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Taking initiative in market creation - a business ecosystem actor perspective

Author

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  • Antti Pellinen
  • Paavo Ritala
  • Kati Järvi
  • Liisa-Maija Sainio

Abstract

The purpose of this paper is to examine the role of taking initiative in developing next generation communication services. Focusing on different actors in our analysis, we adopt a business ecosystem perspective, where the role of network effects and interoperability are seen as prerequisites for market creation. In order to create new markets, however, certain actors need to take the initiative and subsequent risks. We provide an exploratory case study on IP multimedia subsystem (IMS) technology, which shows that taking initiative by different actors differ significantly in various phases of the development of new communication offerings. Thus, it is important to recognise that there is not only a need for a hub firm to lead the development as a whole, but more likely there is a need for several actors taking the initiative in the right time and at the right place.

Suggested Citation

  • Antti Pellinen & Paavo Ritala & Kati Järvi & Liisa-Maija Sainio, 2012. "Taking initiative in market creation - a business ecosystem actor perspective," International Journal of Business Environment, Inderscience Enterprises Ltd, vol. 5(2), pages 140-158.
    • Handle: RePEc:ids:ijbenv:v:5:y:2012:i:2:p:140-158
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    Citations

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    Cited by:

    1. Järvi, Kati & Almpanopoulou, Argyro & Ritala, Paavo, 2018. "Organization of knowledge ecosystems: Prefigurative and partial forms," Research Policy, Elsevier, vol. 47(8), pages 1523-1537.
    2. Wu, Qiang & He, Qile, 2020. "DIY Laboratories and business innovation ecosystems: The case of pharmaceutical industry," Technological Forecasting and Social Change, Elsevier, vol. 161(C).
    3. Anastasia Roukouni & Heide Lukosch & Alexander Verbraeck & Rob Zuidwijk, 2020. "Let the Game Begin: Enhancing Sustainable Collaboration among Actors in Innovation Ecosystems in a Playful Way," Sustainability, MDPI, vol. 12(20), pages 1-17, October.
    4. Changhee Yoon & Seungyeon Moon & Heesang Lee, 2022. "Symbiotic Relationships in Business Ecosystem: A Systematic Literature Review," Sustainability, MDPI, vol. 14(4), pages 1-15, February.
    5. Taishoff, Marika & Mühlbacher, Hans & Kauppinen-Räisänen, Hannele, 2022. "Building and sustaining resilient luxury service ecosystems," Journal of Business Research, Elsevier, vol. 146(C), pages 201-215.
    6. Michael G. Jacobides & Carmelo Cennamo & Annabelle Gawer, 2018. "Towards a theory of ecosystems," Strategic Management Journal, Wiley Blackwell, vol. 39(8), pages 2255-2276, August.
    7. Haneen Allataifeh & Sedigheh Moghavvemi, 2021. "The Individual Dimension of Digital Innovation: The Altered Roles of Innovation Agents and Market Actors," Sustainability, MDPI, vol. 13(16), pages 1-21, August.

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