Michael G. Jacobides
The Myths and Realities of Business Ecosystems
In annual reports, the term ecosystem occurs 13 times more frequently now than it did a decade ago. But like any buzzword, it’s often overapplied. The term has been used to refer to everything from a country (“China is the second strongest ecosystem…”) to a support function (“the HR ecosystem”), a portfolio of products (“the Darico ecosystem is made up of 5 products”), and even a bundle of services intended to make people happy (“a happiness ecosystem”).
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