pisco_log
banner

Platform Ecosystem: The Logic of Digital Business Model Innovation

Shuyi Chen

Abstract


This paper examines the impact of big data capability and value network reconstruction on digital business platforms ecosystem cocreation value. Furthermore, it presents a mechanism model, with business model innovation as the mediating variable. The findings of this
study are of considerable importance for digital business platforms seeking to enhance their platform ecosystem co-creation value, particularly
in light of their big data capability and value network reconstruction.

Keywords


Digital business platform; Big data capability; Value network reconstruction; Business model innovation; Platform ecosystem; Value co-creation

Full Text:

PDF

Included Database


References


[1] Busser, J. A., & Shulga, L. V. (2018). Co-created value: Multidimensional scale and nomological network. Tourism Management, 65,

6986. https://doi.org/10.1016/j.tourman.2017.09.014

[2] Cenamor, J. (2021). Complementor competitive advantage: A framework for strategic decisions. Journal of Business Research, 122,

335343. https://doi.org/10.1016/j.jbusres.2020.09.016

[3] Chen, J., Huang, S., & Liu, Y. H. (2020). From empowerment to empowerment: Enterprise operations management in a digital environment. Journal of Management World, 36(2), 117128. https://doi.org/10.3969/j.issn.1002-5502.2020.02.011

[4] Cozzolino, A., Corbo, L., & Aversa, P. (2021). Digital platform-based ecosystems: The evolution of collaboration and competition between incumbent producers and entrant platforms. Journal of Business Research, 126, 385400. https://doi.org/10.1016/

j.jbusres.2020.12.058

[5] De Silva, N., Weerasinghe, R., Madhusanka, H., & Kumaraswamy, M. (2017). Relationally integrated value networks (RIVANS) for total facilities management (TFM). Built Environment Project and Asset Management, 7(3), 313329. https://doi.org/10.1108/BEPAM-08-

2016-0037

[6] Feng, H., Jiang, Z., & Liu, D. (2018). Quality, pricing, and release time. MIS Quarterly, 42(1), 333353.

[7] Gulati, R., Nohria, N., & Zaheer, A. (2000). Strategic networks. Strategic Management Journal, 21(3), 203215. https://doi.org/10.1002/

(SICI)1097-0266(200003)21:3<203:AID-SMJ102>3.0.CO;2-K

[8] Guo, H., & Han, J. P. (2019). Open innovation and the growth of startups in the digital economy: The mediating effect of business model

innovation. Management Review, 31(6), 186198. https://doi.org/10.14120/j.cnki.cn11-5057/f.2019.06.020

[9] Guo, L., & Wu, X. (2018). Capacity sharing between competitors. Management Science, 64(8), 35543573. https://doi.org/10.1287/

mnsc.2017.2796

[10] Hu, H. B., & Lu, H. T. (2018). The value co-creation in the evolution of enterprise business ecosystem: The perspective of digital enablement. Economic Management Journal, 40(8), 5571. https://doi.org/10.19616/j.cnki.bmj.2018.08.004

[11] Hurni, T., Huber, T. L., & Dibbern, J. (2022). Power dynamics in software platform ecosystems. Information Systems Journal, 32(2),

310343. https://doi.org/10.1111/isj.12356

[12] Jacobides, M. G. (2019). In the ecosystem economy, whats your strategy?. Harvard Business Review, 97(5), 128137.

[13] Jacobides, M. G., Cennamo, C., & Gawer, A. (2018). Towards a theory of ecosystems. Strategic Management Journal, 39(8), 2255

2276. https://doi.org/10.1002/smj.2904

[14] Jing, H., & Jiang, K. H. (2024). Application of digital technology, business model innovation, and corporate performance: Empirical evidence from Chinese a-share listed companies. Industrial Economic Review, 15(1), 6479. https://doi.org/10.14007/j.cnki.

cjpl.2024.01.005

[15] Kothandaraman, P., & Wilson, D. T. (2001). The future of competition: Value-creating networks. Industrial Marketing Management,

30(4), 379389. https://doi.org/10.1016/S0019-8501(00)00152-8

[16] Li, W., Zhang, Z. Z., & Mei, L. (2020). The influencing mechanism of big data capability on business model innovation under the background of consumption upgrading: A case study based on Xiaomi and Netease Yanxuan. Journal of Management Case Studies, 13(1),

102117. https://doi.org/11.7511/JMCS20200107

[17] Li, W., Zhang, Z. Z., & Mei, L. (2022). Research on enterprise network, big data capability and business model innovation mechanism:

An empirical study based on fsQCA method. Science & Technology Progress and Policy, 39(1), 121131. https://doi.org/10.6049/kjjbydc.2020100345

[18] Loux, P., Aubry, M., Tran, S., & Baudoin, E. (2020). Multi-sided platforms in B2B contexts: The role of affiliation costs and interdependencies in adoption decisions. Industrial Marketing Management, 84, 212223. https://doi.org/10.1016/j.indmarman.2019.07.001

[19] Luo, M. (2005). The modularity of large-sized enterprises: Content, significance and method. China Industrial Economics, (3), 6875.

https://doi.org/10.3969/j.issn.1006-480X.2005.03.009

[20] Moore, J. F. (1993). Predators and prey: A new ecology of competition. Harvard Business Review, 71(3), 7586.

[21] Ning, L. J., Xiao, Y. X., & Mou, H. S. (2022). Evolution logic of value networks and platform enterprises innovation ability in the

platform ecosystem: Taking Haier as an example. Journal of Northeastern University (Social Science), 24(2), 2533. https://doi.

org/10.15936/j.cnki.1008-3758.2022.02.004

[22] Osterwalder, A., & Pigneur, Y. (2010). Business model generation: A handbook for visionaries, game changers, and challengers. John

Wiley & Sons.

[23] Ozalp, H., Cennamo, C., & Gawer, A. (2018). Disruption in platform-based ecosystems. Journal of Management Studies, 55(7), 1203

1241. https://doi.org/10.1111/joms.12351

[24] Poniatowski, M., Lttenberg, H., Beverungen, D., & Kundisch, D. (2021). Three layers of abstraction: A conceptual framework for

theorizing digital multi-sided platforms. Information Systems and E-Business Management, 20(2), 127. https://doi.org/10.1007/s10257-

021-00513-8

[25] Rangaswamy, A., Moch, N., Felten, C., Van Bruggen, G., Wieringa, J. E., & Wirtz, J. (2020). The role of marketing in digital business

platforms. Journal of Interactive Marketing, 51(1), 7290. https://doi.org/10.1016/j.intmar.2020.04.006

[26] Ren, Y. Z. (2018). Research on the evolution trend and innovation path of business models in newspaper and media enterprises. China

Publishing Journal, (7), 6770. https://doi.org/10.3969/j.issn.1002-4166.2018.07.018

[27] Schradie, J. (2011). The digital production gap: The digital divide and Web 2.0 collide. Poetics, 39(2), 145168. https://doi.org/10.1016/

j.poetic.2011.02.003

[28] Shipilov, A., & Gawer, A. (2020). Integrating research on interorganizational networks and ecosystems. Academy of Management Annals, 14(1), 92121. https://doi.org/10.5465/annals.2018.0121

[29] Skare, M., & Soriano, D. R. (2021). How globalization is changing digital technology adoption: An international perspective. Journal of

Innovation & Knowledge, 6(4), 222233. https://doi.org/10.1016/j.jik.2021.04.001

[30] Spieth, P., & Schneider, S. (2016). Business model innovativeness: Designing a formative measure for business model innovation. Journal of Business Economics, 86, 671696. https://doi.org/10.1007/s11573-015-0794-0

[31] Tiwana, A. (2015). Platform desertion by app developers. Journal of Management Information Systems, 32(4), 4077. https://doi.org/10.

1080/07421222.2015.1138365

[32] Wang, C., Zhang, S. S., & Li, Q. (2024). Holistic cognitive framework, business model innovation, and new venture performance: A

perspective based on the moderating effect of environmental dynamism. Taxation and Economy, (4), 9198.

[33] Wang, J., Wu, X., & Krishnan, V. (2018). Decision structure and performance of networked technology supply chains. Manufacturing &

Service Operations Management, 20(2), 199216. https://doi.org/10.1287/msom.2017.0619

[34] Wang, Q. (2011). Business model innovation based on the reconfiguration of value network. China Industrial Economics, (1), 7988. https://doi.org/10.19581/j.cnki.ciejournal.2011.01.008

[35] Wang, S. X., Zhang, M. Y., & Guo, Q. (2014). Evolution of value networks and upgrading of enterprise network structures. China Industrial Economics, (3), 93106. https://doi.org/10.19581/j.cnki.ciejournal.2014.03.008

[36] Xie, W. H., Li, Z. S., Su, F., & Wang, Y. J. (2018). Top management support, big data capability and business model innovation. R & D

Management, 30(4), 152162. https://doi.org/10.13581/j.cnki.rdm.2018.04.011

[37] Xie, W. H., Liu, G., & Wang, T. H. (2016). Study on the concept, dimensions of big data capacity, the relationship between group control. Science and Technology Management Research, 36(14), 170177. https://doi.org/10.3969/j.issn.1000-7695.2016.14.030

[38] Yu, D. H., & Rui, M. J. (2007). Studies on the enterprise value network based on modularity and its competence. Journal of Central

University of Finance & Economics, (7), 5257. https://doi.org/10.3969/j.issn.1000-1549.2007.07.011

[39] Zhang, C. Y., Guo, T., & Liu, H. D. (2018). The impact of network embedding on the business mode innovation of technological entrepreneurship. Studies in Science of Science, 36(1), 167175. https://doi.org/10.3969/j.issn.1003-2053.2018.01.019

[40] Zhang, Y., Gao, C. Y., & He, X. Y. (2018). Research on the evolution path of big data service ecosystem based on value chain. Information Studies: Theory & Application, 41(6), 5863. https://doi.org/10.16353/j.cnki.1000-7490.2018.06.010

[41] Zhong, Q., Yang, X. F., & Wu, Z. Q. (2021). A review of value co-creation in platform ecosystems. Systems Engineering Theory and

Practice, 41(2), 421430. https://doi.org/10.12011/SETP2020-1568

[42] Zhou, W. H., Deng, W., & Chen, L. Z. (2018). Digital empowerment on value co-creation process in platform enterprise of DiDi Chu

Xing. Chinese Journal of Management, 15(8), 11101119. https://doi.org/10.3969/j.issn.1672-884x.2018.08.002

[43] Zott, C., & Amit, R. (2007). Business model design and the performance of entrepreneurial firms. Organization Science, 18(2), 181199.

https://doi.org/10.1287/orsc.1060.0232




DOI: http://dx.doi.org/10.18686/frim.v2i6.4669

Refbacks

  • There are currently no refbacks.