With the rise of the services economy and information technology fundamentally new forces are at play in the global economy and this is giving birth to a new form of business organization called the platform business that is adapted to this age of connectivity.
A central question facing any economic system is how to harness all of the resources available within the society towards productive ends and then distribute the returns in an equitable fashion. Within just the past couple of years, the topic of
In this paper, we look at the nature of this new form of services economy, how vertically integrated, service providers now tend to engage in networked value creation in ecosystem-like environments - what can be called service value networks (SVNs) and how this development requires new cooperation forms in loosely-coupled structures of autonomous organizations.
As a revolution in information technology unfolds at an extraordinary speed, science fiction appears to be becoming science fact. Within just a couple of short decades, we have gone from the PC to the internet and mobile computing, to cloud computing, to today where we stand on the brink of a new
Services are a whole new paradigm in how we think about, design, and develop technologies in the age of information. At its heart, this technology paradigm shift enabled by information technology is a move from the discrete one of products of the
Inclusivity is an inherent part of achieving sustainability. To be sustainable a system has to be open to and harness all of the resources available to it. To effectively manage a complex system requires harnessing the distributed capabilities of its members.