Toward an Evolutionary and Sustainability Perspective of the Innovation Ecosystem: Revisiting the Panarchy Model
James Boyer
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James Boyer: LEM - Lille économie management - UMR 9221 - UA - Université d'Artois - UCL - Université catholique de Lille - Université de Lille - CNRS - Centre National de la Recherche Scientifique
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Abstract:
This paper proposes an evolutionary and sustainability perspective of the innovation ecosystem. This study revisits the Panarchy model in order to generate new perspectives on the innovation ecosystem. The Panarchy model describes the evolutionary nature of complex adaptive systems relying on four phases, without, however, being deterministic: exploitation, conservation, decline, and reorganization. When ecosystems face important shocks, adaptive mechanisms and properties within the ecosystem lead the ecosystem to a new reorganization phase, which gives birth to another exploitation phase. In this perspective, the innovation ecosystem allows the avoidance of technology lock-ins and structural and organizational rigidity by providing mechanisms to enhance both resilience and competitiveness. Innovation ecosystem sustainability relies on two major dual forces: the exploitative function and the generative or autopoiesis function. Therefore, evolutionary and sustainability perspectives remain the "natural home" for developing works and models about the innovation ecosystem, and instrumental for policy-makers and practitioners involved in innovation management.
Keywords: innovation ecosystem; sustainability; evolutionary economics; Panarchy; resilience; adaptation; competitiveness (search for similar items in EconPapers)
Date: 2020-04-16
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Citations: View citations in EconPapers (17)
Published in Sustainability, 2020, 12 (8), pp.3232. ⟨10.3390/su12083232⟩
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03131608
DOI: 10.3390/su12083232
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