Business, innovation, and knowledge ecosystems: How they differ and how to survive and thrive within them

Research output: Contribution to journalArticleScientific

Abstract

In management studies, the ecosystem metaphor is often utilized without clear definition and, thereby, several partially overlapping concepts such as industrial, business, service, innovation, and knowledge ecosystems have been introduced. The purpose of this conceptual article is to go beyond the confusion to define what is meant by different concepts regarding an ecosystem and especially describe the relationships between the three different ecosystem types: business, innovation, and knowledge ecosystems. The article contributes to the literature by describing how the ecosystem types differ in terms of their outcomes, interactions, logic of action, and actor roles. The results show that the three ecosystem types are interconnected from the viewpoint of the ecosystem actor. For practitioners, the article sheds more light on how the rules of the game (i.e., the logic of action) differ in the different types of ecosystems and demonstrates that different models are needed in order to operate in different ecosystems.
Original languageEnglish
Pages (from-to)17-24
JournalTechnology Innovation Management Review (TIM Review)
Volume5
Issue number8
Publication statusPublished - 2015
MoE publication typeB1 Article in a scientific magazine

Fingerprint

Business innovation
Business knowledge
Ecosystem
Logic
Service innovation
Overlapping
Management studies
Business services
Interaction

Keywords

  • business ecosystem
  • innovation ecosystem
  • knowledge ecosystem
  • man-made ecosystem
  • ecosystem
  • platforms
  • communities
  • conceptual paper
  • logic of action

Cite this

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title = "Business, innovation, and knowledge ecosystems: How they differ and how to survive and thrive within them",
abstract = "In management studies, the ecosystem metaphor is often utilized without clear definition and, thereby, several partially overlapping concepts such as industrial, business, service, innovation, and knowledge ecosystems have been introduced. The purpose of this conceptual article is to go beyond the confusion to define what is meant by different concepts regarding an ecosystem and especially describe the relationships between the three different ecosystem types: business, innovation, and knowledge ecosystems. The article contributes to the literature by describing how the ecosystem types differ in terms of their outcomes, interactions, logic of action, and actor roles. The results show that the three ecosystem types are interconnected from the viewpoint of the ecosystem actor. For practitioners, the article sheds more light on how the rules of the game (i.e., the logic of action) differ in the different types of ecosystems and demonstrates that different models are needed in order to operate in different ecosystems.",
keywords = "business ecosystem, innovation ecosystem, knowledge ecosystem, man-made ecosystem, ecosystem, platforms, communities, conceptual paper, logic of action",
author = "Katri Valkokari",
note = "SDA: SHP: ForIndustry Project code: 104874",
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journal = "Technology Innovation Management Review (TIM Review)",
issn = "1927-0321",
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AB - In management studies, the ecosystem metaphor is often utilized without clear definition and, thereby, several partially overlapping concepts such as industrial, business, service, innovation, and knowledge ecosystems have been introduced. The purpose of this conceptual article is to go beyond the confusion to define what is meant by different concepts regarding an ecosystem and especially describe the relationships between the three different ecosystem types: business, innovation, and knowledge ecosystems. The article contributes to the literature by describing how the ecosystem types differ in terms of their outcomes, interactions, logic of action, and actor roles. The results show that the three ecosystem types are interconnected from the viewpoint of the ecosystem actor. For practitioners, the article sheds more light on how the rules of the game (i.e., the logic of action) differ in the different types of ecosystems and demonstrates that different models are needed in order to operate in different ecosystems.

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