6533b7d1fe1ef96bd125c44c
RESEARCH PRODUCT
Understanding the Microfoundations of Entrepreneurial Ecosystems: Toward a Value-Based Method and Theory
Federico CosenzGuido NotoAngelo Cavallosubject
Settore SECS-P/07 - Economia AziendaleBusiness model entrepreneurial ecosystem (EE) microfoundations systems design value capture value creationStrategy and ManagementElectrical and Electronic Engineeringdescription
Despite the progress made by scholars, empirically investigating entrepreneurial ecosystems (EEs) remains problematic because of the inherent complexities and nonlinearities of interactions among EE actors. The research to date has shown a tendency to focus on macrolevel ecosystem dynamics while neglecting the microfoundations of EEs. We contend that this negligence is due to a lack of appropriate methodologies that can capture EE microfoundations through a systemic value-based perspective. To fill this gap, in this article, we propose a novel methodological approach, the value system method, which enables framing EEs through critical causal interdependences between key actors’ business models that foster value-exchange processes. Finally, the study provides a set of research and policy implications for fostering the understanding of EE microfoundations toward a value-based method and theory.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2023-01-01 | IEEE Transactions on Engineering Management |