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A business ecosystem is the network of organizations—including suppliers, distributors, customers, competitors, government agencies, and so on—involved in the delivery of a specific...
"A business ecosystem is a purposeful business arrangement between two or more entities (the members) to create and share in collective value for a common set of customers. Every business ecosystem has participants, and at least one member acts as the orchestrator of the participants.
Moore defined "business ecosystem" as: An economic community supported by a foundation of interacting organizations and individuals—the organisms of the business world. The economic community produces goods and services of value to customers, who are themselves members of the ecosystem.
"A business ecosystem is a purposeful business arrangement between two or more entities (the members) to create and share in collective value for a common set of customers. Every business ecosystem has participants, and at least one member acts as the orchestrator of the participants.
A Business Ecosystem is a network of different entities that are dynamic and interact with each other to create and exchange sustainable value. Productivity, robustness, and the ability to develop niches and opportunities for new firms are key success factors for ecosystem models.
A business ecosystem is a dynamic network of interconnected organizations that collaborate, innovate, and grow within an evolutionary environment. It involves complex interactions and essential strategies to thrive. Key components include lower costs, efficient customer reach, and innovation exchange.
Ecosystems have three defining characteristics: sustainability, self-governance and evolution. In order to be called an ecosystem, a network must fulfill each of those criteria. An ecosystem is sustainable because it thrives without outside influence.