Posts

Identifying, Mapping, and Managing the Innovation Ecosystem at Corporate Level

The challenges and uncertainties of the 21st century have continued to change the basic concepts and practice of strategic management. The rapidly changing environment has created environmental uncertainty, which is a threat to strategic managers because it impairs their ability to develop long-range plans and make effective strategic decisions to keep the firm stable with […]

Important Elements of Value Creation in an Ecosystem

The rapidly changing business environment of businesses has given rise to a new name for the firm’s task environment, the “ecosystem” in some industries, particularly the technology-based. The ecosystem is an expanded name of an organization’s traditional task environment, which is typically the industry within which the firm is operating. The firm’s ecosystem broadly looks […]