Abstract
This paper conceptualizes how small and medium enterprises (SMEs) can work smarter and become entrepreneurial in terms of increasing innovative coopetition and collaboration activities with their peers and with academic institutions. The focus of this research remains in eliminating SMEs’ struggle to internationalize – regarded as silos in absorbing knowledge and in establishing collaboration and relationship with academia. Based on the current knowledge, this paper develops a conceptual framework of “next generation entrepreneurship ecosystem” involving multi-disciplinary coopetition and collaborative actions, shared resources and relationship governance mechanisms strengthening and empowering managers in SMEs to get access, utilize and combine state-of-the-art and “fitness to the market” research, best practices and business solutions in developing innovation capability, digital transformation and globalization. The overarching research question of this paper is “How can ecosystem network solutions can be conceptualized which can influence SMEs to get advantages of innovation capabilities, digitalization and globalization?” This paper theoretically contributes to entrepreneurship ecosystem literature by bridging the gap between coopetition and collaborative studies in perspective of SME-SME-Academia network solutions. Further, the proposed framework provides several practical implications for the managers involved in SMEs’ coopetition and collaboration activities.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.