PurposeAlthough innovation ecosystems (IEs) are generally considered capable of creating shared value (SV), this potentiality has often been taken for granted and not deeply analysed, yet. As a result, in the literature, there is not a framework that defines the process of SV creation in IEs or which aspects should be considered for understanding it. Moving from these considerations, this paper aims to propose a conceptual model of how IEs can create SV, identifying the main building blocks of the process and the aspects that characterize these building blocks.Design/methodology/approachThe authors reviewed the literature on IEs and value creation over the last 15 years, by structurally analysing 120 articles. On the basis of such review, the authors identified main dimensions of analysis focusing on the conceptualization of SV in IEs.FindingsFirst, the authors developed a conceptual model relying on a process-based logic and framing the SV creation in terms of inputs, here intended as four key characteristics (actors, structure, governance and relations), internal processes (strategies and internal mechanisms) and outputs (the value created). Second, each element of value creation is explored, highlighting the main evidence emerging from prior studies in connection to each block.Originality/valueThis paper drives the identification of some relevant relationships that connect the characteristics of the IEs, the strategies and the internal mechanisms to the output of the process, i.e. the SV created.

This paper contributes to an emerging literature stream advocating the multifaceted involvement of the waste management sector in supporting the up-scaling of the circular economy (CE). It explores the role of waste collection and recycling platforms in overcoming various barriers to CE implementation, inductively analyzing the case of postconsumer wood in Italy. Data were collected from multiple sources: interviews with 33 informants, participation in project meetings, site visits, and public and private documents. The case shows how waste collection platforms can perform different activities that can help address cultural, regulatory, market, and technological barriers. First, these platforms can contribute to stimulating demand for postconsumer wood, carrying out information and communication activities, and fostering the development of a positive image of the recovered material. Second, the platforms can contribute to defining and implementing the conditions to enable the activation of recycling processes.

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PurposeInnovation ecosystems (IEs) have attracted the attention of policymakers and researchers because of their potential to positively affect territories, creating shared value. However, due to the fragmentation of IEs, how this happens in different IEs has been explored only partially. This research aims to bridge this gap, aiming to support policymakers in understanding how to foster shared value in diverse IEs.Design/methodology/approachThe paper identifies, based on the literature, two “drivers of aggregation” of IE's actors as key dimensions characterizing shared value in IEs, namely physical proximity and dominant issue. If these are combined, three archetypes emerge: Hub- and Chain-Driven, Place-Driven, Competence- and Issue-Driven IEs.Then, elements useful for understanding shared value creation in these archetypes are framed and studied in real cases.FindingsResults reveal that aggregation drivers affect shared value creation, which differ among archetypes: in Competence- and Issue-Driven IEs alignment is challenged by the low physical proximity, which in Place-Driven IEs is high, but not enough to grant shared value; in Hub- and Chain-Driven IEs, the hub is the orchestrator, representing both a driver and a risk.Originality/valueDifferences in shared value creation processes relate to the set-up of the IE, which has relevant implications for policy definition. In Competence- and Issue-Driven IEs, policies at diverse levels align in funding and promoting the IE; in Place-Driven IEs, policies support anchors' development on-site; in Hub- and Chain-Driven IEs, policies, sometimes absent, should foster partnerships for projects for the territory, IE's enlargement and resilience.

In the last decade, the decline in industrial settlements has emerged as an increasingly relevant and complex phenomenon that has unveiled the limitations of the management models that are traditionally applied in this situation. This crucial problem is addressed here by adopting a conceptual framework built to exploit a systemic perspective that moves from the recognition of the centrality of the company that used to inhabit such a site. Specifically, operational guidelines are proposed and tested through their application to the case of one large site inhabited by an Enel power plant in Porto Tolle, which is part of the Future project. The results show how the conceptual model enables the identification of site-specific guidelines for the EOL (End Of Life) strategy definition and the generation of opportunities for the entire area, which would have remained undiscovered using more traditional approaches.