Exploring Relationship Dynamics in Entrepreneurial Ecosystems and Their Impact on Innovation

Damaris Chieregato Vicentin (), Gustavo Hermínio Salati Marcondes de Moraes (), Nagela Bianca do Prado (), Bruno Brandao Fischer (), Betania Silva Carneiro Campello () and Rosley Anholon ()
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Damaris Chieregato Vicentin: University of Campinas
Gustavo Hermínio Salati Marcondes de Moraes: National Research University Higher School of Economics
Nagela Bianca do Prado: University of Campinas
Bruno Brandao Fischer: University of Campinas
Betania Silva Carneiro Campello: University of Campinas
Rosley Anholon: University of Campinas

Foresight and STI Governance (Foresight-Russia till No. 3/2015), 2025, vol. 19, issue 2, 43-53

Abstract: This study investigates how key entrepreneurial ecosystem (EE) factors interact and are reconfigured in response to economic turbulence. Using Russia as a case study, we analyze the systemic dynamics of EE through the lens of the Complex Adaptive Systems (CAS) theory, identifying the most influential factors driving ecosystem resilience. A quantitative approach was employed using the fuzzy Decision-Making Trial and Evaluation Laboratory (DEMATEL) method. Data were collected from highly experienced experts, including academics and market professionals with extensive knowledge of urban EEs in Russia. Their evaluations provided a robust understanding of causal relationships and the adaptability of EE factors under economic instability. The regulatory environment emerged as the primary driver of EE reconfiguration, significantly influencing other factors. Human capital and access to capital were also critical for sustaining entrepreneurship in turbulent contexts, whereas innovation was highly dependent on external conditions rather than acting as an independent driver. These findings highlight the need for adaptive policies to enhance EE resilience, offering a novel methodological framework for understanding EE adaptability in emerging economies.

Keywords: entrepreneurial ecosystems; complex adaptive systems; strategies; complex interaction; human capital; innovation; self-organization: economic turbulence; fuzzy DEMATEL; Russia (search for similar items in EconPapers)
JEL-codes: O32 O33 (search for similar items in EconPapers)
Date: 2025
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