Novel Approaches to Handle Disruptions in Business Ecosystems

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

6 Citations (Scopus)

Abstract

Today's business world is continuously challenged by unexpected disruptive events, which are increasing in their frequency and effects. As a consequence, it is plausible to foresee future scenarios in which turbulence and instability are no longer considered as episodic crises, but rather somewhat the norm or the default status. This trend naturally raises the question of how organizations can strive and even gain in such disruptive environments, and which characteristics are required for combating disruptions. Resilience and antifragility are two emerging approaches to handle disruptions. Through a literature review, this paper identifies several strategies that contribute to business ecosystem’s resilience or antifragility. Furthermore, it is also shown that contributions from a number of disciplinary areas, including Collaborative Networks, Systems Thinking, Thermodynamics, Management science, and ICT, can provide complementary views and support. A set of promising examples of applications of the discussed approaches are presented and briefly analyzed. Finally, a number of open questions and directions for further research are presented.

Original languageEnglish
Title of host publicationTechnological Innovation for Industry and Service Systems - 10th IFIP WG 5.5/SOCOLNET Advanced Doctoral Conference on Computing, Electrical and Industrial Systems, DoCEIS 2019, Proceedings
EditorsLuis M. Camarinha-Matos, Ricardo Almeida, José Oliveira
Place of PublicationCham
PublisherSpringer Nature
Pages43-57
Number of pages15
ISBN (Electronic)978-3-030-17771-3
ISBN (Print)978-3-030-17770-6
DOIs
Publication statusPublished - May 2019
Event10th IFIP WG 5.5/SOCOLNET Advanced Doctoral Conference on Computing, Electrical and Industrial Systems, DoCEIS 2019 - Costa de Caparica, Portugal
Duration: 8 May 201910 May 2019

Publication series

NameIFIP Advances in Information and Communication Technology
PublisherSpringer Nature
Volume553
ISSN (Print)1868-4238

Conference

Conference10th IFIP WG 5.5/SOCOLNET Advanced Doctoral Conference on Computing, Electrical and Industrial Systems, DoCEIS 2019
CountryPortugal
CityCosta de Caparica
Period8/05/1910/05/19

Keywords

  • Antifragility
  • Business ecosystems
  • Cyber physical systems
  • Disruptions
  • Resilience

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