Table 4

A synthesis of the emerging results related to shared value-creation process in the studied cases

Case 1Case 2Case 3
WHAT is created
Output sphereDifferent output spheres are in focus; members are required to monitor specific indicators at project levelDifferent output spheres in focus (importance of the social one). A performance measurement system will stress the relevance of the “joint” resultsSocial, economic, innovation and environmental impacts generated and partially monitored by the hub
Economic returns necessary to reinvest for having the other ones
PerformanceIntensity is fostered by the width of the IE and the nature of actorsResilience is in focus in the design of the IERapidity is particularly key
HOW value is created
CoopetitionCollaboration at project level, supported by formal mechanisms (i.e. IP rules)Anchors are not competitors. Other actors may be also competitors and their collaboration in the same place might open opportunitiesCollaboration and openness are values of the actors in the IE
AlignmentInternal alignment at project level. Formal procedures are necessary to grant it at IE level. External viability supported by the width of the structureInternal alignment supported by the anchors and the physical proximity. External viability strengthened by the type and role of anchorsInternal alignment strengthened by the presence of the hub and the internal coherence of actors
WHO creates value
ActorsDispersed and diverse: mainly companies of diverse sizes (from multinationals to start-ups)Very diverse anchors: hospital, research center, private multinational, public entity, universityPrivate hub firm + its components, complementors and clients
RelationshipsRelationships strengthened at project level. Difficult to be identified and maintained at IE level
Tangible and intangible resources shared at project level, with care
Both internal and external, strengthened by the anchors. Spaces and intangible resources shared (rational openness)Mainly internal, stemming from the hub and client and then among all IE actors
Tangible and intangible resources shared
GovernanceTop-down mandate and bottom-up development
Independent industry led consortium
Top-down mandate (with independence of the tops) and bottom-up future development
Multi-layered governance structure
Hub's centrality and bottom – up development
Governance structure overlapped with the hub
Policies
RoleKey role in promoting, funding, designing the IEImportant in promoting PPPs and enabling some anchors' rolesPolicy gap at national and local level
TypeIncentives and funds
Regulations
Consistency at diverse levels
Funding
Regulations ad – hoc
Incentives for research (at diverse levels
Incentives and funds (especially for research at international level)

Source(s): Author's own creation

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