Nature and Dynamic of Relationships in Business Ecosystem Evolution:Complementarity,Asset Specificity,and Power Comparison
Participating in one or more business ecosystems is a choice that most companies have to make in this day and age.Over the past decade,the business ecosystem has been well conceptualized,but there is still a lack of research on the nature of the relationships between firms in the nature of and dynamics of inter-firm relationships in ecosystem.Building on previous research,this paper attempts to establish the conceptual boundaries of the dominant inter-firm relationship in the ecosystem-the relationship between focal firm and its ecosystem partners-and explores when and for what reasons ecosystem focal companies envelop their partners,charge premiums,or maintain the status quo as ecosystems evolve.It is discovered that three factors work together to contribute to ecosystem dynamics:asset specificity,complementarity,and power comparison.Among them,complementarity affects the performance of coordination between the two parties,asset specificity maintains the stability of ecosystem participants,and power comparison affects the extent of surplus value takeover and market entry behavior of focal firm,and the combination of the three jointly determines the evolution behavior of ecosystem focal firm,thereby determining the direction of ecosystem evolution.At the end of this paper,future researches on the processes of dynamic change of inter-firm relationships in the ecosystem are prospected.
business ecosystemdynamics of inter-firm relationshipasset specificitycomplementarity
国家科技期刊平台
NSTL
万方数据
维普
