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Innovation Ecosystems and Entrepreneurial Development: Opportunities and Challenges

Year: 2026

Type: article

Abstract: Innovation ecosystems are essential in fostering entrepreneurial development by uniting institutions, resources, and stakeholders that aid new ventures. This paper investigates the opportunities and challenges present within innovation ecosystems and analyzes their impact on entrepreneurial growth. By utilizing existing literature and secondary data, the study emphasizes critical elements such as policy support, access to finance, technology, and networks. Although robust ecosystems promote innovation and business formation, deficiencies in infrastructure, coordination, and inclusivity persist, hindering their overall effectiveness. The results provide valuable insights for policymakers, educators, and entrepreneurs aiming to enhance ecosystem performance.

Source: Zenodo (CERN European Organization for Nuclear Research)

DOI: 10.5281/zenodo.18639761

Author: Mrs. Rupali Amit Waghmare

Language: English

Topic: Entrepreneurship Studies and Influences

Subfield: Management of Technology and Innovation

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Decent work and economic growth

Open Access status: green

OpenAlex ID: W7135394382

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