Lecture 3: Ecosystems & Subscription Models Flashcards
1
Q
Definition Ecosystem
A
The ecosystem is defined by the alignment structure of the multilateral set of partners that need to interact
in order for a focal value proposition to materialize.
2
Q
Single-Actor Supply Chain vs. Multi-Actor Ecosystem
A
Hierarchically Controlled Players vs. Interdependent but complementary Players
3
Q
Innovation Ecosystems vs Platform Ecosystems
A
Innovation
Multilateral collaboration
Achieve Alignment rather than full control
Platform
Bring two market sides together to facilitate transaction/innovation
Establish Network effects and gain control
4
Q
A
