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Operations and Supply Chain Management Commons

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Strategic Management Policy

Research Collection Lee Kong Chian School Of Business

Diffusion

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Deploying Business Ecosystems To Cope With Ecological Transformation, Arnoud Cyriel Leo De Meyer Nov 2023

Deploying Business Ecosystems To Cope With Ecological Transformation, Arnoud Cyriel Leo De Meyer

Research Collection Lee Kong Chian School Of Business

At a time when businesses must innovate quickly and in support of sustainability, "going it alone" is no longer the most effective or efficient model. Business ecosystems – networks of companies, researchers and other stakeholders each involved in a given value chain – offer an effective route to companies seeking not only to find new advantages, but to drive wider systemic change. When innovation takes place through ecosystems, often, the results are faster to diffuse through an industry or value chain. To address needs of the ecological transformation like the transition to clean fuels, this is exactly what is needed; …