Proceedings of
6th International E- Conference On Engineering, Technology And Management ICETM 2021
"BUSINESS PERSPECTIVE OF INNOVATION ECOSYSTEMS"
Abstract: “Term of innovation ecosystem might include various types of players in a localized area. The current paper analyzed park-like innovation ecosystems in Hungary with the purpose of defining characteristic pattern from the main business indicators point of view. Thus, the aim of the research is to explore apparent aggregated performance characteristics of ecosystems by empirical examination of different ecosystems. The conclusions reached as a result of the study different patterns identified along the lines of the three indicators of business effectiveness within the ecosystem: the average increase in turnover, the average increase in financial results and the average change in headcount. On one hand, these aggregated indicators are usable to characterize the various group of ecosystems. Additionally, this approach is feasible to describe not only the sustainability of an ecosystem but also offer an attribute on the development strategy. As a result of this research, the outlined quantit”
Keywords: innovation ecosystem, business efficiency, ecosystem assessment, ecosystem strategy, technology impact