EconPapers    
Economics at your fingertips  
 

Building Business Ecosystems to Cope with Uncertainty

Arnoud De Meyer

Chapter 14 in Business and Policy Challenges of Global Uncertainty:European Perspectives, 2025, pp 357-369 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Business has to cope with increasing uncertainty in its environment. While for many companies this creates a formidable challenge, it can also offer significant opportunities for those companies that innovate in the face of this uncertainty. But to take advantage of such innovations, we have proposed that companies must organize themselves differently from traditional markets or hierarchies. They need to embrace collaboration with partners in loosely coupled networks or business ecosystems, but these ecosystems are difficult to manage. Based on a wide range of case studies, it is proposed that the focus of management should be on the reduction of inefficiencies, stimulating learning and fair allocation of the value created by the ecosystem. That will require a different type of leadership, one that is collaborative in nature and where leaders can motivate people beyond their own organizations.

Keywords: Business Ecosystems; China; Corporate Diplomacy; Deglobalization; Data Regulation; Economic Sanctions; EU Chips Act; India; Money Laundering; Microchips; Multinational Enterprise; Public Responses; The European Automotive Industry; The Global Chip Industry; The Global Shipping Industry; Transnational Management; Uncertainty (search for similar items in EconPapers)
JEL-codes: F2 F23 F5 (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9781800616226_0014 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9781800616226_0014 (text/html)
Ebook Access is available upon purchase.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9781800616226_0014

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().

 
Page updated 2025-04-13
Handle: RePEc:wsi:wschap:9781800616226_0014