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Towards an understanding of entrepreneurial alertness in the formation of platform ecosystems
Umeå University, Faculty of Social Sciences, Department of Informatics.
Umeå University, Faculty of Social Sciences, Department of Informatics.
Hanken School of Economics, Helsinki, Finland.
2014 (English)In: 22nd European Conference on Information Systems (ECIS), Tel Aviv, June 9-11,  2014, 2014Conference paper, Published paper (Refereed)
Abstract [en]

In platform ecosystems, the platform provider seeks to derive increasing returns over time as the ecosystem of backing actors grows more numerous. While a growing body of research has addressed the ecosystem strategies of large enterprises, less attention has been paid to small firms in the role of platform providers. As small firms do not possess the resources of large enterprises, they are not in a position to ignore the importance of immediate returns needed for the viability of the firm. In a case study, we study the entrepreneurial alertness of a small technology-based firm in promoting a platform for machine-to-machine communication. Our results suggest that balancing increasing and immediate returns requires a variety of entrepreneurial activities that encompasses strategic foresight and systemic insight on one hand, and explorative and exploitative actions on the other. This paper contributes to our understanding of platform ecosystems by addressing the strategies of a small firm as an emerging platform provider.

Place, publisher, year, edition, pages
2014.
Keyword [en]
Platform ecosystems, entrepreneurial alertness, small and medium sized enterprises, case study
National Category
Information Systems, Social aspects
Identifiers
URN: urn:nbn:se:umu:diva-89880OAI: oai:DiVA.org:umu-89880DiVA: diva2:724809
Conference
European Conference on Information Systems
Available from: 2014-06-13 Created: 2014-06-13 Last updated: 2014-06-16Bibliographically approved

Open Access in DiVA

EA(459 kB)