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What Does a Successful Digital Ecosystem Look Like?
Article

What Does a Successful Digital Ecosystem Look Like?

Michael G. Jacobides, Nikolaus Lang, Nanne Louw and Konrad von Szczepanski
Boston Consulting Group, 2019
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Editorial Rating

8

Qualities

  • Analytical
  • Overview
  • Concrete Examples

Recommendation

Digital ecosystems represent more than a fad. Complex, powerful and boundary-breaking, they’re facilitating rapid innovation and forcing companies to re-envision themselves. Given the speed and complexity of their development, digital ecosystems are also challenging executives and analysts to understand the inherent dynamics. For this concise but insightful article, researchers at the Boston Consulting Group studied 44 ecosystems across 12 sectors to discover the factors that correlate with success.

Take-Aways

  • Moving first into digital ecosystems doesn’t ensure long-term dominance.
  • Market share leaders have distinct advantages when orchestrating digital ecosystems.
  • A company’s internal flexibility to enter a variety of deal types presents an advantage when setting up digital ecosystems. 

About the Authors

Michael G. Jacobides is the Sir Donald Gordon Professor of Entrepreneurship and Innovation and a strategy professor at London Business School. Nikolaus Lang is a managing director and senior partner at Boston Consulting Group, where Nanne Louw is a principal and Konrad von Szczepanski is a managing director and partner.

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