Digital innovation management for entrepreneurial ecosystems: services and functionalities as drivers of innovation management software adoption

Herbert Endres*, Stefan Huesig, Robin Pesch

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

47 Citations (Scopus)
6 Downloads (Pure)

Abstract

Innovation Management Software can promote Entrepreneurial Ecosystems by consolidating an organization’s innovation programs, stakeholders, and resources in one place. In this study, we highlighted the digitalization of innovation processes. We focus particularly on the factors influencing the adoption of a specific class of software tools called Innovation Management Software (IMS) or Digital Innovation Management System to support innovation management methods and activities. Specifically, we address the two questions (a) which specific functionality drives the adoption of IMS tools, and (b) which services of IMS providers are valuable in supporting the adoption of IMS by organizations aiming to digitalize their innovation processes. By using an online questionnaire, we gathered survey data from 199 innovation managers of German firms. We used regression analysis to test our hypotheses. While the overall IMS adoption is considered to positively affect the new product development (NPD) efficiency, our results indicate that especially idea management functionalities and services for updates and upgrades improve the IMS adoption. Surprisingly, offering complementary consulting services together with IMS offerings to support the digitalization of innovation processes reduces the likelihood of IMS adoption. These findings are important for managers, consultants, and developers in order to choose and leverage the right options for improving the adoption of IT tools in the NPD process and therefore increase NPD performance and thus also promote Entrepreneurial Ecosystems.
Original languageEnglish
Pages (from-to)135-156
Number of pages22
JournalReview of Managerial Science
Volume16
Issue number1
Early online date27 Jan 2021
DOIs
Publication statusPublished - 1 Jan 2022
Externally publishedYes

Cite this