New Venues for Collaborative Business Model Innovation Through Ecosystems

Lucas Miehé () and Oliver Gassmann
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Lucas Miehé: ETH Zurich
Oliver Gassmann: University of St. Gallen

Chapter Chapter 3 in Business Model Innovation, 2024, pp 57-89 from Springer

Abstract: 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.

Keywords: Ecosystems; Innovation ecosystem; Business ecosystem; Platform ecosystem; FinTech; Organisational design (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-57511-2_3

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DOI: 10.1007/978-3-031-57511-2_3

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