Visual Analysis of Venture Similarity in Entrepreneurial Ecosystems

Basole, Rahul C.; Park, Hyun-Woo; Chao, Raul O.

doi:10.1109/tem.2018.2855435

Cited by 46 publications

(45 citation statements)

References 56 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Future work could develop a more detailed feature vector of service industries, including network, node, and edge level features. We could also leverage a text analytic approach using company description to identify similar/dissimilar firms [41]. This may provide an alternate look at service industries clusters and boundaries.…”

Section: Discussionmentioning

confidence: 99%

Visualizing the Alliance Network Structure of Service Industries

Basole

2020

Proceedings of the Annual Hawaii International Conference on System Sciences

View full text Add to dashboard Cite

A growing body of research focuses on the structure of interfirm value co-creation.Despite this emphasis, little is known about the variation in interfirm collaboration across different service industries. Building on prior work in service value networks and business ecosystems, we analyze the structural characteristics of 11 service industries using a data-driven visualization approach. We first examine the alliance network structure of each service industry individually and differentiate the nature of collaboration using an exploration/coopetition lens. Second, we examine service industries integratively, thereby exploring the extent to which service industries are converging and traditional industry boundaries are blurred. Our results reveal significant structural differences in alliance network structures between service industries as well as diverse value co-creation orientations. Our macro analysis reveals an overall core-periphery structure and different service industry coupling levels, with actors in the ICT industry playing a particularly central role across subclusters. We frame our findings in terms of industry robustness, openness, and embeddedness.We conclude the paper with theoretical and practical implications for understanding and managing service ecosystems and suggest future research opportunities.

show abstract

Section: Discussionmentioning

confidence: 99%

Visualizing the Alliance Network Structure of Service Industries

Basole

2020

Proceedings of the Annual Hawaii International Conference on System Sciences

View full text Add to dashboard Cite

show abstract

“…Platform ecosystems with actors that have unique, supermodular, or non-generic complementarities require the creation of a specific structure of relationships to create value (Jacobides et al 2018). Different methods exist to first visualize and second analyze ecosystems, such as conceptual, heuristic, mathematical or ontological methods, as well as cluster analysis (Arreola Gonzalez et al 2019;Basole et al 2018).…”

Section: Approaches To Ecosystems Analysismentioning

confidence: 99%

“…First, the topic of value ecosystem modeling and analysis is simply too huge to be acceptably covered in a single survey paper if prior work is to be recognized in any serious fashion. Second, we focus on e3 value for conceptual modeling based on its suitability to comprehensively visualize large ecosystems (e.g., Böhm et al 2010), and cluster analysis using text mining as it allows to objectively analyze large ecosystems based on organizational descriptions (see Basole et al 2018).…”

Section: Approaches To Ecosystems Analysismentioning

confidence: 99%

“…Thereby, computation power is used to detect patterns and clusters in a much faster way using graph theory algorithms (Basole and Karla 2011). Since organizational data is mostly available in an unstructured form, text mining techniques are leveraged together with graph theory algorithms to detect ecosystems and structural characteristics among this unstructured data (Basole et al 2018). This method can be used to cluster organizations based on their similarity in description or value creation (Basole et al 2018).…”

Section: Cluster Analysismentioning

confidence: 99%

“…Increasingly a structured analysis of ecosystems has gained attraction among scholars in information systems, management, and organization science (Adner 2006;Autio and Thomas 2014;Jacobides et al 2018;Tiwana 2015). To visualize and analyze ecosystems, cluster analysis (Basole 2009;Basole et al 2018), ecosystem-as-a-structure (Adner 2017), or conceptual modeling have been used (Riasanow et al 2017). However, the analyzed ecosystems only concern single industries (see Adner 2017).…”

mentioning

confidence: 99%

See 2 more Smart Citations

Core, intertwined, and ecosystem-specific clusters in platform ecosystems: analyzing similarities in the digital transformation of the automotive, blockchain, financial, insurance and IIoT industry

et al. 2020

View full text Add to dashboard Cite

Digital transformation is continuously changing ecosystems, which also forces established companies to re-evaluate their value proposition. However, only transformations of single ecosystems have been studied. Therefore, this work targets to examine the similarities of digital transformation in five platform ecosystems: automotive, blockchain, financial, insurance, and IIoT. For our analysis, we combine the strengths of conceptual modeling using e3 value with a cluster analysis based on text mining to identify similarities in the respective ecosystems. As a result, we identified 15 clusters. Cluster 01 is the core cluster, containing the roles of organizations from all five ecosystems. Cluster 02-05 are intertwined, as they include roles from at least two ecosystems. Clusters 06-15 are ecosystem-specific that only include roles found in one ecosystem. Scholars and practitioners can use these clusters when analyzing or building a new platform ecosystem, or transforming a traditional ecosystem towards a platform ecosystem.

show abstract

A Hybrid Approach with Machine Learning Towards Opinion Mining for Complex Textual Content

Rajeshwari¹,

D²

2021

Software Engineering and Algorithms

View full text Add to dashboard Cite

Visual Analysis of Venture Similarity in Entrepreneurial Ecosystems

Cited by 46 publications

References 56 publications

Visualizing the Alliance Network Structure of Service Industries

Visualizing the Alliance Network Structure of Service Industries

Core, intertwined, and ecosystem-specific clusters in platform ecosystems: analyzing similarities in the digital transformation of the automotive, blockchain, financial, insurance and IIoT industry

A Hybrid Approach with Machine Learning Towards Opinion Mining for Complex Textual Content

Contact Info

Product

Resources

About