Relational capital for shared vision in innovation ecosystems

This paper provides an evidence-based approach to understanding the relationship infrastructure of spatially defined innovation ecosystems in three metropolitan areas. With the Triple Helix framework, the ecosystem perspective, and shared vision for transformation initiatives, we explore relationshi...

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Bibliographic Details
Published in:Triple helix (Heidelberg) 2015-06, Vol.2 (1), p.1-36, Article 8
Main Authors: Russell, Martha G, Huhtamäki, Jukka, Still, Kaisa, Rubens, Neil, Basole, Rahul C
Format: Article
Language:English
Subjects:
Business
Economic Sociology
Economics
Economics and Finance
Ecosystem
Entrepreneurship
Innovation
Leadership
Metropolitan
Metropolitan areas
Networks
Organizational Studies
R & D/Technology Policy
Relationships
Startups
The spatial dimension of innovation: Triple Helix and the city
Visualization
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Summary:This paper provides an evidence-based approach to understanding the relationship infrastructure of spatially defined innovation ecosystems in three metropolitan areas. With the Triple Helix framework, the ecosystem perspective, and shared vision for transformation initiatives, we explore relationships as structure in the metropolitan areas of Austin, TX; Minneapolis, MN; and Paris, France. Network metrics are interpreted as indicators of relational capital; and network visualizations reveal distinct patterns of relational space that structure business ecosystems at the enterprise, growth, and startup levels in each geographic area. We illustrate that network metrics, relationship indicators, and their visualization can be valuable resources for quantitatively and qualitatively investigating and analyzing the complexities of engagement, agility, vitality, linking, and embeddedness in innovation ecosystems. We suggest that data-driven indicators of relational capital may be used for network orchestration, evidence-based policy, and the development of shared vision in spatially defined business ecosystems.
ISSN:2197-1927
2197-1927
DOI:10.1186/s40604-015-0017-2