Broad business networks
Independent networked organizations
Temporary networks of innovation
Global networks of partners…
… Whatever you prefer to call them, innovation ecosystems are a core element in the growth of any organization. The reason is simple: having a diverse “entourage” of past, present, and future open innovation partners with whom to share risks and ideologies as well as reduce new product or service development costs represents the perfect context for value networks to emerge and for entrepreneurship to flourish. Companies and consortia to the likes of Salesforce (client relationship management systems), IMEC (Nano electronics), Korean Air (air travel) or P.R.O.F. (healthcare) are prime examples of how ecosystems can and should be used to create value no single organization can create on its own.