Title: Value creation and capture mechanisms in innovation ecosystems: a comparative case study

Authors: Paavo Ritala; Vassilis Agouridas; Dimitris Assimakopoulos; Otto Gies

Addresses: School of Business, Lappeenranta University of Technology, P.O. Box 20, FI-53851 Lappeenranta, Finland ' Grenoble Ecole de Management, LINC Lab, 12 rue Pierre Semard, BP 127, Grenoble 38003, France ' Grenoble Ecole de Management, LINC Lab, 12 rue Pierre Semard, BP 127, Grenoble 38003, France ' EADS Chief Technical Office, EADS Deutschland GmbH, 81663, Munich, Germany

Abstract: This study focuses on value creation and capture in innovation ecosystems. It presents and discusses the findings from a qualitative, comparative case study on two European-led innovation ecosystems from the ICT and aerospace and defence sectors. The purpose of the research is to explore the tangible and intangible mechanisms related to how leading firms may facilitate value creation and capture in this context. In particular, we focus on mechanisms related to the building phase to help attract and gather relevant stakeholders, and on the management phase to help maintain and realise the business goals of all ecosystem participants. We also discuss the differences between the case industries concerning the effectiveness and usage of such mechanisms. Overall, the research findings provide new evidence on the facilitating initiatives, underlying mechanisms and structures that are related to the leading firms' orchestration of innovation ecosystems.

Keywords: innovation ecosystems; value creation; value capture; ICT industry; aerospace and defence sector; case study; information and communications technology; information technology; business goals; stakeholders.

DOI: 10.1504/IJTM.2013.056900

International Journal of Technology Management, 2013 Vol.63 No.3/4, pp.244 - 267

Available online: 25 Sep 2013 *

Full-text access for editors Access for subscribers Purchase this article Comment on this article