Dynamic Capacities and Value Creation in Digital Innovation Ecosystems: An Empirical Study of European EDIHs

Abstract

<p>The Digital Europe Programme is a new EU initiative to fund the development of digital innovation ecosystems known as European Digital Innovation Hubs (EDIHs). The European Commission sees these hubs as key actors in increasing the digitalisation of SMEs and promoting competitiveness.</p><p>This study examines the value creation and dynamic capabilities of EDIH ecosystems by mapping 31 ecosystems. The aim is to understand the formation of the ecosystem's value network and its key drivers. We will discuss with EDIH the ongoing efforts to develop dynamic capabilities for value creation. Our results reveal the most significant value creation areas in the EDIH ecosystem and identify five levels of multidimensional value-creating practices. We propose to link dynamic capacities and value creation in Europe's digital innovation ecosystems.<br></p>