How Innovation Ecosystems Change Business

If you are innovating, working with start-ups or are generally open minded regarding the evolution of business practices, I am sure you’re familiar with the idea of ‘ecosystems’. Sooner or later digitalization transforms every industry as well as its customer expectations; and ecosystems can be a great strategy to face that change and make the most of it. In this episode of the Sparkr Podcast it was my pleasure to talk to Dr. Bernhard Lingens from the Institute of Technology Management and the Helvetia Innovation Lab at University St. Gallen in Switzerland – a leading business and management school. Bernhard and his team are conducting research as well as industry collaborations in the context of business model innovations in ecosystems. We talked about the strengths, benefits and risks of ecosystems, why they matter, how organizations can tap into the potential of ecosystems to increase revenue, enter new markets and more. If you want to build an ecosystem yourself, check out Sparkr's ecosystem services here: http://sparkr.ch/ecosystems_en/ Learn more about Bernhard and the Helvetia Innovation Lab here: https://item.unisg.ch/en/divisions/innovation-mgmt/research/helvetia-innovation-lab And if you wish to listen to more episodes of the Sparkr Podcast check out: http://sparkr.ch/podcast/