Collaborative Business Model Innovations in Media Ecosystems: Digitalisation as a Change Driver

    Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

    Abstract

    Purpose - The purpose of this study is to deepen our understanding of digital disruption in media ecosystems and explore how media ecosystem actors can innovate their boundary-spanning business models. Design/methodology/approach - We propose a qualitative case study approach in order to understand the studied phenomenon, digital disruption in Finnish media ecosystems, from the inside rather than the outside. Originality/value - This case study methodology demonstrates that the traditional media ecosystem is changing dramatically. Digitalisation is disrupting the current business models in media ecosystem and new actors and roles are emerging. We present with a value map that business model innovations in media ecosystems include possibilities in all three key areas, i.e. value creation, proposition and capture. Practical implications - The outcomes of the study highlight that most of the business model innovations require interaction with key players, as the roles and offerings of ecosystem actors are interconnected. Thus, media ecosystem actors should build the transformation to their own strengths, such as qualitative content production and brand name.
    Original languageEnglish
    Title of host publicationProceedings of the International Forum on Knowledge Asset Dynamics
    PublisherIKAM - Institute of Knowledge Asset Management
    Pages1467 - 1478
    ISBN (Print)978-88-96687-10-9
    Publication statusPublished - 2017
    MoE publication typeA4 Article in a conference publication
    Event12th IFKAD 2017: International Forum on Knowledge Asset Dynamics, Knowledge Management in the 21st Century: Resilience, Creativity and Co-Creation - St.Petersburg, Russian Federation
    Duration: 7 Jun 20179 Jun 2017

    Conference

    Conference12th IFKAD 2017: International Forum on Knowledge Asset Dynamics, Knowledge Management in the 21st Century: Resilience, Creativity and Co-Creation
    Abbreviated titleIFKAD 2017
    CountryRussian Federation
    CitySt.Petersburg
    Period7/06/179/06/17

    Fingerprint

    Business model innovation
    Ecosystem
    Disruption
    Business model
    Value creation
    Brand names
    Methodology
    Boundary spanning
    Interaction
    Design methodology

    Keywords

    • media ecosystem
    • collaboration
    • business model innovation
    • digitalisation
    • change driver

    Cite this

    Valkokari, K., Still, K., Seisto, A., Korhonen, H., & Ylén, P. (2017). Collaborative Business Model Innovations in Media Ecosystems: Digitalisation as a Change Driver. In Proceedings of the International Forum on Knowledge Asset Dynamics (pp. 1467 - 1478). IKAM - Institute of Knowledge Asset Management.
    Valkokari, Katri ; Still, Kaisa ; Seisto, Anu ; Korhonen, Heidi ; Ylén, Peter. / Collaborative Business Model Innovations in Media Ecosystems : Digitalisation as a Change Driver. Proceedings of the International Forum on Knowledge Asset Dynamics. IKAM - Institute of Knowledge Asset Management, 2017. pp. 1467 - 1478
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    title = "Collaborative Business Model Innovations in Media Ecosystems: Digitalisation as a Change Driver",
    abstract = "Purpose - The purpose of this study is to deepen our understanding of digital disruption in media ecosystems and explore how media ecosystem actors can innovate their boundary-spanning business models. Design/methodology/approach - We propose a qualitative case study approach in order to understand the studied phenomenon, digital disruption in Finnish media ecosystems, from the inside rather than the outside. Originality/value - This case study methodology demonstrates that the traditional media ecosystem is changing dramatically. Digitalisation is disrupting the current business models in media ecosystem and new actors and roles are emerging. We present with a value map that business model innovations in media ecosystems include possibilities in all three key areas, i.e. value creation, proposition and capture. Practical implications - The outcomes of the study highlight that most of the business model innovations require interaction with key players, as the roles and offerings of ecosystem actors are interconnected. Thus, media ecosystem actors should build the transformation to their own strengths, such as qualitative content production and brand name.",
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    Valkokari, K, Still, K, Seisto, A, Korhonen, H & Ylén, P 2017, Collaborative Business Model Innovations in Media Ecosystems: Digitalisation as a Change Driver. in Proceedings of the International Forum on Knowledge Asset Dynamics. IKAM - Institute of Knowledge Asset Management, pp. 1467 - 1478, 12th IFKAD 2017: International Forum on Knowledge Asset Dynamics, Knowledge Management in the 21st Century: Resilience, Creativity and Co-Creation, St.Petersburg, Russian Federation, 7/06/17.

    Collaborative Business Model Innovations in Media Ecosystems : Digitalisation as a Change Driver. / Valkokari, Katri; Still, Kaisa; Seisto, Anu; Korhonen, Heidi; Ylén, Peter.

    Proceedings of the International Forum on Knowledge Asset Dynamics. IKAM - Institute of Knowledge Asset Management, 2017. p. 1467 - 1478.

    Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

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    AU - Valkokari, Katri

    AU - Still, Kaisa

    AU - Seisto, Anu

    AU - Korhonen, Heidi

    AU - Ylén, Peter

    N1 - Project : 108640

    PY - 2017

    Y1 - 2017

    N2 - Purpose - The purpose of this study is to deepen our understanding of digital disruption in media ecosystems and explore how media ecosystem actors can innovate their boundary-spanning business models. Design/methodology/approach - We propose a qualitative case study approach in order to understand the studied phenomenon, digital disruption in Finnish media ecosystems, from the inside rather than the outside. Originality/value - This case study methodology demonstrates that the traditional media ecosystem is changing dramatically. Digitalisation is disrupting the current business models in media ecosystem and new actors and roles are emerging. We present with a value map that business model innovations in media ecosystems include possibilities in all three key areas, i.e. value creation, proposition and capture. Practical implications - The outcomes of the study highlight that most of the business model innovations require interaction with key players, as the roles and offerings of ecosystem actors are interconnected. Thus, media ecosystem actors should build the transformation to their own strengths, such as qualitative content production and brand name.

    AB - Purpose - The purpose of this study is to deepen our understanding of digital disruption in media ecosystems and explore how media ecosystem actors can innovate their boundary-spanning business models. Design/methodology/approach - We propose a qualitative case study approach in order to understand the studied phenomenon, digital disruption in Finnish media ecosystems, from the inside rather than the outside. Originality/value - This case study methodology demonstrates that the traditional media ecosystem is changing dramatically. Digitalisation is disrupting the current business models in media ecosystem and new actors and roles are emerging. We present with a value map that business model innovations in media ecosystems include possibilities in all three key areas, i.e. value creation, proposition and capture. Practical implications - The outcomes of the study highlight that most of the business model innovations require interaction with key players, as the roles and offerings of ecosystem actors are interconnected. Thus, media ecosystem actors should build the transformation to their own strengths, such as qualitative content production and brand name.

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    KW - digitalisation

    KW - change driver

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    BT - Proceedings of the International Forum on Knowledge Asset Dynamics

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    Valkokari K, Still K, Seisto A, Korhonen H, Ylén P. Collaborative Business Model Innovations in Media Ecosystems: Digitalisation as a Change Driver. In Proceedings of the International Forum on Knowledge Asset Dynamics. IKAM - Institute of Knowledge Asset Management. 2017. p. 1467 - 1478