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Relational Capital for Innovative Growth Companies: Start-ups and Relational Capital


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Relational Capital for Innovative Growth Companies: Start-ups and Relational Capital. Presented in Creating value from intangible assets – implication for business and policy, the final seminar of Tekes innovation research program (2012-2014).

Seminar program is available online:

The presented studies are conducted in collaboration with Martha G. Russell, Neil Rubens, Camilla Yu, Rahul C. Basole and other others affiliated with the Innovation Ecosystems Network (IEN).

Published in: Data & Analytics
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Relational Capital for Innovative Growth Companies: Start-ups and Relational Capital

  1. 1. Relational Capital for Growth Companies Project Reino 2013-2014 Kaisa Still, VTT Jukka Huhtamäki, TUT In collaboration with Innovation Ecosystems Network (IEN): Martha G. Russell, Stanford University, USA Neil Rubens, University of Electrocommunications, Tokyo Rahul G. Basole, Georgia Tech, USA
  2. 2. The importance of relationships in innovation ecosystems Theoretical approaches to exploring relationships - Relational capital - Social capital
  3. 3. Data-driven approach • Data • Analysis • Visualizations
  4. 4. Example of a visualization of relational capital: Corporate interlocks in Tekes YIC and innovative non- YIC (econometric analysis in progress)
  5. 5. Topology-based clusters
  6. 6. Example of structural metrics: Austin, Twin Cities and Paris Russell, M. G., Huhtamäki, J., Still, K., Rubens, N., & Basole, R. C. (2015). Relational Capital for Shared Vision in Innovation Ecosystems. Triple Helix: A Journal of University-Industry- Government Innovation and Entrepreneurship. Submitted.
  7. 7. Example of relational metrics • Case Supercell– twitter followers; wikipedia downloads Data collection and analysis: Juha Nurmi, TUT
  8. 8. Novel indicators for relational capital toward supporting transformations ELEMENTS OF RELATIONAL CAPITAL IN THE CONTEXT OF ECOSYSTEMS STRUCTURAL Strusture of the ecosystem as a whole Roles of actors within the ecosystem RELATIONAL Attractiveness of an ecosystem and its actors COGNITIVE Visualizations as means to make relational capital explicit, feedback cycle supporting shared vision