L9: NPD In Ecosystems Flashcards

1
Q

What is an ecosystem?

A

A dynamic entity consisting of a heterogeneous, interdependent set of actors that can influence or can be influenced by a value proposition.

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2
Q

What are the (4) elements of an ecosystem?

A

Actors
Interdependence
Heterogeneity
Dynamic entity

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3
Q

What do value blueprints do (2)?

A

Identify all actors and their positions
Identify required changes in activities for each sector

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4
Q

When is an ecosystem perspective especially relevant (2)?

A

Sustainable innovation
Radical innovation

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5
Q

What is the difference between causal vs effectual logic?

A

Goal oriented vs means oriented

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6
Q

What do firms need for market shaping (2)?

A

Triggering capabilities
Facilitating capabilities

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