Effectiveness of Innovation Ecosystems in the Hypermodern Era: Influence on Entrepreneurial Intelligence and the Creation of Sustainable Value

Victor Mignenan and Faustin Djimalde

International Business Research, 2025, vol. 18, issue 3, 12

Abstract: In the era of hypermodernity, innovation ecosystems have emerged as a pivotal driver of corporate competitiveness and sustainability. These ecosystems integrate diverse stakeholders—businesses, universities, public institutions, incubators, and investors—with the overarching goal of fostering collaboration, facilitating knowledge exchange, and stimulating the emergence of groundbreaking ideas. The effectiveness of such ecosystems is fundamentally influenced by entrepreneurial intelligence, defined as the capacity to identify, mobilize, and capitalize on innovative opportunities. This intelligence serves as a key determinant in the generation of sustainable value, particularly in light of contemporary social and environmental imperatives. This study investigates the measurement of innovation ecosystem effectiveness, the factors that either enhance or constrain its performance, and its influence on entrepreneurial intelligence—particularly in its capacity to generate economic, social, and environmental value. To address these research questions, a survey was conducted among 300 entrepreneurs actively engaged in various innovation ecosystems. The findings, validated through advanced statistical analyses (factor analysis, mediation analysis, and multi-group analysis), underscore the role of specific ecosystem attributes—such as actor diversity, network density, institutional support, and enabling infrastructures—as critical enablers of entrepreneurial intelligence. Moreover, the study establishes that the link between ecosystem attributes and sustainable value creation is mediated by entrepreneurial intelligence. These conclusions suggest that aligning innovation ecosystems with sustainability imperatives should be a strategic priority for entrepreneurs, policymakers, and ecosystem managers, ensuring a long-term impact and fostering resilient, innovation-driven growth.

Date: 2025
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