مجلة إقتصاد المال والأعمال
Volume 11, Numéro 1, Pages 833-842
2026-05-31

From Closed Innovation To Collaborative Ecosystems: The Future Of Startups In The Age Of Open Innovation (international Experiences In Fintech & Biotech)

Authors : Groun Nourhane . Edward Nashaat .

Abstract

This study investigates the importance of open innovation in promoting the growth and development of startups within collaborative innovation ecosystems, with a specific focus on overcoming resource scarcity challenges. Adopting a descriptive-analytical approach, the research examines leading international experiences in the Fintech and Biotechnology sectors. The findings indicate that integration into collaborative ecosystems and the adoption of coopetition mechanisms are structural necessities for reducing Research and Development costs and accelerating time to market. The study concludes that the success of startups depends on the ability to balance external knowledge sharing with the protection of core competitive advantages. Furthermore, it recommends the development of regulatory frameworks that incentivize data openness and innovation flows among diverse economic actors.

Keywords

Open Innovation ; Startups ; Coopetition ; Resource Scarcity ; Fintech & Biotech