FUNCTIONING AND DEVELOPMENT OF DIGITAL ECOSYSTEMS: SUCCESS FACTORS

Keywords: digitalization, network, competition, ecosystem, business model, management, strategy

Abstract

Ecosystems are gradually becoming the dominant form of organization in the digital economy. They form the main trend in the development of the digital economy and its interaction with various economic entities. To compensate for the lack of production capacity, ecosystems are actively investing in the development of algorithms to analyze data on customer preferences and desires. Combined with network effects, this makes exponential growth possible, the level of which in recent years has caused serious risks to the existence of classic businesses and enterprises. The article analyzes the key factors influencing the efficiency of the process of creation, functioning and development of digital ecosystems. It is proved that the term “digital ecosystems” refers to digital tools for transformation processes, with the help of which an enterprise moves from a product-oriented model to a digitalization-oriented business model and logic. The author focuses on the emergence of the concept of "ecosystem", examples of its use in the scientific literature and existing interpretations of this term. Approaches to the definition of «ecosystems» have been generalized, two key characteristics of their formation have been allocated. The concept of business ecosystem is defined. The role of infrastructure in the formation of the ecosystem is disclosed and the form of organization of infrastructure management is proposed. The factors of emergence and development of digital ecosystems are studied, the ways of their formation are considered, and the characteristics of the difficulties of creating a digital ecosystem are provided. The article discusses the network digital interactions that give rise to a new business configuration – an ecosystem that differs from both corporate and intercompany relationships of the previous type. The types of strategies for creating digital ecosystems of companies are allocated. The advantages and limitations of the business ecosystem, as well as applicability in the context of digitalization of the economy, are analyzed.

References

Tansley A. The use and abuse of vegetational concepts and terms. Ecology. 1935. Vol. 16. No. 4. P. 284–307

Moore J. Predators and Prey: а New Ecology of Competition. Harvard Business Review. 1993. Vol. 71, Іs. 3. P. 75–86.

Adner R. Match Your Innovation Strategy to Your Innovation Ecosystem. Harvard Business Review. 2006. Vol. 84, Іs. 4. P. 98–107

Попов Є.В., Симонова В.Л., Челак І.П. Типологія моделей регіональних інноваційних екосистем. Регіональна економіка: теорія і практика. 2020. Т. 18. № 7 (478). С. 1336-1356.

Rothschild М. Bionomics: Economy as Business Ecosystem. Beard Books, 1990. 444 p.

Jacobides M. G., Cennamo C., Gawer A. Towards a theory of ecosystems. Strategic Management Journal. 2018. Vol. 39. No. 8. Р. 2255–2276. DOI: https://doi.org/10.1002/smj.2904

Teece D.J. Explicating Dynamic Capabilities: The nature and microfoundations of (sustainable) enterprise performance. Strategic Management Journal. 2007. Vol. 28. No. 13. P. 1319–1350.

Iansiti M., Levien R. The Keystone Advantage: What the new dynamics of business ecosystems mean for strategy, innovation, and sustainability. Boston, MA:Harvard Business School Press. 2004. 255 p.

Ceccagnoli M., Forman C., Huang P., Wu D. J. Co-creation of Value in a Platform Ecosystem: The case of enterprise software. MIS Quarterly. 2012. Vol. 36. No. 1. Р. 263–290.

Alstyne M., Parker G., Choudary S. Pipelines, Platforms, and the New Rules of Strategy. Harvard Business Review. April, 2016. Р. 54–60.

Adner R. The Wide Lens: A new strategy for innovation. London: Penguin, 2012. 288 p.

Константиниди Х.А. Компанія як екосистема: актуальні інструменти управління: кол. монографія. Суми : Сумський ЦНТІ, 2020. 146 с.

Клейнер Г.Б. Економіка екосистем: крок у майбутнє. Лондон: Penguin, 2019. № 1. С. 40–45.

Рибачук М. А. Оцінка ефективності реалізації екосистемної стратегії операторами зв’язку. Економіка і управління: проблеми, рішення. 2020. № 6. Т. 2. С. 63–72

Salameh K., Chbeir R., Camblong H., Vechiu I. A Digital Ecosystem Cooperative Model: An Application on Microgrids. Ieee Transactions on Sustainable Computing. 2018. Vol. 3. Iss. 4. P. 221–235.

Bacon E., Williams M.D., Davies G.H. Recipes for Success: Conditions for Knowledge Transfer Across Open Innovation Ecosystems. International Journal of Information Management. 2019. Vol. 49. Is. 4. P. 377–387.

Laffont J., Rey P., Tirole J. Network Competition: I. Overview and Non- discriminatory Pricing. The RAND Journal of Economics. 1998.Vol. 29. No. 1. P. 1–37.

Moore J. Predators and Prey: а New Ecology of Competition. Harvard Business Review. 1993. Vol. 71. Is. 3. P. 75–86.

Tobias J. Accessibility and Product Ecosystems. The Information Society. 2007. Vol. 23. No. 3. P. 183–186. DOI: https://doi.org/10.1080/01972240701323598

Jacobides M., Cennamo C., Gawer A. Towards a Theory of Ecosystems. Strategic Management Journal. 2018. Vol. 39. Is. 8. P. 2255–2276.

Tansley A. (1935) The use and abuse of vegetational concepts and terms. Ecology, vol. 16, no. 4, pp. 284–307.

Moore J. (2003) Predators and Prey: а New Ecology of Competition. Harvard Business Review, vol. 71, іs. 3. pp. 75–86.

Adner R. (2006). Match Your Innovation Strategy to Your Innovation Ecosystem. Harvard Business Review, vol. 84, іs. 4. pp. 98–107

Popov Ye. V., Symonova V. L., Chelak I. P. (2020) Typolohiia modelei rehionalnykh innovatsiinykh ekosystem: [Typology of models of regional innovation ecosystems] Rehionalna ekonomika: teoriia i praktyka. vol. 18, no 7 (478), рр. 1336–1356. (in Ukrainian)

Rothschild М. (1990) Bionomics: Economy as Business Ecosystem. Beard Books. 444 p.

Jacobides M. G., Cennamo C., Gawer A. Towards (2018) А theory of ecosystems. Strategic Management Journal, vol. 39, no. 8, рp. 2255–2276. DOI: https://doi.org/10.1002/smj.2904

Teece D. J. (2007) Explicating Dynamic Capabilities: The nature and microfoundations of (sustainable) enterprise performance. Strategic Management Journal, vol. 28, no. 13, pp. 1319–1350.

Iansiti M., Levien R. (2004) The Keystone Advantage: What the new dynamics of business ecosystems mean for strategy, innovation, and sustainability. Boston, MA: Harvard Business School, 255 p.

Ceccagnoli M., Forman C., Huang P., Wu D. J. (2012) Co-creation of Value in a Platform Ecosystem: The case of enterprise software. MIS Quarterly, vol. 36, no. 1, pp. 263–290.

Alstyne M., Parker G., Choudary S. Pipelines (2016) Platforms, and the New Rules of Strategy. Harvard Business Review, рp. 54–60.

Adner R. (2012) The Wide Lens: A new strategy for innovation. London: Penguin, 288 p.

Konstantynydy Kh. A. (2020) Kompaniia yak ekosystema: aktualni instrumenty upravlinnia [The company as an ecosystem: current management tools]: kol. monohrafiia. Sumy: Sumskyi TsNTI, р. 146. (in Ukrainian)

Kleiner H. B. (2019) Ekonomika ekosystem: shah u maibutnie: [Ecosystem economics: a step into the future]. London: Penguin. No 1, рр. 40–45. (in Ukrainian)

Rybachuk M. A. (2020) Otsinka efektyvnosti realizatsii ekosystemnoi stratehii operatoramy zviazku: [Assessment of effectiveness of ecosystem strategy implementation by communication operators]. Ekonomika i upravlinnia: problemy, rishennia, no. 6, vol, 2, рр. 63–72. (in Ukrainian)

Salameh K., Chbeir R., Camblong H., Vechiu I. (2018) A Digital Ecosystem Cooperative Model: An Application on Microgrids. Ieee Transactions on Sustainable Computing, vol. 3, iss. 4, pp. 221–235.

Bacon E., Williams M. D., Davies G. H. (2019) Recipes for Success: Conditions for Knowledge Transfer Across Open Innovation Ecosystems. International Journal of Information Management, vol. 49, is. 4, pp. 377–387.

Laffont J., Rey P., Tirole J. (1998) Network Competition: I. Overview and Non- discriminatory Pricing. The RAND Journal of Economics, vol. 29, no. 1, рp. 1–37.

Moore J. (1993) Predators and Prey: а New Ecology of Competition. Harvard Business Review, vol. 71, is. 3, pp. 75–86.

Tobias J. (2007) Accessibility and Product Ecosystems. The Information Society, vol. 23, no. 3, рp. 183–186. DOI: https://doi.org/10.1080/01972240701323598

Jacobides M., Cennamo C., Gawer, A. Towards (2018) А Theory of Ecosystems. Strategic Management Journal, vol. 39, is. 8, pp. 2255–2276.

Article views: 10
PDF Downloads: 25
Published
2024-02-29
How to Cite
Sedikov, D. (2024). FUNCTIONING AND DEVELOPMENT OF DIGITAL ECOSYSTEMS: SUCCESS FACTORS. Sustainable Development of Economy, (1(48), 112-118. https://doi.org/10.32782/2308-1988/2024-48-15