‘The devil is in details’ when it comes to the design and implementation (execution) of ecosystem initiatives. Even the greatest strategies can fail if they are not implemented well and with sufficient capacities. Operational decision-making practices and supervising the implementation of activities often make the difference of success or failure. The wide range of management tools and practices can be applied to manage the portfolio of innovation and entrepreneurship programmes and initiatives. Such efforts increasingly aim at enhancing ecosystem activities both within and beyond any organisational boundaries.
Portfolio management tools bring clarity in the management of many innovation projects. Specific programmes to incubate and accelerate startups can be launched to generate breakthroughs to be incorporated in existing value networks. The practices of R&D commercialisation, IP rights, licencing, venturing or other capital and financial solutions are to be revisited and improved jointly.