In the business and management literature on "ecosystems", there is a lack of consensus on what an ecosystem actually is. Ron Adner and others have defined an ecosystem as a constellation of organizations that create and appropriate value around a specific product or technology – thus putting a shared value proposition at the center of the definition of the ecosystem. Others have defined an ecosystem as a community bound by geographic or thematic similarities, or by a jurisdiction and/or overarching body; the members of the ecosystem then do not necessarily share a value offering. Can we come up with an integrative definition? Or is one of these streams of literature, in fact, misinterpreting the ecosystem concept?
Article Value Creation by Knowledge‐Based Ecosystems: Evidence from ...