2023 (20), №3

Basic Strategies for the Behaviour of Industry as a Participant in Regional Innovation Ecosystems

For citation: 

Akberdina, V. V., & Vasilenko, E. V. (2023). Basic Strategies for the Behaviour of Industry as a Participant in Regional Innovation Ecosystems. AlterEconomics, 20(3), 548–569. https://doi.org/10.31063/AlterEconomics/2023.20-3.4

Abstract:

Contemporary industrial businesses operate in dynamic and complex environments, often constrained by the limitations of the existing tools and methodologies. This highlights the necessity for innovative approaches that promote economic growth and innovation, tailored to the unique characteristics of industrial enterprises and their operational contexts. This article explores the application of the ecosystem approach and the concept of industrial ecosystems to outline essential strategies for industry participation in regional innovation ecosystems. The primary objective of this study is to establish a typology of the core strategies for industry involvement in regional innovation ecosystems. Following a comprehensive review and categorization of literature in this field, the authors propose a typology comprising eight distinct strategies: “Orchestration”, “Affiliation”, “Innovative transformation”, “Digital transformation”, “Ecological transformation”, “HR-transformation”, “Ecosystem as a tool of state policy”, “Ecosystem as a tool of competition for industrial enterprise”. These strategies are organized based on three key criteria: the scale of the industrial enterprise; its objectives in the context of Industry 4.0 transformation; and the entity responsible for initiating the creation of the regional innovation ecosystem. This research offers valuable insights for scholars engaged in the study of ecosystems, the development of industrial enterprises, and regional growth. Additionally, these findings provide industrial enterprises with a guiding framework for strategic decision-making. Furthermore, this study contributes to the development of evidence-based approaches for state policies aimed at fostering regional development.

PDF full
Downloaded: 47

Viktoria V. Akberdina — Dr. Sci. (Econ.), Professor, Corresponding Member of Russian Academy of Sciences, Institute of Economics of the Ural Branch of the Russian Academy of Sciences; http://orcid.org/0000-0002-6463-4008 (29, Moskovskaya St., Ekaterinburg, Russian Federation; e-mail: akb_vic@mail.ru).

Elizaveta V. Vasilenko — PhD Student, Junior Research Associate of Centre for Structural Policy Research, Institute of Economics of the Ural Branch of the Russian Academy of Sciences; http://orcid.org/0000-0001-5846-2185 (29, Moskovskaya St., Ekaterinburg, Russian Federation; e-mail: elisabet.vasilenko@gmail.com).

Aguiñaga, E. (2020). Industrial Synergies from “Hidden Structures” of Knowledge. Towards the Foundations of Industrial Ecosystems. Teuken Bidikay — Revista Latinoamericana De Investigación En Organizaciones, Ambiente Y Sociedad, 11 (16), 91–110. https://doi.org/10.33571/teuken.v11n16a4

Ahokangas, P., Matinmikko-Blue, M., Yrjölä, S., & Hämmäinen, H. (2021). Platform Configurations for Local and Private 5G Networks in Complex Industrial Multi-Stakeholder Ecosystems. Tele­communications Policy, 45 (5), 102128. https://doi.org/10.1016/j.telpol.2021.102128

Amarfii-Railean, N. (2018). Industrial Ecosystems as a Catalyst of Economic Development and Growth in the Frame of Industrial Revolution 4.0. The Yearbook of the “Gh. Zane” Institute of Economic Researches, 27 (1), 13–26.

Andreoni, A. (2018). The Architecture and Dynamics of Industrial Ecosystems: Diversification and Innovative Industrial Renewal in Emilia Romagna. Cambridge Journal of Economics, 42 (6), 1613–1642. https://doi.org/10.1093/cje/bey037

Ashton, W. S. (2009). The Structure, Function, and Evolution of a Regional Industrial Ecosystem.
Journal of Industrial Ecology, 13 (2), 228–246. https://doi.org/10.1111/j.1530-9290.2009.00111.x

Autio, E., & Thomas, L. D. W. (2014). Innovation Ecosystems: Implications for Innovation Management. The Oxford Handbook of Innovation Management (pp. 204–228). Oxford: Oxford University Press.

Babkin, A., Glukhov, V., Shkarupeta, E., Kharitonova, N., & Barabaner, H. (2021). Methodology for Assessing Industrial Ecosystem Maturity in the Framework of Digital Technology Implementation. International Journal of Technology, 12 (7), 1397–1406. https://doi.org/10.14716/ijtech.v12i7.5390

Bacon, E., Williams, M. D., & Davies, G. H. (2019). Recipes for Success: Conditions for Knowledge transfer across Open Innovation Ecosystems. International Journal of Information Management, 49, 377–387. https://doi.org/10.1016/j.ijinfomgt.2019.07.012

Burström, T., Parida, V., Lahti, T., & Wincent, J. (2021). AI-Enabled Business-Model Innovation and Transformation in Industrial Ecosystems: A Framework, Model and Outline for Further Research. Journal of Business Research, 127, 85–95. https://doi.org/10.1016/j.jbusres.2021.01.016

Chang, Y., Ming, X., Chen, Zh., Zhou, T., Liao, X., & Song, W. (2023). Stakeholder Requirement Evaluation of Smart Industrial Service Ecosystem under Pythagorean Fuzzy Environment for Complex Industrial Contexts: A Case Study of Renewable Energy Park. Advanced Engineering Informatics, 55. https://doi.org/10.1016/j.aei.2022.101823

Duan, W., Madasi, J. D., & Khurshid, A. (2022). How Network Structure and Exchange Rate Volatility Drive the Industrial Ecosystem towards Collapse: A Global Perspective. Economic Research-Ekonomska Istraźivanja, 36 (1), 1688–1707. https://doi.org/10.1080/1331677X.2022.2092524

Fraccascia, L., & Giannoccaro, I., Albino, V. (2021). Ecosystem Indicators for Measuring Industrial Symbiosis. Ecological Economics, 183. https://doi.org/10.1016/j.ecolecon.2021.106944

Gamidullaeva, L. А. (2023). Promyshlennyy klaster regiona kak lokalizovannaya ekosistema: rol’ faktorov samoorganizatsii i kollaboratsii [Industrial Cluster of the Region as a Localized Ecosystem: The Role of Selforganization and Collaboration Factors]. π-Economy, 16 (1), 62–82. https://doi.org/10.18721/JE.16105. (In Russ.)

Gawer, A., & Cusumano, M. A. (2013). Industry Platforms and Ecosystem Innovation. Journal of Product Innovation Management, 31 (3), 417–433. https://doi.org/10.1111/jpim.12105

Jo, S.-S., Han, H., Leem, Y., & Lee, S.-H. (2021). Sustainable Smart Cities and Industrial Ecosystem: Structural and Relational Changes of the Smart City Industries in Korea. Sustainability, 13 (17), 9917. https://doi.org/10.3390/su13179917

Kim, S.-Y. (2019). Hybridized Industrial Ecosystems and the Makings of a New Developmental Infrastructure in East Asia’s Green Energy Sector. Review of International Political Economy, 26 (1), 158–182. https://doi.org/10.1080/09692290.2018.1554540

Korhonen, J., Wihersaari, M., & Savolainen, I. (2001). Industrial Ecosystem in the Finnish Forest Industry: Using the Material and Energy Flow Model of a Forest Ecosystem in a Forest Industry System. Ecological Economics, 39 (1), 145–161. https://doi.org/10.1016/S0921-8009(01)00204-X

Lowe, E. A, & Evans, L. K. (1995). Industrial Ecology and Industrial Ecosystems. Journal of Cleaner Production, 3 (1–2), 47–53. https://doi.org/10.1016/0959-6526(95)00045-G

Lyu, Y., Tian, J., & Chen, L. (2023). Enabling Sustainable Chemical Manufacturing from Product to Industrial Ecosystem. Resources, Conservation & Recycling, 192, 106915. https://doi.org/10.1016/j.resconrec.2023.106915

Marković, G., Sučić, S., & Tabak, Z. (2022). Capabilities for Platform Ecosystem Adoption: The Case of an Industrial Incumbent Company. 2022 45th Jubilee International Convention on Information, Communication and Electronic Technology (MIPRO), Opatija, Croatia, (pp. 95–100). https://doi.org/10.23919/MIPRO55190.2022.9803652

Nambisan, S., & Baron, R. A. (2021). On the Costs of Digital Entrepreneurship: Role Conflict, Stress, and Venture Performance in Digital Platform-Based Ecosystems. Journal of Business Research, 125, 520–532. https://doi.org/10.1016/j.jbusres.2019.06.037

Öberg, Ch., & Alexander, A. T. (2019). The Openness of Open Innovation in Ecosystems — Integrating Innovation and Management Literature on Knowledge Linkages. Journal of Innovation & Knowledge, 4 (4), 211–218. https://doi.org/10.1016/j.jik.2017.10.005

Oksanen, K., & Hautamäki, A. (2015). Sustainable Innovation: A Competitive Advantage for Innovation Ecosystems. Technology Innovation Management Review, 5 (10), 24–30.

Parida, V., Burström, T., Visnjic, I., & Wincent, J. (2019). Orchestrating Industrial Ecosystem in Circular Economy: A Two-Stage Transformation Model for Large Manufacturing Companies. Journal of Business Research, 101, 715–725. https://doi.org/10.1016/j.jbusres.2019.01.006

Pattinson, S., Nicholson, J. D., Ehret, M., Velu, Ch., & Ryan, P. (2023). Innovation Ecosystems in B2B Contexts: Owning the Space. Industrial Marketing Management, 108, A1-A9. https://doi.org/10.1016/j.indmarman.2022.11.004

Rubio, J. E., Roman, R., Alcaraz, C., & Zhang, Y. (2019). Tracking APTs in Industrial Ecosystems: A Proof of Concept. Journal of Computer Security, 27 (2), 1–26. https://doi.org/10.3233/JCS-191293

Sjödin, D., Parida, V., & Visnjic, I. (2022). How Can Large Manufacturers Digitalize Their Business Models? A Framework for Orchestrating Industrial Ecosystems. California Management Review, 64 (3), 49–77. https://doi.org/10.1177/00081256211059140

Subramaniam, M. (2020). Digital ecosystems and their implications for competitive strategy. Journal of Organization Design, 9, 12. https://doi.org/10.1186/s41469-020-00073-0

Thomas, E., Asheim, B. T., & Faccin, K. (2020). Universities as Orchestrators of the Development of Regional Innovation Ecosystems in Emerging Economies. Growth and Change, 52 (2), 770–789. https://doi.org/10.1111/grow.12442

Tyulin, A. E., Chursin, A. A., Yudin, A. V., & Grosheva, P. Yu. (2022). Approaches for Creating a Digital Ecosystem of an Industrial Holding. In Vishnevskiy, V. M., Samouylov, K. E., Kozyrev, D. V. (Eds.). Distributed Computer and Communication Networks (pp. 433–444). DCCN 2021. Communications in Computer and Information Science, Vol. 1552. Cham: Springer. https://doi.org/10.1007/978-3-030-97110-6_34

Vaillant, Y., Lafuente, E., & Vendrell-Herrero, F. (2023). Assessment of Industrial Pre-Determinants for Territories with Active Product-Service Innovation Ecosystems. Technovation, 119, 102658. https://doi.org/10.1016/j.technovation.2022.102658

Verkasalo, E., Leppälä, J., Muhonen, T., Korpinen, R., Möttönen, V., & Kurppa, S. (2019). Novel Industrial Ecosystems and Value Chains to Utilize Side — Streams of Wood Product Industries — Finnish Approach. Pro Ligno, 15 (4), 157–165.

Wang, D., Wang, Y., Huang, Z., & Cui, R. (2020). Understanding the Resilience of Coal Industry Ecosystem to Economic Shocks: Influencing Factors, Dynamic Evolution and Policy Suggestions. Resources Policy, 67, 101682. https://doi.org/10.1016/j.resourpol.2020.101682

Yalenios, J., & d’Armagnac, S. (2022). Work Transformation and the HR Ecosystem Dynamics: A longitudinal case study of HRM disruption in the Era of the 4th Industrial Revolution. Human Resource Management, 62 (1), 55–77. https://doi.org/10.1002/hrm.22114