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How does innovation emerge in open platform ecosystems?

Author

Listed:
  • María J. Quero

    (University of Málaga)

  • Montserrat Díaz-Méndez

    (University of Extremadura)

  • Jose L. Ruiz-Alba

    (University of Málaga and University of Westminster)

Abstract

New collaborative contexts like open platforms represent a growing area in which the institutions are questioned and, in some cases, challenged (de-institutionalized) as part of a process that drives market innovation, allowing for ecosystem self-adjustment. This research investigates the underlying processes of change and evolution linked to innovation in the arts crowdfunding ecosystem context from an institutional point of view and connects the de-institutionalization process with the capability of a system to rely on the actors to make it possible for the ecosystem to evolve and create new institutions as a result of the interplay and institutional work. This paper addresses a gap in innovation emergence in service ecosystems, shedding light on the role of the de-institutionalization process as a path for inducing disruption relying on actors’ co-creation to make the system adjust and evolve through the emergence of new network practices.

Suggested Citation

  • María J. Quero & Montserrat Díaz-Méndez & Jose L. Ruiz-Alba, 2025. "How does innovation emerge in open platform ecosystems?," Electronic Markets, Springer;IIM University of St. Gallen, vol. 35(1), pages 1-15, December.
    • Handle: RePEc:spr:elmark:v:35:y:2025:i:1:d:10.1007_s12525-024-00749-5
    DOI: 10.1007/s12525-024-00749-5
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    Keywords

    Institutions; Multi-sided platforms; Innovation ecosystems; Crowdfunding;
    All these keywords.

    JEL classification:

    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing

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