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A conceptualization and system dynamic modeling of business ecosystems

Bijkerk, M.E.E. (2023) A conceptualization and system dynamic modeling of business ecosystems.

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Abstract:Business ecosystems have received a raise in attention over the last few years. Interaction between organizations has influence over the collective value of these organizations. The variation of studies concerning many different aspects of business ecosystems currently lacks coherence. Through reviewing current literature on the structure of business ecosystems, we define 12 core components of business ecosystems. The lifecycle of the business ecosystem and symbiotic relationships are key characteristics that are linked to the dynamic nature of the ecosystem. We use the components and characteristics to create a system dynamics model to illustrate the relations of these components and how that influences the business ecosystem as a whole. This research is meant to create an understanding of the concept of business ecosystems, and develop a business modeling technique for business ecosystems to assist in future research.
Item Type:Essay (Bachelor)
Faculty:EEMCS: Electrical Engineering, Mathematics and Computer Science
Subject:50 technical science in general, 85 business administration, organizational science
Programme:Business & IT BSc (56066)
Link to this item:https://purl.utwente.nl/essays/94346
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