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How to Compete When Industries Digitize and Collide

Journal

California Management Review

Subject

Strategy and Entrepreneurship

Publishing details

California Management Review 2022 Vol 64:3 p 99-123

Authors / Editors

Jacobides M G

Biographies

Michael G Jacobides

Publication Year

2022

Abstract

As industry boundaries dissolve and digitalization grows apace, ecosystems are becoming increasingly important. Yet for all the excitement and Big-Tech envy, there is little guidance for how to create ecosystems. How should a firm best engage? Should it become a partner to someone else’s ecosystem, or build its own? Should it focus on a broad range of digitally connected services, or narrow down? How should we think about ecosystem value proposition, governance, and complementor choice? And, what is the case for investment in ecosystems? Drawing on recent research and projects with leading firms, this article offers a framework for understanding, engaging in, and building business ecosystems.

Available on ECCH

No


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