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Ecosystem Advantage: How to Successfully Harness the Power of Partners
Open accessAbstract
Changes in the global environment are generating opportunities for companies to build advantage by creating loosely coupled networks or ecosystems. Ecosystems are larger, more diverse, and more fluid than a traditional set of bilateral partnerships or complementors. By leveraging ecosystems, companies can deliver complex solutions while maintaining corporate focus. This article describes six keys to unlock ecosystem advantage: pinpointing where value is created, defining an architecture of differentiated partner roles, stimulating complementary partner investments, reducing the transaction costs, facilitating joint learning across the network, and engineering effective ways to capture profit.
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Citations
Cited by
Towards a theory of ecosystems
Jacobides, M. G., Cennamo, C., & Gawer, A. (2018) · Strategic Management Journal · doi:10.1002/smj.2904 · Cited by 3,724
The lineages of the entrepreneurial ecosystem approach
Acs, Z. J., Stam, E., Audretsch, D. B., & O’Connor, A. (2017) · Small Business Economics · doi:10.1007/s11187-017-9864-8 · Cited by 1,020
Peng, Y., & Tao, C. (2022) · Journal of Innovation & Knowledge · doi:10.1016/j.jik.2022.100198 · Cited by 745
Maneuvering in Poor Visibility: How Firms Play the Ecosystem Game when Uncertainty is High
Dattée, B., Alexy, O., & Autio, E. (2018) · Academy of Management Journal · doi:10.5465/amj.2015.0869 · Cited by 567
Roles during innovation ecosystem genesis: A literature review
Dedehayir, O., Mäkinen, S. J., & Roland Ortt, J. (2018) · Technological Forecasting and Social Change · doi:10.1016/j.techfore.2016.11.028 · Cited by 499
Metadata
- Authors
- Williamson, P. J., & De Meyer, A.
- Venue
- California Management Review
- Publisher
- SAGE Publications
- Published
- 2012-10
- Volume
- 55
- Issue
- 1
- Pages
- 24-46
- ISSN
- 0008-1256 (ISSN-L)
- 2162-8564
- OpenAlex
- W50131900
- Cited by
- 390
- References
- 0
- FWCI
- 38.26
- Type
- journal article
- Language
- en
- Open access
- green
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
