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2021 | OriginalPaper | Chapter

50. Creation of Value in Ecosystems—A Perspective from Design Innovation

Author : Nikhil Ravindranath Zope

Published in: Design for Tomorrow—Volume 2

Publisher: Springer Singapore

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Abstract

With design becoming more and more explicitly recognized and used as part of the innovation in businesses, design innovation as a discipline is also maturing. Design innovation is helping recognizing value creation explicitly in all stages of innovation. Innovation itself is moving from offering innovation to experience innovation and from a single business firm driven to ecosystems driven. In this paper, we review literature from design innovation discipline and business ecosystems discipline. From the literature review, we establish that design innovation needs to go beyond offering innovation and address value creation within multiple firms from the ecosystem perspective. We also discuss business models of ecosystem participants and their influence on each other as first step in this research direction.

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Metadata
Title
Creation of Value in Ecosystems—A Perspective from Design Innovation
Author
Nikhil Ravindranath Zope
Copyright Year
2021
Publisher
Springer Singapore
Book
Design for Tomorrow—Volume 2

Print ISBN: 978-981-16-0118-7

Electronic ISBN: 978-981-16-0119-4

Copyright Year: 2021

DOI
https://doi.org/10.1007/978-981-16-0119-4_50

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