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Should Your Company Build an Open or Closed Ecosystem?

Authors :
Cennamo, Carmelo
Feng Zhu
Source :
Harvard Business Review Digital Articles; 7/23/2024, p1-10, 10p
Publication Year :
2024

Abstract

The article outlines principles that companies need to follow when deciding whether to purse an open or closed ecosystem, that include benefits and costs through centralized governance, strategic differentiation through different openness levels, and tradeoffs.

Subjects

Subjects :
LANGUAGE models
ONLINE marketplaces
ECOSYSTEMS
STABLE Diffusion

Details

Language :
English
Database :
Complementary Index
Journal :
Harvard Business Review Digital Articles
Publication Type :
Periodical
Accession number :
179403771

Tools

Authors Abstract Subjects Details