Within the Entrepreneurship Ecosystem: Is Innovation Clusters’ Strategic Approach Boosting Businesses’ Sustainable Development?

The article focuses on the creation and the development of the entrepreneurial ecosystem around the innovation clusters. Clusters are believed to have a well-defined strategic approach aimed at boosting businesses’ sustainable development, especially if clusters are centred around small and middle-s...

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Autores principales:	Oana Bărbulescu, Cristina Nicolau, Daniel Munteanu
Formato:	article
Lenguaje:	EN
Publicado:	MDPI AG 2021
Materias:	sustainable development entrepreneurship ecosystem innovation cluster business strategy SMEs Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
Acceso en línea:	https://doaj.org/article/59d2f7f0ab484e49996fa06e723ce1fb
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id	oai:doaj.org-article:59d2f7f0ab484e49996fa06e723ce1fb
record_format	dspace
spelling	oai:doaj.org-article:59d2f7f0ab484e49996fa06e723ce1fb2021-11-11T19:28:32ZWithin the Entrepreneurship Ecosystem: Is Innovation Clusters’ Strategic Approach Boosting Businesses’ Sustainable Development?10.3390/su1321117622071-1050https://doaj.org/article/59d2f7f0ab484e49996fa06e723ce1fb2021-10-01T00:00:00Zhttps://www.mdpi.com/2071-1050/13/21/11762https://doaj.org/toc/2071-1050The article focuses on the creation and the development of the entrepreneurial ecosystem around the innovation clusters. Clusters are believed to have a well-defined strategic approach aimed at boosting businesses’ sustainable development, especially if clusters are centred around small and middle-sized enterprises. Having undertaken a piece of phenomenological qualitative research, we found that large companies were more open to cooperation and sustainability than the small and middle-sized ones, thus initiating and developing innovation clusters around them (particularly in high-technologized industries such as the automotive and Information Technology). Additionally, we highlight that a sustainable entrepreneurial ecosystem is based on strong pillars, of which small companies’ capabilities, including the entrepreneurial ones, are innovation-driven, and place them in the centre of the innovation cluster. This piece of research also provides relevant insights for private and public organisations and policymakers in order to co-create a local innovation and entrepreneurship strategy. Our findings have implications for both cluster literature and the field of entrepreneurship.Oana BărbulescuCristina NicolauDaniel MunteanuMDPI AGarticlesustainable developmententrepreneurship ecosysteminnovationclusterbusiness strategySMEsEnvironmental effects of industries and plantsTD194-195Renewable energy sourcesTJ807-830Environmental sciencesGE1-350ENSustainability, Vol 13, Iss 11762, p 11762 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	sustainable development entrepreneurship ecosystem innovation cluster business strategy SMEs Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
spellingShingle	sustainable development entrepreneurship ecosystem innovation cluster business strategy SMEs Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350 Oana Bărbulescu Cristina Nicolau Daniel Munteanu Within the Entrepreneurship Ecosystem: Is Innovation Clusters’ Strategic Approach Boosting Businesses’ Sustainable Development?
description	The article focuses on the creation and the development of the entrepreneurial ecosystem around the innovation clusters. Clusters are believed to have a well-defined strategic approach aimed at boosting businesses’ sustainable development, especially if clusters are centred around small and middle-sized enterprises. Having undertaken a piece of phenomenological qualitative research, we found that large companies were more open to cooperation and sustainability than the small and middle-sized ones, thus initiating and developing innovation clusters around them (particularly in high-technologized industries such as the automotive and Information Technology). Additionally, we highlight that a sustainable entrepreneurial ecosystem is based on strong pillars, of which small companies’ capabilities, including the entrepreneurial ones, are innovation-driven, and place them in the centre of the innovation cluster. This piece of research also provides relevant insights for private and public organisations and policymakers in order to co-create a local innovation and entrepreneurship strategy. Our findings have implications for both cluster literature and the field of entrepreneurship.
format	article
author	Oana Bărbulescu Cristina Nicolau Daniel Munteanu
author_facet	Oana Bărbulescu Cristina Nicolau Daniel Munteanu
author_sort	Oana Bărbulescu
title	Within the Entrepreneurship Ecosystem: Is Innovation Clusters’ Strategic Approach Boosting Businesses’ Sustainable Development?
title_short	Within the Entrepreneurship Ecosystem: Is Innovation Clusters’ Strategic Approach Boosting Businesses’ Sustainable Development?
title_full	Within the Entrepreneurship Ecosystem: Is Innovation Clusters’ Strategic Approach Boosting Businesses’ Sustainable Development?
title_fullStr	Within the Entrepreneurship Ecosystem: Is Innovation Clusters’ Strategic Approach Boosting Businesses’ Sustainable Development?
title_full_unstemmed	Within the Entrepreneurship Ecosystem: Is Innovation Clusters’ Strategic Approach Boosting Businesses’ Sustainable Development?
title_sort	within the entrepreneurship ecosystem: is innovation clusters’ strategic approach boosting businesses’ sustainable development?
publisher	MDPI AG
publishDate	2021
url	https://doaj.org/article/59d2f7f0ab484e49996fa06e723ce1fb
work_keys_str_mv	AT oanabarbulescu withintheentrepreneurshipecosystemisinnovationclustersstrategicapproachboostingbusinessessustainabledevelopment AT cristinanicolau withintheentrepreneurshipecosystemisinnovationclustersstrategicapproachboostingbusinessessustainabledevelopment AT danielmunteanu withintheentrepreneurshipecosystemisinnovationclustersstrategicapproachboostingbusinessessustainabledevelopment
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Within the Entrepreneurship Ecosystem: Is Innovation Clusters’ Strategic Approach Boosting Businesses’ Sustainable Development?

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