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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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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T2 - Digitalisation as a Change Driver

AU - Valkokari, Katri

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AU - Seisto, Anu

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AU - Ylén, Peter

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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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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