
Orchestrating Value: Digital Ecosystems As The New Business Model
Imagine a thriving rainforest. Each plant, animal, and microorganism plays a vital role in the ecosystem, contributing to its overall health and resilience. Digital ecosystems operate on a similar principle, where interconnected technologies, businesses, and individuals collaborate and interact, creating value for everyone involved. Understanding the intricacies of digital ecosystems is crucial for businesses looking to thrive in today's increasingly interconnected world.
What are Digital Ecosystems?
Defining the Concept
A digital ecosystem is a complex, interconnected network of organizations, people, processes, and technologies that interact to create and exchange value. It's a dynamic environment where participants collaborate and compete, driving innovation and growth. Unlike tradition...