Mapping an Entrepreneurial, Innovative and Sustainable Ecosystem Using Social Network Analysis: An Exploratory Approach of Publicly Funded Innovative Project Data

Abstract

The innovative dynamics of a region largely depends on existing actors and their connectivity, so the resilience of a particular innovation system can be analysed through the study innovation networks. Starting from the Algarve's case study, this analysis uses methods of social network structural analysis to map actors and centralities regarding cooperation and innovation in regional development. The chapter uses data collected through web content mining, starting from the list of organizations that have benefited from public support to innovation. The mapping of the innovation network in the Algarve is compared to theoretical models of resilient networks with the statistical indicators of hierarchy and homophily. The results facilitate the identification of gatekeepers, clusters of activities and constraints and potentialities to the enhancement of the regional entrepreneurial, innovative and sustainable (EIS) ecosystem. This approach has high potential for replication in other regions. The chapter concludes with policy implications for the EIS ecosystem's resilience and dynamics.