Digital Technologies in Innovation Ecosystem: A Systematic Review of Current Trends and Future Perspective

ABSTRACT This article explores the role of digital technologies in innovation ecosystems. Using the systematic literature review (SLR) technique, we have reviewed and analyzed 71 articles published in major innovation journals. Our review was conducted using a comprehensive search strategy, to identify, select, evaluate, and synthesize pertinent literature on this topic. The findings of this review are categorized into three main sections: (i) quantitative descriptive analysis—highlighting existing research profile, (ii) thematic content analysis—delineating extant literature into key streams and presenting a comprehensive synthesis, and (iii) critical analysis—highlighting knowledge gaps in the current literature and to set a future research agenda by developing specific research questions. We contribute to the innovation literature by developing a synthesized framework that provides a bird's eye view at the intersection of digital technologies and the innovation ecosystem. The findings of this review provide novel insights into how digital technologies can be effectively used to support innovation ecosystems as well as the challenges that need to be addressed to fully realize their potential.