How India can be essential to the global ecosystem economy
Abstract
Purpose
Outlines why India is poised to be a key partner in the global ecosystem economy
Design/methodology/approach
Researches the advantage India has and the steps it is taking to make itself a leaders in ecosystem businesses.
Findings
54 percent of Indian executives expect ecosystems to replace traditional value chains with new value models. and 92 percent expect to change primary organizational activities due to the emergence of ecosystems.
Practical implications
To maximize and capture benefits from ecosystems, business, educational and government leaders can pursue three key steps to participate in rapidly emerging Indian business ecosystems.
Originality/value
This study puts together both the corporate and governmental actions that promote the right conditions for ecosystem entrepreneurship so that potential partners have a unique view of the opportunities to participate in this rapidly changing economy.
Keywords
Acknowledgements
The authors would like to thank these contributors: Rajrohit Teer – Strategy Consultant, Vasantha V. Kumar – Director, Marketing and Communications, IBM India/South Asia, Anindita D. Veluri – Executive Assistant to Regional General Manager, IBM India South Asia.
Citation
Agrawal, N., Banda, M., Marshall, A., Mehrotra, N. and Patrao, C. (2017), "How India can be essential to the global ecosystem economy", Strategy & Leadership, Vol. 45 No. 4, pp. 33-39. https://doi.org/10.1108/SL-05-2017-0046
Publisher
:Emerald Publishing Limited
Copyright © 2017, Emerald Publishing Limited