The Mechanisms for Business Ecosystem Members to Capture Part of a Business Ecosystem’s Joint Created Value

Haruo Awano and Masaharu Tsujimoto
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Haruo Awano: Department of Innovation Science, Tokyo Institute of Technology, Tokyo 108-0023, Japan
Masaharu Tsujimoto: Department of Innovation Science, Tokyo Institute of Technology, Tokyo 108-0023, Japan

Sustainability, 2021, vol. 13, issue 8, 1-20

Abstract: Research into business ecosystems has rarely examined the success of business ecosystem members. Business ecosystem leaders tend to focus on their own success rather than carefully monitoring the success of business ecosystem members, and each member must find a mechanism to capture part of the business ecosystem’s joint created value. This study examines the mechanisms by which business ecosystem members capture part of a business ecosystem’s joint created value in the cases of linear tape open (LTO) ecosystems and how these mechanisms contribute to the sustainability of a business ecosystem. A case study was conducted with a review of both the author’s experience with Sony and third-party resources. We confirm the results by panel data analysis. We identified three mechanisms. First, a business ecosystem member can establish a new business ecosystem on their own through newly created complementary innovation. Essentially, a business ecosystem member can become a business ecosystem leader in a new business ecosystem. Second, a business ecosystem member gains market shares from technology leadership, the experience of mass production, and collaboration with the business ecosystem leader. Third, a business ecosystem member who creates complementary innovations can obtain patent royalties. These mechanisms help business ecosystem members stay within business ecosystems and contribute to its success and sustainability.

Keywords: business ecosystem; sustainability; value; profit; market share; complementor; panel data; statistical analysis; linear tape open (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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