Ecosystems transformation through disruptive innovation: A definition, framework and outline for future research

Pejvak Oghazi*, Vinit Parida, Joakim Wincent, Rana Mostaghel

*Corresponding author for this work

Research output: Contribution to journalArticleScientificpeer-review

1 Citation (Scopus)

Abstract

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.
Original languageEnglish
Peer-reviewed scientific journalJournal of Business Research
Volume147
Pages (from-to)16-26
ISSN0148-2963
DOIs
Publication statusPublished - 08.04.2022
MoE publication typeA1 Journal article - refereed

Keywords

  • 512 Business and Management

Areas of Strength and Areas of High Potential (AoS and AoHP)

  • AoHP: Strategic and entrepreneurial praxis

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