Creating Value in Business Ecosystems: How to Leverage Non-Generic Complementarities
The success of organizations increasingly depends on collaborations with other organizations. In this lecture, we will explore the external dependencies of relationships of business models. You will learn about non-generic complementarities and how organizations can leverage them to create and capture value.
After attending this lecture, you should be able to…
- Understand what business ecosystems are and know how to describe them
- Understand the concept of complementarities and distinguish between generic and non-generic (unique and super modular) complementarities
- Identify and describe how combinations of complementarities in production and consumption create ecosystems that are valuable for the organization
- Jacobides, M. G. (2019). In the ecosystem economy, what’s your strategy? Harvard Business Review, 97(5), 128–137.
- Jacobides, M. G., Cennamo, C., & Gawer, A. (2018). Towards a theory of ecosystems. Strategic Management Journal, 39(8), 2255–2276. https://doi.org/10/gd845g
- Daymond, J., Knight, E., Rumyantseva, M., & Maguire, S. (2022). Managing ecosystem emergence and evolution: Strategies for ecosystem architects. Strategic Management Journal. https://doi.org/10.1002/smj.3449
- Stonig, J., Schmid, T., & Müller‐Stewens, G. (2022). From product system to ecosystem: How firms adapt to provide an integrated value proposition. Strategic Management Journal, 43(9), 1927–1957. https://doi.org/10.1002/smj.3390
- Shipilov, A., & Gawer, A. (2020). Integrating research on interorganizational networks and ecosystems. Academy of Management Annals, 14(1), 92–121. https://doi.org/10/ggbnkn
This lecture is part of the Business Model Innovation course at the Radboud University Nijmegen. In an increasingly interconnected world, organizations are confronted with unprecedented levels of turbulence, uncertainty, and complexity. Global trends such as rapid urbanization, climate change, global economic power shifts, digitalization influence the effectiveness and efficiency of existing business models. To ensure future competitive success, organizations must rethink the way they create, deliver, and capture value. This course teaches students how to redesign an organization’s business model and make it future-proof.
A lecture on business ecosystems
In this lecture, you will learn about different strategy implementation processes and examine how you can assess thefeasibility of potential business model innovations.
In this lecture, you will learn how to specify a problem or opportunity in such a way that it can serve as the starting point of the Business Model Innovation Processes.
A lecture on the environmental context, trends, and grand challenges that shape business model innovation.