Business Ecosystems and Innovation

Abe Harraf ()
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Abe Harraf: University of Northern Colorado - Monfort Collge of Business

No 8208527, Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences

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.

Keywords: Business Ecosystems; Keystone organizations; innovation; Oligopoly (search for similar items in EconPapers)
JEL-codes: O31 (search for similar items in EconPapers)
Pages: 1 page
Date: 2018-07
New Economics Papers: this item is included in nep-com, nep-cse and nep-ino
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Citations: View citations in EconPapers (1)

Published in Proceedings of the Proceedings of the 39th International Academic Conference, Amsterdam, Jul 2018, pages 93-93

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Persistent link: https://EconPapers.repec.org/RePEc:sek:iacpro:8208527

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