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Innovation Ecosystem - A Value Creation Lever for Open Innovation

Innovation Ecosystem - A Value Creation Lever for Open Innovation

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Economics and management have long recognized the importance of ecosystems, but a consensus on their definition remains elusive. The Innovation Ecosystem as a Source of Value Creation offers a novel model that combines the iterative network and integrated value chain to enhance our understanding of innovation ecosystems. It emphasizes the collaborative nature of these ecosystems and the role of actors in generating value through knowledge sharing.

Format: Hardback
Length: 256 pages
Publication date: 13 November 2022
Publisher: ISTE Ltd


Ecosystems have been a significant presence in the fields of economics and management for several decades, and in recent years, they have witnessed remarkable growth and development. Despite this progress, there remains a lack of consensus regarding the precise definition of an innovation ecosystem. In order to enhance our understanding, functionalities, advantages, and challenges of innovation ecosystems, The Innovation Ecosystem as a Source of Value Creation presents a novel model. This model is grounded in both the iterative network and integrated value chain frameworks. The network fosters collaboration among actors and promotes the exchange of assets, all aligned with the innovation process.

This book delves into the intricate transfer processes occurring within the innovation ecosystem, emphasizing the roles of the various actors involved in this integrated value chain. It sheds light on how value creation is intricately linked to knowledge, resulting in the generation of value that is shared by all participants in the innovation ecosystem.

By exploring these aspects, The Innovation Ecosystem as a Source of Value Creation offers valuable insights into the complex dynamics and processes that drive innovation and value creation in today's dynamic business environment. It serves as a valuable resource for scholars, researchers, and practitioners seeking to gain a deeper understanding of these ecosystems and their role in shaping the future of industries and economies.

Weight: 666g
Dimension: 250 x 150 x 15 (mm)
ISBN-13: 9781786305749

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