Technovation最新文献_第7页

Governance and performance in multiple sponsored business incubators: a case study of business incubation centres of the European space agency (ESA BICs) 多个赞助企业孵化器的治理和绩效：欧洲空间局企业孵化中心案例研究

IF 10.9 1区管理学 Q1 ENGINEERING, INDUSTRIAL

Technovation

Pub Date : 2025-10-23 DOI: 10.1016/j.technovation.2025.103391

Cornelis Eldering , Jan van den Ende , Willem Hulsink

Corporations, universities, governments, and other large organisations sponsor business incubation centres to support entrepreneurship and new venturing. These organisations expect certain performance outcomes from their incubation centres. Incubator programmes can be established through partnerships or as part of a Triple Helix approach, involving multiple sponsorship organisations. However, it is still unclear how the governance of a multiple sponsorship configuration affects business incubation performance and design.

This paper examines the governance of business incubation centres by multiple sponsors through the lens of agency theory. This theory is frequently used to understand the governance of principals and agents in transaction cost economics and political sciences. We apply agency theory to business incubation to investigate: “How does governance by multiple sponsorship organisations affect business incubation performance outcomes for sponsors?” We distinguish three underlying variables of business incubation governance: the formation process of sponsors who team up to start a business incubator, the coordination process among sponsors, and the relationship between each sponsor and the business incubator in terms of control versus trust. We distinguish four performance outcomes for the sponsor: learning, earning, returning, and branding. Furthermore, as part of our research approach, we distinguish between internal sponsors (who host or own the incubator) and external sponsors (i.e., the European Space Agency).

Our findings suggest that a joint formation relates to a higher coordination level than a sequential formation. Furthermore, higher levels of coordination lead to better performance outcomes for all sponsors, whereas lower levels may result in some sponsors obtaining better performance outcomes than others. Differences in the relationship between each sponsor and the business incubator have a positive effect when coordination is high and a negative effect when coordination is low. We conclude with a tentative theoretical model to express the impact of governance on business incubation performance in terms of formation, coordination, and type of relationship.

公司、大学、政府和其他大型组织赞助商业孵化中心，以支持创业和新的风险投资。这些组织期望他们的孵化中心取得一定的绩效成果。孵化器项目可以通过合作伙伴关系建立，也可以作为涉及多个赞助组织的“三重螺旋”（Triple Helix）方法的一部分。然而，目前还不清楚多赞助配置的治理如何影响业务孵化性能和设计。本文从代理理论的角度考察了多赞助商企业孵化中心的治理问题。这一理论在交易成本经济学和政治学中经常被用来理解委托人和代理人的治理。我们将代理理论应用于企业孵化研究：“多个赞助组织的治理如何影响赞助商的企业孵化绩效结果？”我们区分了企业孵化治理的三个潜在变量：组队启动企业孵化器的发起人的形成过程，发起人之间的协调过程，以及每个发起人与企业孵化器之间在控制与信任方面的关系。我们为赞助商区分了四种绩效结果：学习、收入、回报和品牌。此外，作为我们研究方法的一部分，我们区分了内部赞助商（托管或拥有孵化器的人）和外部赞助商（即欧洲航天局）。我们的研究结果表明，联合地层比序列地层具有更高的协调水平。此外，较高的协调水平会导致所有赞助商获得更好的绩效结果，而较低的协调水平可能会导致一些赞助商获得比其他赞助商更好的绩效结果。各赞助商与企业孵化器之间关系的差异在协调性高时产生积极影响，在协调性低时产生消极影响。最后，我们建立了一个尝试性的理论模型，从关系的形成、协调和类型三个方面来表达治理对企业孵化绩效的影响。

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引用次数: 0

All-in-one strategy of platforms: Crafting multiproduct ecosystems 平台一体化战略：打造多产品生态系统

IF 10.9 1区管理学 Q1 ENGINEERING, INDUSTRIAL

Technovation

Pub Date : 2025-10-22 DOI: 10.1016/j.technovation.2025.103394

Ke Rong , Yue Zhao , Zhengyao Kang , Ronaldo Parente

This study examines the All-In-One (AIO) strategy, a digital platform strategy characterized by creating and executing an organized multiproduct ecosystem that integrates highly comprehensive and varied offerings. Using multi-case study methodology, we propose a framework that explains the definition and characteristics of the AIO strategy. By adopting a dual perspective that integrates both demand- and supply-side perspectives, our findings indicate that the AIO strategy facilitates supply-side resource bundling of complementary and exclusive resources and enhances demand-side value creation for users. Moreover, our study highlights the role of cross-product data capabilities and institutional factors in shaping digital platforms’ adoption of the AIO strategy. This research contributes to a deeper understanding of platform innovations on both the supply and demand sides in developing a multiproduct ecosystem.

本研究考察了All-In-One （AIO）战略，这是一种数字平台战略，其特点是创建和执行一个有组织的多产品生态系统，该生态系统集成了高度全面和多样化的产品。采用多案例研究方法，我们提出了一个框架来解释AIO战略的定义和特征。通过采用需求侧和供给侧相结合的双重视角，我们的研究结果表明，AIO战略促进了供给侧资源的互补和排他性捆绑，并增强了需求侧为用户创造的价值。此外，我们的研究强调了跨产品数据能力和制度因素在塑造数字平台采用AIO战略方面的作用。本研究有助于我们更深入地理解多产品生态系统发展过程中供需双方的平台创新。

引用次数: 0

Crowdsourcing creativity: Support architectures and task-knowledge intensity 众包创意：支持架构和任务知识强度

IF 10.9 1区管理学 Q1 ENGINEERING, INDUSTRIAL

Technovation

Pub Date : 2025-10-22 DOI: 10.1016/j.technovation.2025.103393

Pinar Ozturk , Yue Han , Jie Ren

Finding creative solutions to large-scale and complex problems, such as societal challenges, is often hard. Crowdsourcing has emerged as a valuable tool for such challenges, using diverse perspectives from general society to enhance creative problem-solving. The componential theory of creativity highlights creativity-related processes and domain knowledge as key components of creative output. Drawing from this theory, we examine how creativity support architectures and levels of task-knowledge intensity influence crowd creativity in crowdsourcing contexts.

Through an online experiment, we compared two support architectures, remixing and external stimuli: crowd members were presented with ideas previously generated by other participants to foster a collective creative process. Our findings suggest that remixing prompts higher levels of crowd creativity than external stimuli. Further, the crowd exhibits greater creativity when working on low knowledge-intensity tasks, compared with high knowledge-intensity tasks, whereas the influence of support architectures on crowd creativity remains significant across knowledge-intensity levels.

This study contributes to the crowdsourcing literature by applying the componential theory of creativity to understand how creativity support architectures interact with task-knowledge intensity to affect crowd creative output. In addition, practical implications for harnessing collective intelligence to address societal challenges and other large-scale, complex problems are discussed.

为大规模和复杂的问题（如社会挑战）找到创造性的解决方案通常是困难的。众包已成为应对此类挑战的宝贵工具，它利用社会各界的不同观点来加强创造性的解决问题。创造力的组成理论强调与创造力相关的过程和领域知识是创造性产出的关键组成部分。根据这一理论，我们研究了在众包环境下，创造力支持架构和任务-知识强度水平如何影响群体创造力。通过一个在线实验，我们比较了两种支持架构，混合和外部刺激：向人群成员展示其他参与者之前产生的想法，以促进集体创造过程。我们的研究结果表明，与外部刺激相比，混合能激发更高水平的群体创造力。此外，与高知识强度任务相比，在低知识强度任务中，群体表现出更大的创造力，而支持架构对群体创造力的影响在知识强度水平上仍然显着。本研究通过运用创造力的成分理论来理解创造力支持架构如何与任务-知识强度相互作用，从而影响群体的创造力产出，从而为众包文献做出贡献。此外，还讨论了利用集体智慧解决社会挑战和其他大规模复杂问题的实际意义。

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引用次数: 0

The impact of supply-demand innovation policy instrument mix on firm innovation: Empirical analysis from the perspective of firm life cycle 供需创新政策工具组合对企业创新的影响：基于企业生命周期视角的实证分析

IF 10.9 1区管理学 Q1 ENGINEERING, INDUSTRIAL

Technovation

Pub Date : 2025-10-22 DOI: 10.1016/j.technovation.2025.103395

Jian Zhang , Ziming Yu , Wenting Liang , Xiaojie Men , Xuanting Ye , Ximing Yin

The varying firm life cycle stages represent a critical factor that should be accounted when evaluating the effects of innovation policy instrument mixes. Building on firm life cycle theory, this study employs the Poisson pseudo-maximum likelihood estimator with high-dimensional fixed effects (PPML-HDFE) to explore the impact of three supply and demand side innovation policy instruments (innovation subsidies, tax incentives, and public innovation procurement) and their mixes on firm innovation across different life cycle stages. The results reveal that, overall, the supply-demand policy instruments mixes outperform individual instruments in incentivizing innovation, particularly for high-tech manufacturing firms. Furthermore, mature-stage firms demonstrate superior capacity to leverage policy support, achieving the most significant innovation gains, regardless of the specific form of instruments or their mixes. The findings suggest policymakers should transcend conventional thinking and policy biases, placing particular emphasis on firms' developmental stages, practical needs, and comparative advantages. Policy formulation should transform from a "one-size-fits-all" approach to differentiated and targeted strategies, thereby enhancing the actual empowerment effect of policies on innovation development.

不同的企业生命周期阶段是评估创新政策工具组合效果时应考虑的关键因素。本文以企业生命周期理论为基础，采用具有高维固定效应的泊松拟极大似然估计（PPML-HDFE），探讨了供给侧和需求侧创新政策工具（创新补贴、税收优惠和公共创新采购）及其组合对企业不同生命周期阶段创新的影响。结果表明，总体而言，供需政策工具组合在激励创新方面优于单个工具，特别是对于高科技制造企业。此外，成熟阶段的公司在利用政策支持方面表现出更强的能力，无论工具的具体形式或其组合如何，都能实现最显著的创新收益。研究结果表明，决策者应超越传统思维和政策偏见，特别重视企业的发展阶段、实际需求和比较优势。政策制定要从“一刀切”向差异化、针对性转变，增强政策对创新发展的实际赋能效果。

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引用次数: 0

Impact of AI strategies on climate-change performance: Responsible AI and crisis management perspectives 人工智能战略对气候变化绩效的影响：负责任的人工智能和危机管理观点

IF 10.9 1区管理学 Q1 ENGINEERING, INDUSTRIAL

Technovation

Pub Date : 2025-10-22 DOI: 10.1016/j.technovation.2025.103390

Waqar Nadeem , Abdul R. Ashraf , Huda Khan , V. Kumar

Addressing the Sustainable Development Goal related to climate change through artificial intelligence (AI) is an important area of interest for scholars, practitioners, and policymakers. This study examines how AI based strategies, hereafter AI strategies – including AI data management and quality, AI analytics, and AI-driven insights employed by the firms – impacting the climate change performance. It emphasizes the mediating role of climate crisis management (risk identification, risk assessment, and crisis response monitoring and treatment) and the moderating role of responsible AI. Using survey data from 235 managers of firms in the USA and Canada, findings reveal that climate risk identification and assessment significantly mediate the positive effects of AI strategies on climate change performance. These indirect effects are stronger under conditions of high responsible AI embeddedness. While crisis response monitoring and treatment also show a positive indirect relationship with climate change performance, this effect does not significantly differ based on the level of responsible AI. The research contributes to crisis management literature by highlighting the critical role of embedding responsible AI strategies for effective climate crisis management, especially in accurately identifying crisis types and assessing their severity. Additionally, we provide a structured 3x3 matrix that offers managerial guidelines drawing insights from data-derived findings and present critical research avenues for future exploration. Practically, these findings assist managers in effectively integrating responsible AI practices into crisis management processes to enhance firms’ climate performance and resilience.

通过人工智能（AI）实现与气候变化相关的可持续发展目标是学者、从业者和政策制定者感兴趣的一个重要领域。本研究考察了基于人工智能的战略（以下简称人工智能战略）——包括人工智能数据管理和质量、人工智能分析以及企业采用的人工智能驱动的见解——如何影响气候变化绩效。它强调气候危机管理的中介作用（风险识别、风险评估、危机应对监测和处理）和负责任的人工智能的调节作用。利用来自美国和加拿大235家公司经理的调查数据，研究结果表明，气候风险识别和评估显著调节了人工智能战略对气候变化绩效的积极影响。在高度负责任的人工智能嵌入条件下，这些间接影响更强。虽然危机应对监测和处理也显示出与气候变化绩效呈正的间接关系，但这种影响在负责任的人工智能水平上并没有显著差异。该研究通过强调嵌入负责任的人工智能战略对有效气候危机管理的关键作用，特别是在准确识别危机类型和评估其严重程度方面，为危机管理文献做出了贡献。此外，我们还提供了一个结构化的3x3矩阵，为管理提供指导方针，从数据衍生的发现中获得见解，并为未来的探索提供关键的研究途径。实际上，这些发现有助于管理者将负责任的人工智能实践有效地整合到危机管理流程中，以提高企业的气候绩效和复原力。

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引用次数: 0

Strategic conditions for the emergence of innovation ecosystems: Lessons from food and gastronomy 创新生态系统出现的战略条件：来自食品和美食学的经验教训

IF 10.9 1区管理学 Q1 ENGINEERING, INDUSTRIAL

Technovation

Pub Date : 2025-10-16 DOI: 10.1016/j.technovation.2025.103383

Begoña Rodríguez-Romera , Jon Mikel Zabala-Iturriagagoitia , Erich Eichstetter , José Francisco Peláez

The establishment of innovation ecosystems has become an increasingly prevalent strategy for fostering territorial, economic and social development. However, the existing literature provides limited insights into the strategic conditions that enable the emergence of such ecosystems. This paper addresses this gap by identifying the critical elements and mechanisms underpinning their creation. Specifically, it examines five leading food and gastronomy-focused innovation ecosystems in high-cost economies – Japan, Singapore, Denmark, the Netherlands, and Israel –.

Using a case study approach, the research draws on 53 in-depth interviews with key stakeholders engaged in each ecosystem. The paper offers several theoretical contributions. First, it assesses the extent to which the mechanisms of ecosystem emergence proposed in the literature align with empirical reality, revealing variations in their intensity and manifestation. Second, it identifies nine dimensions as the foundational determinants necessary for ecosystem formation. Third, it underscores the need for a governance shift from centralised orchestration to a more adaptive and dynamic network choreography. Finally, it advances the theoretical debate on ecosystem life cycles by demonstrating that the boundaries between phases of emergence and maturity are more blurred in practice than assumed in existing models, thereby calling for further refinement of ecosystem development theories.

建立创新生态系统已成为促进领土、经济和社会发展的日益普遍的战略。然而，现有文献对使这种生态系统出现的战略条件提供了有限的见解。本文通过识别支持其创建的关键元素和机制来解决这一差距。具体来说，它考察了日本、新加坡、丹麦、荷兰和以色列这五个高成本经济体中以食品和美食为重点的五大创新生态系统。该研究采用案例研究方法，对每个生态系统的主要利益相关者进行了53次深入访谈。这篇论文提供了几个理论贡献。首先，它评估了文献中提出的生态系统出现机制与经验现实的一致程度，揭示了其强度和表现形式的变化。其次，它确定了九个维度作为生态系统形成所必需的基本决定因素。第三，它强调了从集中式编排到更具适应性和动态性的网络编排的治理转变的必要性。最后，通过证明在实践中出现阶段和成熟阶段之间的界限比现有模型中假设的更加模糊，从而推动了生态系统生命周期的理论争论，从而呼吁进一步完善生态系统发展理论。

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引用次数: 0

When do ventures break path dependence? Evidence from financial and technological success of serial entrepreneurs 风险投资何时打破路径依赖？来自连续创业者的财务和技术成功的证据

IF 10.9 1区管理学 Q1 ENGINEERING, INDUSTRIAL

Technovation

Pub Date : 2025-10-16 DOI: 10.1016/j.technovation.2025.103367

Yunkyoung Kim, Hyun Ju Jung

This study examines ventures' path dependence and path breaking in the context of serial entrepreneurship. While prior entrepreneurial experience is known to cause ventures’ path dependence, little is known about how different types of experience, especially financial versus technological, shape it. Specifically, we investigate how the financial and technological success of serial entrepreneurs' prior ventures influences their subsequent ventures' path-breaking behavior singly and jointly. We find that while the financial success of prior ventures facilitates subsequent ventures' path-dependent propensity, technological success leads subsequent ventures to break the path by entering new technology domains different from those of prior ventures. The relationship between prior ventures' financial success and subsequent ventures' path breaking is contingent on prior ventures' technological success. Under the condition of prior ventures' technological success, the negative effect of financial success on path breaking weakens. We corroborate our hypotheses using Crunchbase for entrepreneur and venture data worldwide from 1967 to 2018 and patent data from USPTO. Our findings have important implications for the source of ventures' path-breaking behaviors, highlighting the role of the entrepreneurs' technological success in prior ventures in disentangling their subsequent ventures from path dependence.

本研究检视连续创业情境下企业的路径依赖与路径突破。虽然已知先前的创业经验会导致企业的路径依赖，但对于不同类型的经验（尤其是金融和技术经验）如何形成路径依赖，我们知之甚少。具体而言，我们研究了连续企业家先前企业的财务和技术成功如何单独和共同影响其后续企业的开创性行为。我们发现，虽然先前企业的财务成功促进了后续企业的路径依赖倾向，但技术成功导致后续企业通过进入不同于先前企业的新技术领域来打破路径。先前企业的财务成功与后续企业的路径突破之间的关系取决于先前企业的技术成功。在先行者技术成功的条件下，财务成功对路径突破的负面影响减弱。我们使用Crunchbase对1967年至2018年全球企业家和风险投资数据以及美国专利商标局的专利数据进行了验证。我们的研究结果对创业企业的路径突破行为的来源具有重要意义，突出了企业家在先前创业中的技术成功在将其后续创业从路径依赖中解脱出来中的作用。

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引用次数: 0

Urban infrastructure impacts on innovation quantity and quality: Substitution and complementary effects 城市基础设施对创新数量和质量的影响：替代与互补效应

IF 10.9 1区管理学 Q1 ENGINEERING, INDUSTRIAL

Technovation

Pub Date : 2025-10-16 DOI: 10.1016/j.technovation.2025.103388

Sheng-Hao Yang , Ren-Ai Jiang , Zu-Long Su , Gary H. Jefferson

As China's infrastructure expands and integrates creating pathways for the mobility and transfer of innovative knowledge, the interaction of urban knowledge transfers may function as substitutes or complements. The purpose of this study is to conceptualize and delineate urban knowledge systems, their mobility, and the features of their interactions that exhibit either the propensity to function as knowledge substitutes or complements. Specifically, based on a panel of Chinese cities, we analyze the interactive effects of the Internet and high-speed rail (HSR) on innovation from the perspectives of quantity, quality, and structure. The results indicate that while the Internet and HSR substitute for each other in driving innovation quantity, this combination exerts a complementary effect on fostering innovation quality. We find that this dual effect results from inter-city knowledge integration reducing urban innovation bubbles while increasing the scale and proportion of breakthrough innovations, thereby promoting the overall enhancement in innovation quality. We also find that a critical source of the improved quality outcomes is the combined effect of the Internet and HSR on innovation learning and collaboration. Finally, heterogeneity analysis shows that the quality complementary effect of the two types of knowledge-mobility infrastructure is more pronounced within the 2 h HSR range of innovation centers, in Eastern and Coastal regions and cities that exhibit higher living standards, higher R&D expenditure, and strong intellectual property protection. This study not only examines the qualitative linkage effects of infrastructure development, it also examines the avenues through which quantity substitution effects and quality complementary effects function.

随着中国基础设施的扩展和整合，为创新知识的流动和转移创造了途径，城市知识转移的相互作用可能起到替代或补充的作用。本研究的目的是概念化和描述城市知识系统，它们的流动性，以及它们相互作用的特征，这些特征表现出作为知识替代或补充的倾向。具体而言，本文以中国城市为样本，从数量、质量和结构三个角度分析了互联网和高铁对创新的互动效应。研究结果表明，互联网与高铁在推动创新数量上是相互替代的，二者结合在促进创新质量上是互补的。研究发现，这种双重效应是由于城市间知识整合减少了城市创新泡沫，同时增加了突破性创新的规模和比例，从而促进了创新质量的整体提升。我们还发现，互联网和高铁对创新学习和协作的综合影响是提高质量结果的一个关键来源。异质性分析表明，两类知识流动基础设施的质量互补效应在2小时高铁创新中心范围内、东部和沿海地区以及生活水平较高、研发支出较高、知识产权保护力度强的城市更为明显。本研究不仅考察了基础设施发展的质量联动效应，还考察了数量替代效应和质量互补效应的作用途径。

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引用次数: 0

Bridging law and strategy: How intellectual property courts reshape corporate digital transformation through dynamic capabilities 衔接法律与战略：知识产权法院如何通过动态能力重塑企业数字化转型

IF 10.9 1区管理学 Q1 ENGINEERING, INDUSTRIAL

Technovation

Pub Date : 2025-10-16 DOI: 10.1016/j.technovation.2025.103387

Liang Xu , Yusen Luo , Jing Xu

The global proliferation of specialized intellectual property courts constitutes a judicial experiment to stimulate innovation, yet its impact on corporate digital transformation (CDT)—a process necessitating rapid resource reconfiguration and strategic foresight—remains underexplored. Drawing upon institutional theory and the dynamic capabilities perspective and leveraging China's specialized IP court reforms from 2001 to 2022 and a panel dataset of 4321 A-share listed firms, our difference-in-differences analysis reveals three key findings: First, IP judicial protection significantly accelerates CDT in China, a conclusion robust to multiple identification checks. Second, we examine the role of judicial efficiency in the relationship between IP judicial protection and CDT. We find that higher average compensation for IP cases and shorter trial periods strengthen the positive effect of IP judicial protection on CDT, whereas a higher plaintiff loss rate at first instance weakens this effect. Third, we find that IP judicial protection promotes CDT through two channels: increasing firm resource endowments and reducing environmental uncertainty. Finally, this effect is concentrated among privately owned firms, technologically sophisticated firms, and firms in eastern regions. These findings provide actionable insights for policymakers to design intelligent IP ecosystems and for firms to align judicial reforms with digital transformation strategies.

在全球范围内，专业知识产权法院的激增构成了刺激创新的司法实验，但其对企业数字化转型（CDT）的影响仍未得到充分探索，这一过程需要快速的资源重组和战略远见。基于制度理论和动态能力视角，利用2001 - 2022年中国知识产权法院专业化改革和4321家a股上市公司的面板数据，我们的差异中差异分析揭示了三个关键发现：第一，知识产权司法保护显著加速了中国的CDT，这一结论可以进行多重识别检验。其次，我们考察了司法效率在知识产权司法保护与CDT关系中的作用。研究发现，较高的知识产权案件平均赔偿额和较短的审理时间增强了知识产权司法保护对知识产权侵权行为的积极作用，而较高的一审原告败诉率则削弱了这种积极作用。第三，知识产权司法保护通过增加企业资源禀赋和降低环境不确定性两个渠道促进CDT的发展。最后，这种影响主要集中在私营企业、技术先进企业和东部地区的企业。这些发现为政策制定者设计智能知识产权生态系统和企业将司法改革与数字化转型战略相结合提供了可操作的见解。

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引用次数: 0

Fostering conditions for digital entrepreneurship: The role of institutional entrepreneurs in driving FinTech ecosystem development 为数字创业创造条件：机构企业家在推动金融科技生态系统发展中的作用

IF 10.9 1区管理学 Q1 ENGINEERING, INDUSTRIAL

Technovation

Pub Date : 2025-10-14 DOI: 10.1016/j.technovation.2025.103386

Luiza Stein , Natasha Evers , Colm O'Gorman

This paper explores the role of institutional entrepreneurship in developing Digital Entrepreneurial Ecosystems (DEE). With much of the literature on DEE focused on organisational-level analysis, there is a need for further research that includes system-level analysis, and specifically research that explores how ecosystem actors support Digital Entrepreneurship (DE) by facilitating adaptation of the institutional environment. We analyse a single longitudinal case study of the Danish FinTech ecosystem, a DEE that developed in the context of a traditional, highly regulated industry and a turbulent global FinTech scene. FinTech DEEs have emerged across the world as a response to a global reshaping of financial institutions that resulted from the global financial crisis and ongoing technological shifts. We use this case to explore two questions: “what institutional forces influence the development of the DEE?”, and “how do institutional entrepreneurs facilitate institutional changes to develop a DEE?” We find the development of the Danish FinTech DEE was enabled and shaped by changes to institutions that support: (i) new collaboration dynamics and mechanisms, particularly between incumbent firms and start-ups, (ii) adaptations to the regulatory framework, and (iii) the development of global connections. Institutional change required collective efforts, depending on different institutional entrepreneurs at different times. Neutral leadership of institutional entrepreneurs became crucial for institutional change. Furthermore, both system and organisation-level agencies influenced institutional change during the development of the DEE. As such, this study contributes to a better understanding of DEE development and, therefore, the conditions that foster DE in the FinTech field.

本文探讨了制度创业在发展数字创业生态系统（DEE）中的作用。由于大多数关于数字创业的文献都侧重于组织层面的分析，因此需要进一步的研究，包括系统层面的分析，特别是探索生态系统参与者如何通过促进制度环境的适应来支持数字创业（DE）的研究。我们分析了丹麦金融科技生态系统的单一纵向案例研究，该生态系统是在传统、高度监管的行业和动荡的全球金融科技环境下发展起来的。金融科技学位在全球范围内出现，是对全球金融危机和持续的技术变革所导致的全球金融机构重塑的回应。我们用这个案例来探讨两个问题：“什么制度力量影响DEE的发展？”以及“机构企业家如何促进制度变革以发展DEE?”我们发现，丹麦金融科技DEE的发展是由支持以下制度的变化所推动和塑造的：(i)新的合作动力和机制，特别是在现有公司和初创企业之间，（ii）对监管框架的适应，以及（iii）全球联系的发展。制度变革需要集体努力，这取决于不同时期不同的制度企业家。制度企业家的中立领导对制度变革至关重要。此外，在DEE发展过程中，系统和组织层面的机构都影响了制度变迁。因此，本研究有助于更好地理解DEE的发展，从而更好地理解金融科技领域培育DE的条件。

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引用次数: 0