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Business Ecosystems and Innovation

Author

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  • abe Harraf

    (University of Northern Colorado - Monfort Collge of Business)

Abstract

The concept of Business Ecosystems has become a topic that has received increased attention within management literature and amongst practitioners. This concept refers to the idea that the nature of competition within our contemporary economy has fundamentally changed. No longer do organizations compete with one another in a zero-sum game. Today, organizations are simultaneously collaborating and competing with one another in order to co-create value, co-evolve capabilities with one another, and develop innovations in a more effective, timely and efficient manner. Although this concept has been praised for its ability to create value and share that value amongst ecosystem members, including customers, little research has been conducted to investigate the potential drawbacks of this new form of competition. This paper identifies that business ecosystems can have negative effects on innovation and competition as they develop oligopolistic market structures.

Suggested Citation

  • abe Harraf, 2018. "Business Ecosystems and Innovation," Proceedings of International Academic Conferences 8208527, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iacpro:8208527
    as

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    File URL: https://iises.net/proceedings/39th-international-academic-conference-amsterdam/table-of-content/detail?cid=82&iid=016&rid=8527
    File Function: First version, 2018
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    Citations

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    Cited by:

    1. Abe Harraf & Jay M. Lightfoot & Adam Cole, 2022. "Public-Private Partnerships: Policy Prescription during the Era of Pandemics," Eurasian Journal of Business and Management, Eurasian Publications, vol. 10(4), pages 204-211.

    More about this item

    Keywords

    Business Ecosystems; Keystone organizations; innovation; Oligopoly;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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