ECOSYSTEMNESS AND VALUE GENERATION IN ENTREPRENEURSHIP
Abstract
The article is dedicated to exploring the role of ecosystems in the formation and generation of values in modern entrepreneurship. Entrepreneurial ecosystems represent complex networks of interactions between various market participants, united by common goals and interdependent relationships. The article examines key factors that contribute to the successful functioning of entrepreneurial ecosystems, such as complementarity, modularity, innovation, flexibility, and sustainability. Complementarity ensures the synergy of resources and knowledge, enhancing the competitiveness of enterprises, while modularity promotes flexibility in interactions with partners and reduces management costs. The study also focuses on practical recommendations for entrepreneurs regarding the integration of modern technologies and the creation of mutually beneficial partnerships. Focusing on complementarity through the establishment of interdependent relationships with partners allows for increased added value by optimizing the use of resources and knowledge. The integration of modern digital technologies contributes to cost reduction, process automation, and faster adaptation to market changes, thereby increasing the profitability of enterprises. Maintaining modularity ensures flexibility and decentralized management, enabling businesses to respond quickly to changes in market conditions. The results of the study can be useful for managers and entrepreneurs aiming to optimize business processes and ensure sustainable development in volatile market conditions. Understanding the mechanisms of creation and functioning of entrepreneurial ecosystems is crucial for achieving sustainable competitive advantage and effective business management. The integration of digital technologies enhances the efficiency of interactions between ecosystem participants and the creation of added value. Thus, the ecosystem approach allows for creating conditions for sustainable business development and ensuring long-term economic growth and societal well-being.
References
Колот А.М., Герасименко О.О., Шевченко А.С., Бабій Ю.М. Екосистема людських ресурсів організацій як концептологія та прикладна платформа людиноцентризму. Проблеми економіки. 2023. Вип. 3. С. 282–294.
Гриневич Л.М., Морзе Н.В., Вембер В.П., Бойко М.А. Роль цифрових технологій у розвитку екосистеми STEM-освіти. Інформаційні технології і засоби навчання. 2021. № 83 (3). С. 1–25.
Hansong C., Zhen T. The construction of service ecosystem for incubating enterprises in the context of corporate entrepreneurship – A study based on the resource orchestration theory. Science Research Management. 2022. Vol. 43 (5). P. 11.
Волошенюк Л.В., Горностай Н.І., Михальченкова О.Є. Інноваційна екосистема: поняття, функції, рівні інноваційного розвитку, приклади. Наука, технології, інновації. 2020. Вип. 1. С. 3–9.
Зуєв М.І. Сутність та значення публічних механізмів розвитку інноваційної екосистеми України. Ефективність державного управління. 2022. № 72. С. 23–28.
Козлова В.М. Розвиток інноваційного підприємництва в інноваційних екосистемах. Вісник ЛТЕУ. Економічні науки. 2024. № 76. С. 66–74.
Li M., Liu Y. The influence of digital innovation ecosystem of high-end equipment manufacturing on the intelligent maturity of enterprise–an empirical study on the configuration of the “three-layer core-periphery” structure. Business Process Management Journal. 2024. Vol. 1. No 30. P. 199–221.
Knox S., Arshed N. Network governance and coordination of a regional entrepreneurial ecosystem. Regional Studies. 2022. Vol. 7. No 56. P. 1161–1175.
Садовник О.В., Рєпін М.С. Екосистема цифрових інновацій та інноваційне підприємництво. Формування ринкової економіки в Україні. 2022. № 48. С. 42–52.
Замлинський В.А., Жук Н.Л., Осик С.В., Мартіянова М.П. Сучасна бізнес-діагностика: цифрова зрілість та відновлення екосистем. Український журнал прикладної економіки та техніки. 2023. Вип. 3. №8. С. 18–25.
Pham Q.H., Vu K.P. Digitalization in small and medium enterprise: a parsimonious model of digitalization of accounting information for sustainable innovation ecosystem value generation. Asia Pacific Journal of Innovation and Entrepreneurship. 2022. Vol. 16 (1). P. 2–37.
Підоричева І.Ю. Інноваційні екосистеми України: концептуальні засади розвитку в умовах глокалізації та євроінтеграції. Економіка промисловості. 2021. Вип. 2. № 94. С. 5–44.
Воронкова В.Г., Каганов Ю.О., Метеленко Н Г. Формування цінностей цифрового суспільства і цифрової людини в умовах глобалізації та Industry 4. 0. Humanities studies. 2022. Vol. 11 (88). P. 16–25.
Нагара М.Б. Cинергетична модель крос-галузевої екосистеми. Трансформаційна економіка. 2023. Вип. 4. № 4. С. 54–58.
Zhao W., Wang A., Chen Y., Liu W. Investigating inclusive entrepreneurial ecosystem through the lens of bottom of the pyramid (BOP) theory: Case study of Taobao village in China. Chinese Management Studies. 2021. Vol. 15. No 3. P. 613–640.
Jacobides M.G., Cennamo C., Gawer A. Towards a theory of ecosystems. Strategic management journal. 2018. Vol. 39 (8). P. 2255–2276.
Kolot A.M., Herasymenko O.O., Shevchenko A.S., Babiy Y.M. (2023). Ekosystema liudskykh resursiv orhanizatsii yak konceptolohiia ta prykkladna platforma liudynotsentryzmu [The ecosystem of human resources in organisations as a conceptology and applied platform of human-centredness]. Problemy ekonomiky, vol. 3, pp. 282–294. (in Ukrainian)
Hrynevych L.M., Morse N.V., Vember V.P., Boyko M.A. (2021). The role of digital technologies in the development of the STEM education ecosystem [The role of digital technologies in the development of the STEM education ecosystem]. Informatsiini tekhnolohii i zasoby navchannia, no. 83(3), pp. 1–25. (in Ukrainian)
Hansong C., Zhen T. (2022). The construction of service ecosystem for incubating enterprises in the context of corporate entrepreneurship – A study based on the resource orchestration theory. Science Research Management, vol. 43(5), p. 11.
Volosheniuk L.V., Hornostai N.I., Mikhalchenkova O.E. (2020). Innovatsiina ekosystema: poniattia, funktsii, rivni innovatsiinoho rozvytku, pryklady [Innovative ecosystem: concepts, functions, levels of innovation development, examples]. Science, Technologies, Innovations, vol. 1, pp. 3–9. (in Ukrainian)
Zuev M.I. (2022). The essence and significance of public mechanisms for the development of Ukraine's innovation ecosystem [The essence and significance of public mechanisms for the development of Ukraine's innovation ecosystem]. Efficiency of Public Administration, no. 72, pp. 23–28. (in Ukrainian)
Kozlova V.M. (2024). Rozvytok innovatsiinoho pidpryiemnytstva v innovatsiinykh ekosystemakh [Development of innovative entrepreneurship in innovation ecosystems]. Visnyk LTEU. Bulletin of Lviv University of Trade and Economics. Economic Sciences, no. 76, pp. 66–74. (in Ukrainian)
Li M., Liu Y. (2024). The influence of digital innovation ecosystem of high-end equipment manufacturing on the intelligent maturity of enterprise-an empirical study on the configuration of the "three-layer core-periphery" structure. Business Process Management Journal, vol. 30(1), pp. 199–221.
Knox S., Arshed N. (2022). Network governance and coordination of a regional entrepreneurial ecosystem. Regional Studies, vol. 56(7), pp. 1161–1175.
Sadovnyk O.V., Rіepin M.S. (2022). Ekosystema cyfrovykh innovatsii ta innovatsiine pidpryiemnytstvo [Ecosystem of digital innovations and innovative entrepreneurship]. Formuvannia rynkovoi ekonomiky v Ukraini, vol. 48, pp. 42–52. (in Ukrainian)
Zamlynskyi V.A., Zhuk N.L., Osyk S.V., Martiianova M.P. (2023). Suchasna biznes-diahnostyka: tsyfrova zrilyist ta vidnovlennia ekosystem [Modern business diagnostics: digital maturity and ecosystem recovery]. Ukrainian Journal of Applied Economics and Technology, vol. 3(8), pp. 18–25. (in Ukrainian)
Pham Q.H., Vu K.P. (2022). Digitalisation in small and medium enterprise: a parsimonious model of digitalisation of accounting information for sustainable innovation ecosystem value generation. Asia Pacific Journal of Innovation and Entrepreneurship, vol. 16(1), pp. 2–37. (in English)
Pidoricheva I.Yu. (2021). Innovatsiini ekosystemy Ukrainy: kontseptualni zasady rozvytku v umovakh hlokalizatsii ta yevrointehratsii [Innovative ecosystems of Ukraine: conceptual foundations for development in the context of glocalisation and European integration]. Ekonomika promyslovosti, vol. 2(94), pp. 5–44. (in Ukrainian)
Voronkova V.G., Kahanov Y.O., Metelenko N.G. (2022). Formuvannia tsinnostei tsyfrovogo suspilstva i tsyfrovoi liudyny v umovakh hlobalizatsii ta Industry 4.0 [Formation of the values of the digital society and the digital human in the context of globalisation and Industry 4.0]. Humanities Studies, vol. 11(88), pp. 16–25. (in Ukrainian)
Nahara M.B. (2023). Synergistic model of cross-industry ecosystem [Synergistic model of cross-industry ecosystem]. Transformatsiina ekonomika, vol. 4(4), pp. 54–58. (in Ukrainian)
Zhao W., Wang A., Chen Y., Liu W. (2021). Investigating inclusive entrepreneurial ecosystem through the lens of bottom of the pyramid (BOP) theory: A case study of Taobao village in China. Chinese Management Studies, vol. 15(3), pp. 613–640.
Jacobides M.G., Cennamo C., Gawer A. (2018). Towards a theory of ecosystems. Strategic Management Journal, vol. 39(8), pp. 2255–2276.
Copyright (c) 2024 Катерина Бойченко, Микола Сєргєєв
This work is licensed under a Creative Commons Attribution 4.0 International License.
