TY - JOUR
T1 - Ecosystems transformation through disruptive innovation
T2 - A definition, framework and outline for future research
AU - Oghazi, Pejvak
AU - Parida, Vinit
AU - Wincent, Joakim
AU - Mostaghel, Rana
N1 - Funding Information:
Authors are grateful for the financial support from Vinnova related project: Innovation av affärsmodeller i detaljhandelns ecosystem genom framsteg i teknik och digitalisering, Project number 2019-03017 and Norwegian Research council related to project DISRE - Data Driven Innovation in Specialized Retail Ecosystems, Proejct number 322623
Publisher Copyright:
© 2022 The Author(s)
PY - 2022/4/8
Y1 - 2022/4/8
N2 - In this study, we develop a definition and a framework for ecosystem transformation. We suggest a circular model of four main mechanisms to provide an alternative explanation of ecosystem evolvement. Interview data are used to develop a model that integrates value creation logics at its core with evolutionary mechanisms. An emphasis on firm-specific technology development sets in motion strategic and technological engagement by other firms in the ecosystem. This comes about through firms that take responsibility for change and actors that adopt new ecosystem roles to drive the whole ecosystem towards transformation around new value propositions. This signifies that disruptive innovation and technological advancement in response to market needs drive ecosystem transformation through new value creation. Our comprehensive framework offers an outline for further research in the domain of ecosystem transformation.
AB - In this study, we develop a definition and a framework for ecosystem transformation. We suggest a circular model of four main mechanisms to provide an alternative explanation of ecosystem evolvement. Interview data are used to develop a model that integrates value creation logics at its core with evolutionary mechanisms. An emphasis on firm-specific technology development sets in motion strategic and technological engagement by other firms in the ecosystem. This comes about through firms that take responsibility for change and actors that adopt new ecosystem roles to drive the whole ecosystem towards transformation around new value propositions. This signifies that disruptive innovation and technological advancement in response to market needs drive ecosystem transformation through new value creation. Our comprehensive framework offers an outline for further research in the domain of ecosystem transformation.
KW - 512 Business and Management
UR - http://www.scopus.com/inward/record.url?scp=85128865706&partnerID=8YFLogxK
UR - https://www.mendeley.com/catalogue/b5d2c984-e553-32f3-9413-9d99340a3594/
U2 - 10.1016/j.jbusres.2022.03.073
DO - 10.1016/j.jbusres.2022.03.073
M3 - Article
SN - 0148-2963
VL - 147
SP - 16
EP - 26
JO - Journal of Business Research
JF - Journal of Business Research
ER -