Interaction of Open Innovation and Business Ecosystem

Abstract

Open innovation breaks the original innovation border of organization and emphasizes the use of suppliers, customers, partners, and other internal and external innovative thinking and resources. How to effectively implement and manage open innovation has become a new business problem. Business ecosystem is the network system of value creation and co-evolution achieved by suppliers, users, partner, and other groups with self-organization mode. This study began with the risk analysis of open innovation implementation; then innovation process was embedded into business ecosystem structure; open innovation mode based on business ecosystem was proposed; business ecosystem based on open innovation was built according to influence degree of each innovative object. Study finds that both sides have a mutual promotion relationship, which provides a new analysis perspective for open innovation and business ecosystem; at the same time, it is also conducive to guiding the concrete practice of implementing open innovation.