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The Myths and Realities of Business Ecosystems
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Journal Article
The Myths and Realities of Business Ecosystems
2019
Overview
Ecosystems are attractive partly because of the new possibilities they create for products and services spanning traditional boundaries--often using digital platforms, APIs, Internet of things technology, and new tools for data gathering and analysis. The growing interest is also driven by necessity: Business environments are evolving more rapidly, requiring the rapid acquisition and coordination of diverse, novel capabilities. The rise of ecosystems requires a new way of thinking about business--the ecosystems perspective. Here, Fuller et al discuss the characteristics of business ecosystems and dispels several common ecosysten myths.
Publisher
Massachusetts Institute of Technology, Cambridge, MA
