Entrepreneurship and strategic thinking in business ecosystems

Shaker A. Zahra and Satish Nambisan

Business Horizons, 2012, vol. 55, issue 3, 219-229

Abstract: Success in business ecosystems that include well-established companies and new ventures requires collaboration and competition, a task that demands strategic thinking to leverage a firm's resources and capabilities. Strategic thinking and the entrepreneurial activities in an ecosystem influence one another in a cycle that perpetuates and even sparks innovation. These interactions vary significantly across four types of business ecosystems—Orchestra, Creative Bazaar, Jam Central, and MOD Station—and determine the success and failures of new ventures and established companies. The nature and effect of the dynamic interactions in a business ecosystem can have profound implications for organizational success.

Keywords: Business ecosystem; Entrepreneurship; Strategic thinking; Innovation (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (79)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:bushor:v:55:y:2012:i:3:p:219-229

DOI: 10.1016/j.bushor.2011.12.004

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