Value Creation by Knowledge-Based Ecosystems

Value Creation by Knowledge-Based Ecosystems

Author: Michel van der Borgh

Publisher:

Published: 2012

Total Pages: 0

ISBN-13:

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A growing number of research and development-driven companies are located in knowledge-based ecosystems. Value creation by these ecosystems draws on the dynamics of single firms (interacting and partnering) as well as the ecosystem at large. Drawing on a field study of a Dutch high-tech campus, two key sources of value creation are identified: (1) facilitation of the innovation process for individual companies and (2) creation of an innovation community. Furthermore, the coevolution of the ecosystem's business model with firm-level business models explains why technology-based firms join, stay in, or leave the ecosystem at a certain point in time. A remarkable finding is that ecosystem managers have to deliberately facilitate exit routes for companies that no longer fit the ecosystem in order to enhance and reinforce its business model. As such, this study suggests a dynamic capability perspective on knowledge-based ecosystems that need to develop a business model at the ecosystem level to create sufficient innovative capacity and entrepreneurial fitness.


The Innovation Ecosystem as a Source of Value Creation

The Innovation Ecosystem as a Source of Value Creation

Author: Odile de Saint Julien

Publisher: John Wiley & Sons

Published: 2022-09-21

Total Pages: 260

ISBN-13: 1786305747

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Ecosystems have been present in the fields of economics and management for decades, and in recent years they have experienced rapid development. However, there is still no consensus on the definition of an innovation ecosystem. Using concrete examples, The Innovation Ecosystem as a Source of Value Creation proposes a unique model in order to refine the understanding, functions, advantages and disadvantages of innovation ecosystems. This model is based on both the iterative network and integrated value chain. The network supports the collaboration between actors and favors asset transfers articulated around the innovation process. This book highlights the transfer processes at work in the innovation ecosystem, as well as the roles of the actors in this integrated value chain. It presents how value creation is articulated around knowledge to generate value shared by all of the actors in the innovation ecosystem.


Emerging Ecosystem-Centric Business Models for Sustainable Value Creation

Emerging Ecosystem-Centric Business Models for Sustainable Value Creation

Author: Ziouvelou, Xenia

Publisher: IGI Global

Published: 2021-08-06

Total Pages: 237

ISBN-13: 1799848442

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A hyperconnected, constantly evolving world has emerged. A world where people (internet of people), things (internet of things), and data (internet of data) are linked together, shaping the global economy while demanding new, innovative approaches for value creation. The era of hyper-connectivity is no longer characterized by centralized firm-centric business structures and traditional intra-firm and inter-firm processes. Open, distributed ecosystemic formations have started to emerge, utilizing cutting edge technologies to harness the collective power, co-creation ability, and intelligence of the crowd, the data, and the environment in an open participatory value co-creation mode. However, the question has become whether the frameworks, models, and tools that organizations use to create value will remain the same in the new business environment and within the organizations themselves. Existing literature on ecosystems, business models, and business model innovation are starting to examine these aspects. Emerging Ecosystem-Centric Business Models for Sustainable Value Creation explores emerging technology-enabled ecosystems and ecosystem-centric business models in theory and practice, from a business and technological perspective, and in a range of industrial settings, aiming to contribute to the existing knowledge of innovative technology-advanced ecosystems and business models, facilitating their design, implementation, and sustainable value creation. It examines the dynamics of this technology-powered revolution and how it is influencing the foundations of value creation and business modeling in novel ecosystemic formations across the HMD triangle: human, machine, and data. The target audience of this book is researchers and professionals in the fields of innovation, business, and strategy as well as computer science and information technology, along with managers, executives, practitioners, researchers, academicians, and students interested in new ways to create value in emerging and future ecosystems via innovative ecosystem-centric business models and strategies.


Understanding Business Ecosystems : How Firms Succeed in the New World of Convergence ?

Understanding Business Ecosystems : How Firms Succeed in the New World of Convergence ?

Author: Yvon Pesqueux

Publisher: De Boeck Supérieur

Published: 2018-06-29

Total Pages: 334

ISBN-13: 2807323243

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Understanding Business Ecosystems: How Firms Succeed in the New World of Convergence? builds on strategic management and innovationmanagement academic contributions to better understand theoreticaland empirical challenges of business ecosystems. Even if the concept ofbusiness ecosystem was coined in 1993, it will lie fallow during more than tenyears before gaining scholars' interest. Managers will however recognize therelevance of this concept as it grasps the complexity of their business realityin terms of new collaborative and innovative strategies.Thus, the main purpose of this book is twofold. On the one hand, the objective is to identify the epistemological and theoretical fundamentals of business ecosystems, and on the other hand, the purpose is to analyse the various managerial challenges. This volume analyses in particular the issues of knowledge management, coopetition strategies, platforms, governance, etc. Understanding Business Ecosystems: How Firms Succeed in the New World of Convergence? is finally a key reference book that innovates by integratingfor the first time well known French speaking scholars' contributions from the strategy and innovation management fields.


Analyzing the Relationship Between Innovation, Value Creation, and Entrepreneurship

Analyzing the Relationship Between Innovation, Value Creation, and Entrepreneurship

Author: Galindo-Martín, Miguel-Ángel

Publisher: IGI Global

Published: 2019-12-13

Total Pages: 374

ISBN-13: 1799811719

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Innovation stimulates and facilitates entrepreneurship because the highest levels of entrepreneurship are to be found in societies with the highest value creation and digital dividends. The higher levels of consumption, employment, and cost reduction generated by the implementation of digital technologies motivates entrepreneurs to expand their activity and promotes the emergence of new entrepreneurs. Positive outcomes can be generated by the implementation of innovation leaders to higher competition and new markets, incentivizing entrepreneurs to introduce new innovations to react to these higher levels of competition, which are accompanied by their corresponding value creation. Analyzing the Relationship Between Innovation, Value Creation, and Entrepreneurship is a pivotal reference source that analyzes the theoretical and empirical aspects of innovation as a factor that enhances value creation and the role of entrepreneurship. While highlighting topics such as data management, social enterprise, and digital marketing, this publication explores enhanced economic growth and the methods of higher levels of consumption in society. This book is ideally designed for corporate managers, business executives, academicians, students, and researchers seeking current research on interrelationships between financial variables, strategies to apply them at the micro- and macro-level, and a consideration of the fiscal effects once implemented.


Managing Value Propositions in Service Ecosystems

Managing Value Propositions in Service Ecosystems

Author: Julian Boha

Publisher: Springer Nature

Published: 2020-09-08

Total Pages: 234

ISBN-13: 3658317132

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Julian Boha explores value propositions in ecosystems as they play an important role in communicating how a company aims to provide value to business partners and customers. Value propositions are used in our everyday language, yet the concept remains ambiguous as there is a lack of empirical evidence about value propositions and their formal development process. The author provides a much-needed understanding of value propositions within the context of ecosystems and offers tools to systematically create value propositions and orchestrate ecosystems to foster innovation. Further, this book advances to the current understanding of value propositions and their application in the context of innovative ecosystems. ​


Knowledge Management

Knowledge Management

Author: Klaus North

Publisher:

Published: 2018

Total Pages:

ISBN-13: 9783319599793

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This textbook on knowledge management draws on the authors' more than twenty years of research, teaching and consulting experience. The first edition of this book brought together European, Asian and American perspectives on knowledge-based value creation; this second edition features substantial updates to all chapters, reflecting the implications of the digital transformation on knowledge work and knowledge management. It also addresses three new topics: the impact of knowledge management practices on performance; knowledge management in the public sector; and an introduction to ISO 9001:2015 as an implementation framework.


Open Innovation Ecosystems

Open Innovation Ecosystems

Author: Daniel Fasnacht

Publisher: Springer

Published: 2018-11-19

Total Pages: 312

ISBN-13: 3319763946

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Sharing information and knowledge, co-innovating with clients, communities, and competitors and adopting cognitive technology, robo advisors, crowdfunding, and blockchain reflect current socio-economic behaviour. Emerging growth regions in Asia, demographic shifts, intergenerational wealth transfers and increasing regulations are other trends that amplify each other, disrupt the client journey, and affect the entire economy. Moreover, unprecedentedly, new market entrants outside the financial sector, be it Amazon, Apple, Google, or Facebook, are increasingly expanding their scale and scope to offer financial services. Featuring case studies of Chinese business ecosystems, such as Alibaba/Ant Financial, that have transformed from displaying domestic and organic growth to rapid global expansion, this highly readable book gives you glimpses of how banking services are evolving. We break down everything you need to know about the foray of challenger banks into the financial services. You learn how they link health to wealth data and gain advantages through analytical capabilities in the race to attract sophisticated clients with highly personalized experiences. The next level of creating and capturing value for clients and businesses involves platform models embedded in cross-sector ecosystems. Digital platforms are the crucial entry point to global markets, creating value for multiple sides. They leverage self-driving ecosystems that go beyond linear value chains applied in traditional business models as the sources of growth in an interconnected world are collaboration and network effects. The winners will be those who open up and engage themselves in an ecosystem that transcends organizational boundaries and performs without sector borders because every actor contributes to the value constellation of the system. The book provides practitioners and scholars with new insights into open and holistic business models, where competition in future will be between ecosystems rather than at the company level. It encourages leaders to expand their skills and think through the lens of the ecosystem theory while developing compelling strategies to serve the next-generation clients.