A business ecosystem may be defined as a dynamic group of largely independent economic players
that create products or services that together constitute a coherent solution for customers.
Business ecosystems are high on the agenda of many business leaders. They are now highly
prevalent frequently disruptive and all companies should add the required capabilities to
their strategy toolbox. Business Ecosystems is based on more than three years of research by
the BCG Henderson Institute their work with dozens of companies on their ecosystem strategies
and hundreds of conversations with academics managers investors entrepreneurs and
government employees. Part I reviews the fundamentals of business ecosystems - definition
design success factors governance strategies. Part II elaborates on special topics such as
trust and data industry applications and their potential for sustainability. Ecosystems might
not be a solution for all problems but they are also not a transitory phenomenon. The field is
evolving fast and as the success factors for creating managing and participating in business
ecosystems are increasingly accepted and understood many established and emerging companies
have the opportunity to put themselves in a position to unlock great innovation and value
creation potential by engaging in ecosystem business models. This book will support business
professionals and executives on this journey.
