship
EditorsR. Baierl, J. Behrens, A. Brem
Place of PublicationCham
PublisherSpringer
Publication date1. Jan 2019
Pages99-121
Chapter5
ISBN (Print)9783030201371
ISBN (Electronic)9783030201388
DOIs
Publication statusPublished - 1. Jan 2019
SeriesFGF Studies in Small Business and Entrepreneurship
Volume6

Keywords

  • Digital entrepreneurship
  • Digital innovation
  • Innovation ecosystem
  • Wind industry

Fingerprint Dive into the research topics of 'Entrepreneurship as an innovation driver in an industriale ecosystem'. Together they form a unique fingerprint.

Cite this