Abstract
State-Owned Enterprises (SOEs) manage significant portion of world economy, including in the developing countries. SOEs are expected to be active and play significant role in improving the country's economic performance and welfare through enhancing innovation performance. Disruptive market and technology eventually affecting innovation process to be more challenging, complex, and costly. Closed innovation process and lack of collaboration hinders SOEs to reach satisfying innovation performance level, especially in Indonesia. Open innovation paradigm paves way to explore innovation beyond their own internal environment. SOEs need a systematic way in adapting and orchestrating their innovation processes in the context of innovation ecosystem to build competitive advantage through collaborative advantage in the midst of dynamic and complex environment. This paper explores the role of innovation ecosystem in the strategic entrepreneurship process of SOEs, of which is represented by dynamic capability framework, business model innovation, and collaborative advantage as a proxy for competitiveness.
Original language | English |
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Title of host publication | ISPIM Connects Salzburg: The Sound of Innovation |
Publisher | International Society for Professional Innovation Management |
Pages | 1-18 |
ISBN (Print) | 978-952-65069-4-4 |
Publication status | Published - 30 Dec 2023 |
Keywords
- Collaborative innovation
- collaborative advantage
- dynamic capability
- innovation ecosystem
- open innovation
- strategic entrepreneurship
- state-owned enterprises
- resource orchestration