STRATEGIES OF PLATFORMS ECOSYSTEMS NETWORKS AND STRATEGIC ALLIANCES (Prof. Hofacker)

Forming an Ecosystem through an Incumbent’s Strategic Transformation

Valentina Garbin, Alberto Nucciarelli, Erica Santini

Technological innovation and competitive pressure can let incumbent firms suffer and disband or push them to transform in order to regain a competitive advantage (Agarwal and Helfat, 2009; Eggers and Park, 2018). In each case, incumbents can face severe hurdles because of strategic and organizational implications of change (Ahuja and Novelli, 2016; Baden-Fuller and Volberda, 1997; Capron and Mitchell, 2009; Volberda, Baden-Fuller and van den Bosch, 2001; Warner and Wäger, 2019).

#business ecosystem #Healthcare #Philips #servitization #strategic renewal