Abstract
Despite the prominence of sustainable development approaches in the academic literature, together with the significance attributed to the economy and society, the concept is not sufficiently theorized, especially in terms of methodological issues. The presented study makes a contribution to the academic literature by providing a synthesis on territorial sustainable development research and related concepts of innovation and entrepreneurial ecosystems (EE). We propose a methodological framework for the assessment of regional sustainability, replicating and expanding the approach of D. Isenberg, and draw inference to the impact of institutional environments on the maturity level of EEs. We present our assumptions in the example of two entrepreneurial ecosystems in Russia and Poland (the Penza region and the Małopolska region) with relevant interpretations, which enable us to gain a comprehensive understanding of how to progress in sustainable entrepreneurial ecosystem development. The results of this analysis provides information to help academics, policymakers, government, and business owners with a more in-depth understanding of the practical mechanisms that support absorption of the EE model to achieve Sustainable Development Goals.
Highlights
Accepted: 19 December 2020Technological and environmental challenges confront the society with the need to change traditional approaches and principles of management at the regional and municipal levels
The presented paper contributes to the academic literature by providing a synthesis on territorial sustainable development research and related concepts of innovation and entrepreneurial ecosystems
The paper proposes an approach to the analysis of territorial sustainable development in the context of regional specificities via assessing the level of entrepreneurial ecosystem maturity in Russia and Poland
Summary
Technological and environmental challenges confront the society with the need to change traditional approaches and principles of management at the regional and municipal levels. They may be virtual and platform-based as a result of digital transformation processes, the aspect of embeddedness in a specific territorial context (regional, local) is considerably important, since participants need to interact and create together, and to generate innovations using their multidisciplinary skills, abilities, and competencies [3] This approach will bring organizations closer together and improve the efficiency of developing sustainable and knowledge-intensive products through co-creation, leveraging institutional integration, and improving the distribution of knowledge and assets within the ecosystem [4]. An assessment and analysis of sustainable development of the region should provide an opportunity to develop operational guidelines and an algorithm of specific actions aimed at achieving SDGs. The presented paper contributes to the academic literature by providing a synthesis on territorial sustainable development research and related concepts of innovation and entrepreneurial ecosystems.
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