This paper aims at studying the concept of innovation ecosystems and investigating the factors affecting them based on their interrelationships with respect to different innovation archetypes.
The methodology is based on using multivariate statistical analysis of the inter-correlations among a number of variables which led to extracting a reduced set of new significant factors that affect China’s innovation ecosystem.
The results showed that innovation archetypes differ significantly with respect to the majority of the new factors.
Through identifying these challenges, decision-makers can develop a better understanding of the variables affecting each archetype of innovation and act accordingly.
The study is the first to fill the gap of addressing a large number of variables affecting innovation and analyzing their interrelationships.
