Management of Innovation Ecosystems Development: Conceptual Aspect

The purpose of this paper is to provide an analytical overview of the subject field of research related to the concept of “ecosystem”, as well as to provide an analysis and differentiation of common types of ecosystems according to their main purposes and to identify their key characteristics. Based on the synthesis of an broad corpus of sources, the paper describes key elements and roles in ecosystems, explores their significance for functioning, and analyzes external factors that have a significant impact on ecosystem design. It highlights that ecosystem governance mechanisms include formal and informal networks, political and economic frameworks, and cultural and social environments. These components form the foundation of an ecosystem and influence its development and management. The conclusion highlights key factors that contribute to optimizing ecosystem development. These include a certain variety of elements in the ecosystem; dense networks to facilitate exchange and collaboration; an organizer that maintains services and supports stakeholder interaction; an effective regulatory framework; sufficient resources; supportive mindsets; and flexible governance.

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