Designing Ecosystem Governance to Grow Value
Name
2024_0201_EcosystemGovernance_BenedictSebastian.pdf
Size
607.3 KB
Format
Adobe PDF
Checksum (MD5)
7dedc2b6010ce22c8374be2483116e13
Author(s)
Benedict, Gayan
Sebastian, Ina M.
Date Issued
February 15, 2024
Publisher
Cambridge, Mass.: Center for Information Systems Research, Sloan School of Management, Massachusetts Institute of Technology
Citation
Benedict, Gayan and Ina M. Sebastian. “Designing Ecosystem Governance to Grow Value.” MIT CISR Research Briefing Volume XXIV, no. 2 (February 2024). https://dspace.mit.edu/handle/1721.1/174843.
Series/Report no.
MIT CISR Research Briefing, Vol. XXIV, No. 2
Abstract
In recent MIT CISR research, organizations saw their most challenging strategic goals as being dependent on the actions of other organizations. Ecosystem governance, like good corporate governance, is a key to achieving these goals. Executives in our research described three governance approaches for digital ecosystems that varied along a spectrum, from centralized, which we have termed Alpha; to federated, or Representative; to decentralized, or Liquid. In this briefing, we introduce these approaches and discuss when ecosystems should adopt more decentralized governance approaches to grow value.
Subjects
Business Models
Ecosystems
Partnering
Decision rights/governance
Innovation and Strategy
Experimentation and Learning
Terms of Use
CC BY-NC 4.0 (Attribution-NonCommercial 4.0 International)
Persistent DSpace Link
