TY - JOUR T1 - Innovation Ecosystems as Structures for Value Co-Creation JF - Technology Innovation Management Review Y1 - 2019 A1 - Sanna Ketonen-Oksi A1 - Katri Valkokari KW - ecosystems KW - innovation KW - platforms KW - value co-creation AB - Despite the many recent discussions on “innovation ecosystems” as well as on open innovation or other co-innovation models, a more in-depth understanding of the multi-actor processes of value co-creation remains rather scarce. Hence, in this case study, we provide significant novel insight about innovation ecosystems as structures enabling multi-actor value co-creation in real-life innovation ecosystems. Based on our empirical findings, we identified two key principles: 1) in order to encourage the active participation of ecosystem actors in the value co-creation process, efforts must be made to ensure a clear vision and a shared value base on which the ecosystem activities can be built and 2) facilitation is needed to support the ecosystem actors to make new connections and to share their knowledge and resources in concrete ways. Most importantly, the more diversity there is among the ecosystem actors, the greater the support for innovativeness within the value co-creation process. PB - Talent First Network CY - Ottawa VL - 9 UR - https://timreview.ca/article/1216 IS - 2 U1 - Talent Vectia Oy Sanna Ketonen-Oksi works as a futurist-in-residence at Talent Vectia Oy (Espoo, Finland), a company offering strategic consulting and training services for organizations interested in renewal and new growth. With broad experience in EU-funded research, development, and innovation projects, often in university-industry collaboration, and based on her PhD studies on the service-dominant logical view on value co-creation and innovation, she sees that more understanding about innovation as a process of multi-actor collaboration is still needed. The growing complexity and dynamism of the innovation ecosystems is also an integral part of developing organizational futures orientation. U2 - VTT Technical Research Centre of Finland Katri Valkokari is a Research Manager working in the business, innovation, and foresight research area at VTT Technical Research Centre of Finland. She has over 15 years of experience in both research and practical development work on business networks, ecosystems, and networked business operations. She has, for example, held the post of programme manager in the large FIMECC (GP4V) and DIMECC (REBUS) research programmes, and worked for many industry companies, large and small. Katri has published several articles, managerial guidebooks and other publications related to collaboration models, innovation, and knowledge management as well as sustainability. When it comes to ecosystems and networks, Valkokari believes versatility is the key to creating true impact. When networks are formed openly, they can be a powerful tool for solving many of society’s problems. ER - TY - JOUR T1 - When a New Platform Enters a Market, What Is the Impact on Incumbents? JF - Technology Innovation Management Review Y1 - 2018 A1 - Andreas J. Steur KW - impact of market entry KW - incumbents KW - multi-sided market KW - platform competition KW - platforms KW - two-sided market AB - Digital platforms enable new forms of business models with the potential to disrupt and transform many industries. However, the impact of a platform’s market entry on incumbents has not been taken into account. In this article, our objective is to provide evidence of the impact that a platform’s market entry could have on incumbents. We proposed several hypotheses based on a literature review and then evaluated them using a large dataset from the taxi industry in New York City. Our analysis showed several changes after a platform’s market entry. In contrast to previous understanding, the results indicate that the winner-takes-it-all-effect does not generally apply to the competition between new platforms and incumbents. Regarding the date of changes following a platform’s market entry, we observed a chicken-or-egg problem in the competition between a platform and incumbents. Consequently, our results indicate that incumbents have at least one year to react to the market entry and to make adjustments. PB - Talent First Network CY - Ottawa VL - 8 UR - https://timreview.ca/article/1192 IS - 10 U1 - Ulm University Andreas J. Steur is Research Assistant at the Institute of Technology and Process Management (ITOP) at Ulm University, Germany. His research focuses on the management of digital platforms, particularly the competitive behaviour of digital platforms, which includes both competition between several digital platforms and competition between digital platforms and incumbents. Furthermore, his research examines the design of feedback mechanisms for digital platforms and approaches for scaling a platform. ER - TY - JOUR T1 - Anticipating Alternative Futures for the Platform Economy JF - Technology Innovation Management Review Y1 - 2017 A1 - Mikko Dufva A1 - Raija Koivisto A1 - Leena Ilmola-Sheppard A1 - Seija Junno KW - foresight KW - morphological analysis KW - platform economy KW - platforms KW - portfolio modelling KW - resilience KW - scenarios KW - strategy AB - Despite the considerable hype around platforms, our understanding of what the platform economy means and what drivers will define future development trajectories is limited. Companies and policy makers have a great need to investigate what potential opportunities will arise from the platform economy. A shared perception of uncertainties and a strong vision are prerequisites for the development of the platform economy. In this article, we describe a systematic way to develop a resilient vision for a new platform ecosystem, both from the viewpoint of national policy makers and corporate strategy makers in the heavy engineering industry. The process uses morphological analysis for scenario development and robust portfolio modelling for creating resilient strategies. The results include a list of key uncertainties, three general scenarios (sustainable development by Europe; polarization driven by China and the United States; US-driven fast, unreliable growth) as well as steel-industry specific scenarios based on these uncertainties, elements of a resilient vision, and strategies for coping with the uncertainties described by the scenarios. PB - Talent First Network CY - Ottawa VL - 7 UR - http://timreview.ca/article/1102 IS - 9 U1 - VTT Technical Research Centre of Finland Mikko Dufva is a Research Scientist at VTT Technical Research Centre of Finland working in the field of foresight. He has completed projects and research related to the futures of work, the platform economy, synthetic biology, forestry, mining, and the use of renewable energy. He holds a Doctor of Science degree in Technology, and his dissertation was about knowledge creation in foresight from a systems perspective. He has broad methodological expertise ranging from systems thinking, decision analysis, and optimization to interactive planning, scenario analysis, and participatory methods. U2 - VTT Technical Research Centre of Finland Raija Koivisto is a Principal Scientist at VTT Technical Research Centre of Finland. She has over 30 years’ experience in research and consultancy in risk management, safety, security, and foresight-related areas. Her main interest is to try to understand and manage phenomena and their impacts on people, organizations, and society by using risk management and foresight methods. Her current research focuses on the platform economy, ethics, pandemic risks in transport hubs, and resilience of infrastructures. U3 - International Institute for Advanced Systems Analysis Leena Ilmola-Sheppard is a Senior Research Scholar in the International Institute for Advanced Systems Analysis (IIASA). Her research theme is uncertainty and resilience of social systems. She is developing new modelling methods for foresight and tools for pragmatic decision making. Her current projects include developing management systems for resilience. U4 - SSAB Seija Junno is a Director of Business Model Development at SSAB. She was the leader of the SmartSteel project. She has over 30 years of experience in R&D, especially in activating new business development and business models, driving user experience and service business mindset into R&D and communicating, and making results understandable. She has also been involved in developing the innovation system around metal and steel industry as part of the Finnish Metals and Engineering Competence Cluster Ltd (FIMECC) network program. ER - TY - JOUR T1 - Editorial: Platforms and Ecosystems (September 2017) JF - Technology Innovation Management Review Y1 - 2017 A1 - Chris McPhee A1 - Ozgur Dedehayir A1 - Marko Seppänen KW - digital transformation KW - ecosystems KW - innovation KW - orchestrators KW - platform economy KW - platforms KW - stakeholders KW - startups KW - strategy KW - technology KW - value creation PB - Talent First Network CY - Ottawa VL - 7 UR - http://timreview.ca/article/1101 IS - 9 U1 - Technology Innovation Management Review Chris McPhee is Editor-in-Chief of the Technology Innovation Management Review. Chris holds an MASc degree in Technology Innovation Management from Carleton University in Ottawa, Canada, and BScH and MSc degrees in Biology from Queen's University in Kingston, Canada. He has nearly 20 years of management, design, and content-development experience in Canada and Scotland, primarily in the science, health, and education sectors. As an advisor and editor, he helps entrepreneurs, executives, and researchers develop and express their ideas. U2 - Queensland University of Technology Ozgur Dedehayir is the Vice-Chancellor’s Research Fellow at the Queensland University of Technology (QUT), Australia. Dr. Dedehayir received his PhD in Technology Strategy from the Tampere University of Technology (TUT), Finland. His research focuses on the creation and the dynamics of change in innovation ecosystems. He has published in various journals in the technology and innovation management field, including Technology Analysis and Strategic Management, Technological Forecasting and Social Change, and Technovation. U3 - Tampere University of Technology Marko Seppänen, PhD, is a Full Professor in the field of Industrial Management at Tampere University of Technology, Finland. Prof. Seppänen is an expert in managing value creation in business ecosystems, business concept development, and innovation management. In his latest research, he has examined, for example, platform-based competition in business ecosystems and innovation management in business networks. His research has appeared in high-quality peer-reviewed journals such as the Journal of Product Innovation Management, Technological Forecasting and Social Change, the Journal of Systems and Software, and the International Journal of Physical Distribution & Logistics Management. ER - TY - JOUR T1 - Business, Innovation, and Knowledge Ecosystems: How They Differ and How to Survive and Thrive within Them JF - Technology Innovation Management Review Y1 - 2015 A1 - Katri Valkokari KW - business ecosystem KW - communities KW - conceptual paper KW - ecosystem KW - innovation ecosystem KW - knowledge ecosystem KW - logic of action KW - man-made ecosystem KW - platforms AB - In management studies, the ecosystem metaphor is often utilized without clear definition and, thereby, several partially overlapping concepts such as industrial, business, service, innovation, and knowledge ecosystems have been introduced. The purpose of this conceptual article is to go beyond the confusion to define what is meant by different concepts regarding an ecosystem and especially describe the relationships between the three different ecosystem types: business, innovation, and knowledge ecosystems. The article contributes to the literature by describing how the ecosystem types differ in terms of their outcomes, interactions, logic of action, and actor roles. The results show that the three ecosystem types are interconnected from the viewpoint of the ecosystem actor. For practitioners, the article sheds more light on how the rules of the game (i.e., the logic of action) differ in the different types of ecosystems and demonstrates that different models are needed in order to operate in different ecosystems. PB - Talent First Network CY - Ottawa VL - 5 UR - http://timreview.ca/article/919 IS - 8 U1 - VTT (Technical Research Centre of Finland) Katri Valkokari works as a Principal Scientist at VTT (Technical Research Centre of Finland) in the Business Ecosystems, Value Chains and Foresight research area. Over the past 15 years, she has carried out several development projects concerning different networked business arrangements (ecosystems, networks, partnerships, and firms). In 2009, Katri completed her doctoral thesis on business network development. She has published several international and national articles in the research areas of business network management, collaboration, organizational knowledge, and innovation management. ER - TY - JOUR T1 - Accessing Value-in-Use Information by Integrating Social Platforms into Service Offerings JF - Technology Innovation Management Review Y1 - 2014 A1 - Ville Eloranta A1 - Juho-Ville Matveinen KW - platforms KW - service systems KW - service-dominant logic KW - social media KW - value-in-use AB - This article proposes a new approach for assessing the value derived from using a service offering (i.e., value-in-use) through the utilization of “social platforms.” We define a social platform as an adaptable digital service environment that enables the co-creation of value through social interactions with other service systems. By reviewing the relevant literature, detailed propositions are built based on the integration of theoretical concepts, thereby combining the literature on service-dominant logic, platforms, and social media. The primary argument of the article is that embedding social platforms in a company's services may result in more efficient retrieval and understanding of customer insights, better management of customer intelligence, and ultimately higher value-in-use. PB - Talent First Network CY - Ottawa VL - 4 UR - http://timreview.ca/article/782 IS - 4 U1 - Aalto University Ville Eloranta, MSc (Tech), is a doctoral student in the Service Engineering and Management (SEM) research group at Aalto University School of Science, Finland. Ville joined academia in 2012 after seventeen years in digital service design business and seven years of entrepreneurship. Ville’s research interests cover manufacturers’ service infusion/servitization, service networks, and service platforms. Currently, he is focusing on studying the sources of competitive advantage in service networks and methods of agile service network orchestration. U2 - Diagonal Juho-Ville Matveinen, MSc (Tech), is a business designer at Diagonal, an acclaimed service design agency in Finland. His forte is organization development and the strategic planning of service ecosystems in addition to managing change as part of business development activities. He has a background in research at the Department of Industrial Engineering and Management at Aalto University School of Science, where he focused on researching digital service platforms and their application in business development. ER - TY - JOUR T1 - Editorial: Insights (July 2014) JF - Technology Innovation Management Review Y1 - 2014 A1 - Chris McPhee KW - ambidexterity KW - business ecosystems KW - business models KW - entrepreneurship KW - improvisation KW - innovation KW - Internet of Things KW - knowledge-intensive business services KW - platforms KW - public good KW - publicly funded research KW - standards KW - strategy KW - value co-creation KW - value design PB - Talent First Network CY - Ottawa VL - 4 UR - http://timreview.ca/article/806 IS - 7 U1 - Technology Innovation Management Review Chris McPhee is Editor-in-Chief of the Technology Innovation Management Review. Chris holds an MASc degree in Technology Innovation Management from Carleton University in Ottawa and BScH and MSc degrees in Biology from Queen's University in Kingston. He has over 15 years of management, design, and content-development experience in Canada and Scotland, primarily in the science, health, and education sectors. As an advisor and editor, he helps entrepreneurs, executives, and researchers develop and express their ideas. ER - TY - JOUR T1 - Innovation Opportunities: An Overview of Standards and Platforms in the Video Game Industry JF - Technology Innovation Management Review Y1 - 2014 A1 - Mikael Laakso A1 - Linus Nyman KW - arcade games KW - computer games KW - console games KW - innovation KW - mobile games KW - platforms KW - standards KW - video game industry AB - The video game industry offers insights into the significance of standards and platforms. Furthermore, it shows examples of how new entrants can offer innovative services, while reducing their own risk, through bridging the boundaries between standards. Through an exploration of both past and present, this article aims to serve as a primer for understanding, firstly, the technological standards and platforms of the video game industry, and secondly, the recent innovations within the video game industry that have enabled products to be made available across platforms. PB - Talent First Network CY - Ottawa VL - 4 UR - http://timreview.ca/article/808 IS - 7 U1 - Hanken School of Economics Mikael Laakso is a postdoctoral researcher at the Hanken School of Economics in Helsinki, Finland. He has published research on open access in scientific publishing and standardization of construction IT. Mikael has a Doctoral and Master’s degree in Information Systems Science from the Hanken School of Economics. U2 - Hanken School of Economics Linus Nyman is a doctoral researcher at the Hanken School of Economics in Helsinki, Finland, where he has recently submitted his PhD on code forking in open source software. Linus has a Master’s degree in Economics from the Hanken School of Economics. ER - TY - JOUR T1 - Editorial: Platforms, Communities, and Business Ecosystems (February 2013) JF - Technology Innovation Management Review Y1 - 2013 A1 - Chris McPhee A1 - Steven Muegge KW - business ecosystems KW - communities KW - platforms KW - technology entrepreneurship PB - Talent First Network CY - Ottawa VL - 3 UR - http://timreview.ca/article/654 IS - 2 U1 - Technology Innovation Management Review Chris McPhee is Editor-in-Chief of the Technology Innovation Management Review. Chris holds an MASc degree in Technology Innovation Management from Carleton University in Ottawa and BScH and MSc degrees in Biology from Queen's University in Kingston. He has over 15 years of management, design, and content-development experience in Canada and Scotland, primarily in the science, health, and education sectors. As an advisor and editor, he helps entrepreneurs, executives, and researchers develop and express their ideas. U2 - Carleton University Steven Muegge is an Assistant Professor at the Sprott School of Business at Carleton University in Ottawa, Canada, where he teaches within the Technology Innovation Management (TIM) program. His research interests include open and distributed innovation, technology entrepreneurship, product development, and commercialization of technological innovation. ER - TY - JOUR T1 - Going Open: Does it Mean Giving Away Control? JF - Technology Innovation Management Review Y1 - 2013 A1 - Nadia Noori A1 - Michael Weiss KW - and collaboration KW - governance KW - Open innovation KW - open source KW - platforms KW - regulatory tools AB - Open source software has evolved from being an effort driven by a collective of volunteers to become an integral part of commercial software. Constant demands for new features besides maintaining product quality made companies seek open source as an answer for these demands. These growing demands brought with them control of quality, architecture, contribution management, and community management. This article explores the governance strategies adopted by open source software projects to manage the quality of complements (such as plug-ins that extend a platform's functionality) developed by community members outside the core team. The outcomes of the research contribute to our understanding of the strategies followed by different open source platform owners (the open source project initiators) to manage external innovation in the case of platform extensions in two areas: i) governance models and ii) regulatory tools. PB - Talent First Network CY - Ottawa VL - 3 UR - http://timreview.ca/article/647 IS - 1 U1 - Coral CEA Nadia Noori holds an MASc degree in Technology Innovation Management from Carleton University in Ottawa, Canada. Her research interests includes open source platforms, governance models and collaboration frameworks, and product architecture and design. She works currently as a Production and Platforms Manager at Coral CEA, a not-for-profit organization based in Ottawa. U2 - Carleton University Michael Weiss holds a faculty appointment in the Department of Systems and Computer Engineering at Carleton University, and is a member of the Technology Innovation Management program. His research interests include open source ecosystems, mashups/Web 2.0, business process modeling, social network analysis, and product architecture and design. Michael has published on the evolution of open source communities, licensing of open services, and the innovation in the mashup ecosystem. ER - TY - JOUR T1 - Keystone Business Models for Network Security Processors JF - Technology Innovation Management Review Y1 - 2013 A1 - Arthur Low A1 - Steven Muegge KW - business ecosystems KW - business model innovation KW - commercialization KW - cybersecurity KW - platforms KW - semiconductors KW - technology entrepreneurship AB - Network security processors are critical components of high-performance systems built for cybersecurity. Development of a network security processor requires multi-domain experience in semiconductors and complex software security applications, and multiple iterations of both software and hardware implementations. Limited by the business models in use today, such an arduous task can be undertaken only by large incumbent companies and government organizations. Neither the “fabless semiconductor” models nor the silicon intellectual-property licensing (“IP-licensing”) models allow small technology companies to successfully compete. This article describes an alternative approach that produces an ongoing stream of novel network security processors for niche markets through continuous innovation by both large and small companies. This approach, referred to here as the "business ecosystem model for network security processors", includes a flexible and reconfigurable technology platform, a “keystone” business model for the company that maintains the platform architecture, and an extended ecosystem of companies that both contribute and share in the value created by innovation. New opportunities for business model innovation by participating companies are made possible by the ecosystem model. This ecosystem model builds on: i) the lessons learned from the experience of the first author as a senior integrated circuit architect for providers of public-key cryptography solutions and as the owner of a semiconductor startup, and ii) the latest scholarly research on technology entrepreneurship, business models, platforms, and business ecosystems. This article will be of interest to all technology entrepreneurs, but it will be of particular interest to owners of small companies that provide security solutions and to specialized security professionals seeking to launch their own companies. PB - Talent First Network CY - Ottawa VL - 3 UR - http://timreview.ca/article/703 IS - 7 U1 - Crack Semiconductor Arthur Low is the founder and Chief Executive Officer of Crack Semiconductor, a supplier of high-performance cryptographic silicon IP used in some of the most demanding security applications. Arthur has a number of patents in the field of hardware cryptography. He has worked for a number of IC startups as a Senior IC designer and Architect and gained much of his fundamental IC design experience with Bell-Northern Research in the early 1990s and with IBM Microelectronics in the late 1990s. Arthur has a BSc degree in Electrical Engineering from the University of Alberta in Edmonton, Canada, and is completing his MSc degree in Technology Innovation Management in the Department of Systems and Computer Engineering at Carleton University in Ottawa, Canada. U2 - Carleton University Steven Muegge is an Assistant Professor at the Sprott School of Business at Carleton University in Ottawa, Canada, where he teaches within the Technology Innovation Management (TIM) program. His research interests include open and distributed innovation, technology entrepreneurship, product development, and commercialization of technological innovation. ER - TY - JOUR T1 - TIM Lecture Series – Using Risk to Drive a Security Service JF - Technology Innovation Management Review Y1 - 2013 A1 - Paul Card KW - cybersecurity KW - platforms KW - risk management KW - security KW - services KW - strategy KW - uncertainty PB - Talent First Network CY - Ottawa VL - 3 UR - http://timreview.ca/article/696 IS - 6 U1 - Seccuris Paul Card is Director of R&D at Seccuris. He has more than 10 years of experience working with domestic and international companies to advance technology, research, and development strategies. Prior to joining Seccuris, Paul was a Research Scientist at TR Labs, where he was responsible for the security research portfolio. He has worked with over 20 different ICT companies in research and development activities. Paul holds a PhD and MSc in Electrical and Computer Engineering from the University of Manitoba in Winnipeg, Canada. Paul is an Adjunct Professor of the University of Manitoba, and he is a member of the IEEE and the ACM. ER -