Role of Entrepreneurial Support for Networking in Innovation Ecosystems: An Agent Based Approach

Entrepreneurial support organizations are among the most successful approaches for economic growth. There are multiple dimensions of entrepreneurial support activities such as resource provision, funding or networking support. In this paper, we present an approach for the assessment and analysis of entrepreneurial support for networking and its effects on global innovation ecosystems. The innovation ecosystem in our approach is modeled as a complex adaptive network by using an agent-based modeling methodology with a focus on entrepreneurial support organizations. A portion of the economic entities in this ecosystem is provided with entrepreneurial support of different types to assess their effects. The results highlight the positive impact of networking support on the innovation ecosystem.