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The Mechanisms for Business Ecosystem Members to Capture Part of a Business Ecosystem’s Joint Created Value

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  • Haruo Awano

    (Department of Innovation Science, Tokyo Institute of Technology, Tokyo 108-0023, Japan)

  • Masaharu Tsujimoto

    (Department of Innovation Science, Tokyo Institute of Technology, Tokyo 108-0023, Japan)

Abstract

Research into business ecosystems has rarely examined the success of business ecosystem members. Business ecosystem leaders tend to focus on their own success rather than carefully monitoring the success of business ecosystem members, and each member must find a mechanism to capture part of the business ecosystem’s joint created value. This study examines the mechanisms by which business ecosystem members capture part of a business ecosystem’s joint created value in the cases of linear tape open (LTO) ecosystems and how these mechanisms contribute to the sustainability of a business ecosystem. A case study was conducted with a review of both the author’s experience with Sony and third-party resources. We confirm the results by panel data analysis. We identified three mechanisms. First, a business ecosystem member can establish a new business ecosystem on their own through newly created complementary innovation. Essentially, a business ecosystem member can become a business ecosystem leader in a new business ecosystem. Second, a business ecosystem member gains market shares from technology leadership, the experience of mass production, and collaboration with the business ecosystem leader. Third, a business ecosystem member who creates complementary innovations can obtain patent royalties. These mechanisms help business ecosystem members stay within business ecosystems and contribute to its success and sustainability.

Suggested Citation

  • Haruo Awano & Masaharu Tsujimoto, 2021. "The Mechanisms for Business Ecosystem Members to Capture Part of a Business Ecosystem’s Joint Created Value," Sustainability, MDPI, vol. 13(8), pages 1-20, April.
  • Handle: RePEc:gam:jsusta:v:13:y:2021:i:8:p:4573-:d:539756
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    References listed on IDEAS

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    Cited by:

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    2. Lorena Espina-Romero & Jesús Guerrero-Alcedo & José Gregorio Noroño Sánchez & Angélica Ochoa-Díaz, 2022. "What Are the Topics That Business Ecosystems Navigate? Updating of Scientific Activity and Future Research Agenda," Sustainability, MDPI, vol. 14(23), pages 1-14, December.
    3. Nathasit Gerdsri & Nisit Manotungvorapun, 2021. "Readiness Assessment for IDE Startups: A Pathway toward Sustainable Growth," Sustainability, MDPI, vol. 13(24), pages 1-17, December.
    4. Tzu-Fei Hsiung & Yueh-Hsiu Cheng & Zi-Xun Han, 2021. "Sustainable Partnership: Operational Condition Analysis for Brand Value Co-Creation," Sustainability, MDPI, vol. 13(12), pages 1-23, June.

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