Business, Innovation, and Knowledge Ecosystems: How They Differ and How to Survive and Thrive within Them

Innovation Ecosystems vs. Innovation Systems in Terms of Collaboration and Co-creation of Value

“…Firstly, regarding the scope of innovation, new ideas can be generated by formal scientific R&D; they can also result from non-R&D activities that do not require fixed research costs yet increase the efficiency with which a good or service is produced (such as innovations in managerial and organizational [14] Literature review of ecosystem analogies: industrial ecosystem, innovation ecosystem, business ecosystem, digital business ecosystem, entrepreneurship ecosystem Ecosystem analogies have various scopes and objectives having an impact on microlevel, associated with actions of internal actors; (eco)system can be a significant determinant of sustainable economic development (Gawer, 2014) [15] Review of management research on technological platforms: industrial economics and engineering design Platforms operate along an organizational continuum, including firms, supply chains, and industry ecosystems (Gawer & Cusumano, 2014) [16] Platform-based ecosystem innovation; review of research on internal and external platforms A critical issue for managers is to learn to manage the evolution of their industry platforms and accompanying ecosystems and make interrelated technological and business decisions (Thomas, Autio, & Gann, 2014) [17] 183 publications of platforms in management context Four streams of platform research identified: organizational capability, product family, market intermediary and technology system (Kortelainen & Järvi, 2014) [18] 72 empirical articles on ecosystems in a business context Research on ecosystems is still a long way from the stage of theory testing (i.e., using multivariate statistical methods) or of replication studies across ecosystems (Valkokari, 2015) [19] Review of types of business, innovation and knowledge ecosystems and the relationships between them…”

Creating a shared narrative: the use of causal layered analysis to explore value co-creation in a novel service ecosystem

“…In the many firm-centric views on value co-creation, the emphasis lies on the optimisation of monetary wealth for a single actor who takes part in the value exchange [46,47]. By contrast, the S-D logic view on value creation builds on a socially constructed multi-actor process that occurs at the intersection of activities among providers, consumers or any other possible actors, all of whom are participating in the value co-creation process [18,19,32].…”

Enabling the Mapping of Internet of Things Ecosystem Business Models Through Roles and Activities in Value Co-creation

“…A platform ecosystem is a specific part of the business ecosystem consisting of a platform owner, its complementors and end-users [23]. Further, knowledge ecosystems, with universities and other research institutes playing strong roles, have as their main interest creating new knowledge [24]. The motivation of ecosystem partners can include economic, societal or self-actualization as drivers for participation.…”