Lecture 6 Flashcards
1
Q
What is the ecosystem?
A
The alignment structure of the partners that need to interact in order for a focal value proposition to materialize
2
Q
What is a mixed motives games
A
Attempt by players to maximize their individual gains without regard for the gains of others result is losses to both
3
Q
Define managed ecosystem
A
A governance structure where a central organization engages and shapes external communities for key value creating and capturing activities with activities outside and control inside the organization
4
Q
What are the 4 capabilities to execute managed ecosystems?
A
1 leveraging not exploiting communities
2 managing date and intellectual property
3 eco-system driven open adaptation
4 ambidextrous governance
