Based on the observation of best practice and detailed case studies we observe thatcompanies have started to organise themselves in loosely coupled networks, similar to themediaeval ‘commons’, and which we call ecosystems. These are far less structured than jointventures, but have at the...

For firms at the center of platform-based ecosystems, Teece (2017a) argues that dynamic capabilities can enable the firms to create and capture value by building ecosystems and designing appropriate business models. In line with the original Profiting From Innovation (PFI) framework, Teece...

Multi-platform ecosystems (MPEs) are comprised of multiple platforms integrated to create and capture value together. The collective value creation and capture within MPEs gives rise to coopetion, which impacts the business model configurations for both incumbents and entrants that provide...

Network airlines have increasingly focused their operations on hub airports through the exploitation of connecting traffic. This has allowed them to take advantage of economies of traffic density, the existence of which is beyond dispute in the airline industry. Less attention has been devoted...