Honored with the Emerald Literati Award 2024
The article “In Search of a Consensus Definition of Business Ecosystems: A Qualitative Study”, written by Vanessa Felch and Eric Sucky, has won an Emerald Literati Award 2024 in the category “Outstanding Paper”. It was published in the Journal of Modelling in Management and is accessible here.
The article aims to provide a consensus definition of business ecosystems, as although the number of publications is constantly increasing, a precise definition that adequately captures the mindset of business ecosystems does not yet exist. Using structured content analysis, this paper examines a total of 43 definitions in terms of their core components. The results indicate that the existing definitions focus only on single components, e.g. “network of actors,” thereby omitting other essential components, such as “cocreated value proposition” or “shared fate.” Consequently, it seems appropriate to develop a consensus definition that combines the perspectives of the academic and practitioner communities. The proposed definition is more comprehensive than the prevailing definitions and represents a synthesis of previous considerations on business ecosystems. Such a definition will support researchers in developing a sound business ecosystem theory that will guide practitioners in the efficient design and management of business ecosystems in the long term.
More information about our publications and the Emerald Literati Awards can be found here: