EUROPEAN INNOVATION ECOSYSTEM IN THE CONTEXT OF REGIONAL COMPETITION1

Abstract

The purpose of this article is to analyze the experience of creating the European innovation ecosystem that is being formed in the context of regional competition and, on this basis, the development of the innovation ecosystem is one of the key strategies for overcoming crises. Nowadays, the business ecosystems draw enormous attentiveness. Initially defined from the perspective of competitive dynamics, the concept has undergone a series of interrelationships giving it a multidisciplinary character. According to the Europe 2020 strategy, sustainable growth growingly depends on the innovation and transformation capacity of regional economies to adapt to a constantly changing and increasingly competitive environment. This means that more effort must be invested in creating ecosystems that encourage innovation, research and entrepreneurship development. For this reason, entrepreneurial ecosystems have become the object of research, both by academic groups, development agencies, governments and NGOs at national, regional and international levels.

Keywords

• ecosystem
• innovation
• entrepreneurship
• start-up
• actors
• competitiveness