Eco-Systemic Business-Models of Inter-Organizational Interaction: Mechanisms of Coordination and Joint Value Creation

Abstract

The article analyzes transformation of business-models in inter-organizational interaction in conditions of ecosystem shaping as a specific form of economic activity organization. It was shown that in contrast to hierarchical, chain and cluster models ecosystems are characterized by multilevel architecture of interactions, co-evolution of participants and orientation towards joint value creation. The goal of the research is to identify key mechanisms of coordination and business-model types that are formed in the eco- systemic environment and to substantiate their managerial consequences. Methodological basis of the research is formed by systemic and institutional approaches, provisions of strategic management and comparative analysis of theoretical interpretations of inter-organizational interactions. The research found that eco-systemic business-models stipulate redistribution of participant roles, erosion of organizational borders and transition from linear logics of value creation to the model of collective value proposal. It was grounded that coordination in ecosystem is carried out mainly through architectural and institutional mechanisms –rules of participation, standards of interaction and tools of interest agreement but not through direct administrative management. The obtained results provide an opportunity to specify the content of eco-systemic business-model notion and widen theoretical ideas about current forms of inter-organizational interaction. Practical importance of the research is connected with a chance to use the present conclusions in the development of managerial mechanisms and assessment of eco-systemic structure efficiency, including the field of higher education.