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A Study on Strategic Application of Business Ecosystem to Practical Management System

Author

Listed:
  • Daisuke Sato

    (Graduate School of Symbiotic Systems Science and Technology, Fukushima University, Japan Author-2-Name: Masaru Ishioka Author-2-Workplace-Name: Faculty of Symbiotic Systems Science and Technology, Fukushima University, Fukushima, Japan Author-3-Name: Author-3-Workplace-Name: Author-4-Name: Author-4-Workplace-Name: Author-5-Name: Author-5-Workplace-Name: Author-6-Name: Author-6-Workplace-Name: Author-7-Name: Author-7-Workplace-Name: Author-8-Name: Author-8-Workplace-Name:)

Abstract

" Objective - Recently, the market environment has been rapidly changing, and it is difficult for companies to deal with these changes independently. As a countermeasure to these changes, it is considered effective for companies to build ecosystems as solidarity for sharing knowledge or technology with various organizations outside their companies. Methodology - However, the concept of ecosystems in business is vague and complicated. This makes it difficult for companies to apply ecosystem theory to management strategies. To solve these problems, it is necessary to make the theory of ecosystems available to companies to apply their management strategies. Findings - For that reason, based on previous studies, this study categorizes multiple concepts of ecosystems that have developed in an ambiguous state based on the theoretical background, definitions, and characteristics. Also, this study analyzes the types of multiple complementarities, which is a fundamental element of many ecosystem concepts, and organized the ecosystem concepts. Based on this, we present the ""Ecosystem construction framework"" and the ""Process for conception management Strategies utilizing ecosystems"" as models for incorporating ecosystem theory into management strategies. Novelty - A deeper understanding of ecosystems through this research is expected to stimulate the sharing of management resources among various organizations by utilizing ecosystems. Type of Paper - Empirical"

Suggested Citation

  • Daisuke Sato, 2023. "A Study on Strategic Application of Business Ecosystem to Practical Management System," GATR Journals jber233, Global Academy of Training and Research (GATR) Enterprise.
    • Handle: RePEc:gtr:gatrjs:jber233
    DOI: https://doi.org/10.35609/jber.2023.7.4(2)
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    References listed on IDEAS

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    1. Granstrand, Ove & Holgersson, Marcus, 2020. "Innovation ecosystems: A conceptual review and a new definition," Technovation, Elsevier, vol. 90.
    2. Lamar Pierce, 2009. "Big losses in ecosystem niches: how core firm decisions drive complementary product shakeouts," Strategic Management Journal, Wiley Blackwell, vol. 30(3), pages 323-347, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Business ecosystem; Innovation management; Resources Management; Affiliation approach; Structural Approach.;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • L29 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Other

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