The Role of Entrepreneurial Ecosystem in Enhancing Organizational Performance through Innovation Capability
DOI:
https://doi.org/10.54518/eir.2.2.2024.1278Keywords:
Entrepreneurial Ecosystem, Innovation Capability, Knowledge Sharing, Organizational Performance, Sustainable CompetitivenessAbstract
The increasingly dynamic business environment requires organizations to strengthen their adaptability and innovation capabilities to sustain competitive advantage. In this context, the entrepreneurial ecosystem has emerged as an important external factor that supports organizational growth by providing access to resources, networks, knowledge, and collaborative opportunities. This study aims to examine the relationship between the entrepreneurial ecosystem, innovation capability, and organizational performance through a literature-based approach. The research employs a literature study method by reviewing scientific articles published over the last five years. The analysis was conducted through the processes of identification, selection, evaluation, and synthesis of relevant previous studies. The findings indicate that entrepreneurial ecosystems play a significant role in enhancing innovation capability through access to strategic resources and knowledge exchange among ecosystem actors. Furthermore, innovation capability serves as an important mechanism linking entrepreneurial ecosystems to organizational performance. The results also reveal that the influence of entrepreneurial ecosystems on organizational performance is not always direct but depends on the organization's ability to effectively utilize available resources. This study contributes conceptually by extending the understanding of how external ecosystem factors and internal organizational capabilities interact to create sustainable performance outcomes.
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