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New Venues for Collaborative Business Model Innovation Through Ecosystems

Author

Listed:
  • Lucas Miehé

    (ETH Zurich)

  • Oliver Gassmann

    (University of St. Gallen)

Abstract

Digital transformation enables novel opportunities for incumbents and new entries to collaborate and jointly create value in ecosystems. Ecosystems can be considered as aligned and integrated business models along the customer journey. Using two illustrative examples from financial services, we explain what ecosystems are and which factors must be considered for success. We highlight three use cases that underline the significance of ecosystems for the financial service industry today and explain why ecosystems are game changers for future research on business model innovation.

Suggested Citation

  • Lucas Miehé & Oliver Gassmann, 2024. "New Venues for Collaborative Business Model Innovation Through Ecosystems," Palgrave Macmillan Books,, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-3-031-57511-2_3
    DOI: 10.1007/978-3-031-57511-2_3
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