Jukka Majava, Tuomo Kinnunen, Del Foit, Pekka Kess, (2016) "An intermediary as a trust enabler in a spatial business ecosystem", International Journal of Innovation and Learning, Vol. 20, No. 2, pp. 199-213. https://doi.org/10.1504/IJIL.2016.077845
An intermediary as a trust enabler in a spatial business ecosystem
|Author:||Majava, Jukka1; Kinnunen, Tuomo1; Foit, Del2;|
1Industrial Engineering and Management University of Oulu P.O. Box 4610 FI-90014, Finland
2Rady School of Management University of California San Diego 9500 Gilman Dr., La Jolla, CA 92093 USA
|Online Access:||PDF Full Text (PDF, 0.3 MB)|
|Persistent link:|| http://urn.fi/urn:nbn:fi-fe2017112855093
|Publish Date:|| 2017-11-28
Business ecosystems have changed the nature of competition among regions. Various organisations have been established to catalyse local innovation, such as CONNECT in San Diego, California, USA. This study explores the role of an intermediary organisation in establishing trust in a business ecosystem. This paper presents literature findings on business ecosystems, innovation in a spatial context, trust, and previous studies about San Diego. The empirical part of the study includes an analysis of the health and life sciences business ecosystem in San Diego, the role of trust, and how an intermediary organisation contributes to the ecosystem. The study demonstrates that trust is important for the ecosystem’s success, and an intermediary organisation can increase the trust among the actors. The results indicate that decision-makers should invest in accelerator and mentoring programmes to catalyse local innovation. Additionally, ecosystem members should participate in the intermediaries’ activities to strengthen their ecosystem.
International journal of innovation and learning
|Pages:||199 - 213|
|Type of Publication:||
A1 Journal article – refereed
|Field of Science:||
222 Other engineering and technologies
The authors are grateful to the Finnish Funding Agency for Innovation (TEKES) and the UCSD Rady School of Management for supporting the Business Ecosystems and Platforms for Innovations (BECSI) project.
© 2016 Inderscience Enterprises Ltd.