Value creating ecologies : understanding next generation business systems
|Published Version (PDF 91kB) |
Administrators only | Request a copy from author
Purpose: This paper sets out to describe and illustrate an emerging shift in the conceptualisation of value creation in business, namely the emergence of value ecology thinking.-----
Design/methodology/approach: This paper examines shifts in the understanding of value creation in key business, economic and innovation literature and focuses on developments in creative industries at the forefront of technology and innovation – film, TV, computer games, e-business, mobile phones – to illustrate how business increasingly creates value through ecologies.-----
Findings: This paper identifies five important shifts in the conceptualization of value creation by highlighting a growing prevalence in the literature of several ecological metaphors used to explain business processes, namely: the shift from thinking about consumers to co-creators of value; the shift from thinking about value chains to value networks; the shift from thinking about product value to network value; the shift from thinking about simple co-operation or competition to complex co-opetition; and the shift from thinking about individual firm strategy to strategy in relation to value ecologies.-----
Originality/value: This paper synthesizes emerging trends in the literature in relation to value creation and defines the concept of a value-creating ecology. In the process it sheds light on the structure of next generation business systems.
Citation countsare sourced monthly fromand citation databases.
These databases contain citations from different subsets of available publications and different time periods and thus the citation count from each is usually different. Some works are not in either database and no count is displayed. Scopus includes citations from articles published in 1996 onwards, and Web of Science® generally from 1980 onwards.
Citations counts from theindexing service can be viewed at the linked Google Scholar™ search.
|Item Type:||Journal Article|
|Keywords:||Innovation, Business policy, creative ecologies, creative digital industries|
|Subjects:||Australian and New Zealand Standard Research Classification > ECONOMICS (140000) > OTHER ECONOMICS (149900)|
Australian and New Zealand Standard Research Classification > STUDIES IN CREATIVE ARTS AND WRITING (190000) > FILM TELEVISION AND DIGITAL MEDIA (190200)
|Divisions:||Current > QUT Faculties and Divisions > Creative Industries Faculty|
|Copyright Owner:||Copyright 2006 Emerald|
|Deposited On:||01 Jun 2009 16:08|
|Last Modified:||09 Jun 2010 23:41|
Repository Staff Only: item control page