Description
A hyperconnected, constantly evolving world has emerged. A world where people (internet of people), things (internet of things), and data (internet of data) are linked together, shaping the global economy while demanding new, innovative approaches for value creation. The era of hyper-connectivity is no longer characterized by centralized firm-centric business structures and traditional intra-firm and inter-firm processes. Open, distributed ecosystemic formations have started to emerge, utilizing cutting edge technologies to harness the collective power, co-creation ability, and intelligence of the crowd, the data, and the environment in an open participatory value co-creation mode. However, the question has become whether the frameworks, models, and tools that organizations use to create value will remain the same in the new business environment and within the organizations themselves. Existing literature on ecosystems, business models, and business model innovation are starting to examine these aspects.
Emerging Ecosystem-Centric Business Models for Sustainable Value Creation explores emerging technology-enabled ecosystems and ecosystem-centric business models in theory and practice, from a business and technological perspective, and in a range of industrial settings, aiming to contribute to the existing knowledge of innovative technology-advanced ecosystems and business models, facilitating their design, implementation, and sustainable value creation. It examines the dynamics of this technology-powered revolution and how it is influencing the foundations of value creation and business modeling in novel ecosystemic formations across the HMD triangle: human, machine, and data. The target audience of this book is researchers and professionals in the fields of innovation, business, and strategy as well as computer science and information technology, along with managers, executives, practitioners, researchers, academicians, and students interested in new ways to create value in emerging and future ecosystems via innovative ecosystem-centric business models and strategies.
Author's/Editor's Biography
Xenia Ziouvelou (Ed.)
Xenia Ziouvelou is an innovation officer and researcher at the Software and Knowledge Engineering Lab of the Institute of the Institute of Informatics and Telecommunications (IIT) of NCSR “Demokritos” (NCSRD). She is a visiting academic at the Business School of the University of Southampton (UK) and acts as an external innovation expert for the European Commission. Xenia is a Sectorial Committee Member on Data and AI (Artificial Intelligence) Policy, at the National Council for Research, Technology & Innovation in Greece. Her principal research interests are in innovation, strategy and technological transformation and the way that they revolutionise business, law and policy
Frank McGroarty (Ed.)
Frank McGroarty is Professor of Computational Finance and Investment Analytics, and Director of the Centre for Digital Finance at the University of Southampton, UK. His research mainly resides in the intersection of Business and Computer Science and is primarily motivated by real world commercial and policy issues. Prior to joining the University of Southampton, Frank spent 13 years working as a fund manager in London.