Managing Innovation Ecosystems to Create and Capture Value in ICT Industries

Pellikka, Jarkko; Ali-Vehmas, Timo

doi:10.22215/timreview/1024

Cited by 48 publications

(47 citation statements)

References 36 publications

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“…Challenges for realizing EVCC have been discussed mainly with regard to innovation and business ecosystems. In innovation ecosystems, focal actors encounter challenges where applying certain strategies (Pellikka & Ali-Vehmas, 2016). The effect of challenges with upstream and downstream sectors are asymmetric and unlike the positive effects of bottlenecks related to suppliers' delay in innovation, such bottlenecks emerging by complementors curb the speed of innovation for leaders (Adner & Kapoor, 2010).…”

Section: Challenges For Realization Ofevccmentioning

confidence: 99%

“…Essential strategies are required for focal firms prior to becoming an ecosystem leader. Leaders need to define a clear vision for the ecosystem, design a modular platform with open modules for other members' contributions, continuously monitor the relationships, make continuous innovations, and ensure the platform is always interesting for complementors ( Vehmas, 2016). Managers must also have a correct perception of the limits of their knowledge, the higher value of integrating intellectual properties, and the importance of the proposed value (Williamson & De Meyer, 2012).…”

Section: Effective Strategic and Operational Practices For Evccmentioning

confidence: 99%

See 1 more Smart Citation

Ecosystem Value Creation and Capture: A Systematic Review of Literature and Potential Research Opportunities

Khademi¹

2020

TIM Review

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Section: Challenges For Realization Ofevccmentioning

confidence: 99%

Section: Effective Strategic and Operational Practices For Evccmentioning

confidence: 99%

Ecosystem Value Creation and Capture: A Systematic Review of Literature and Potential Research Opportunities

Khademi¹

2020

TIM Review

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“…In the recent setting, the process of innovation is no longer seen as linear but as the unforeseeable product that a system generates by a nonlinear iterative process and increasingly relies on interaction and integration among the actors in the network [36,37]. The ecosystem concept provides a complete framework for socio-economic development, in which actors with diverse backgrounds and perspectives collectively work to improve the environment to make it favorable to innovation [38][39][40][41].…”

Section: Ecosystem Concept Of Social Innovationmentioning

confidence: 99%

Co-Creation for Social Innovation in the Ecosystem Context: The Role of Higher Educational Institutions

et al. 2019

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This study examined the role of Higher Educational Institutions (HEIs) in promoting, creating, and sustaining social innovation. Recently, HEIs have extended their contribution beyond the traditional function of teaching and research to perform in socio-economic problem-solving. Considering the increasing trends of higher education involvement in social innovation practices, this study tries to examine the tools such as learning processes and systemic thinking approach that could be helpful to align the function and responsibilities of HEIs towards social innovation. The objective is to develop a theoretical understanding of the “co-creation for social innovation” concept and to understand the functions and activities of HEIs that can contribute to this process. To promote co-creation for social innovation, HEIs should actively encourage collaborative learning tools that focus on open platforms for collective action and systemic change that help them to engage with society and strengthen their collaboration with social actors. Different activities such as mutual learning and knowledge diffusion using a transdisciplinary approach, technology-based learning and collaboration, and relational transformation are key enablers that can promote social innovation.

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“…As the existing studies still tend to only focus on firmspecific viewpoints (Adner & Kapoor, 2010;Akaka et al, 2017) and certain types of ecosystems (Pellikka & Ali-Vehmas, 2016), the aim of this study was to shed light on the complex nature of innovation ecosystems as structures for value co-creation through new knowledge creation. Hence, based on two empirical case examples, this study offers important new insight into the co-existence of different value co-creation practices in Figure 2.…”

Section: Discussionmentioning

confidence: 99%

“…Hence, by shedding light on the interdependencies between the repetitive sequences of cooperation, conflict, and compromise (Pellikka & Ali-Vehmas, 2016), it is clear that the alignment of value is not always possible or even desirable (Pera et al, 2016). In other words, consisting of both intentional and emergent actions, contributions to value co-creation may be either positive or negative (Lintula et al, 2017) -or simply neutral.…”

Section: Sanna Ketonen-oksi and Katri Valkokarimentioning

confidence: 99%