Business Ecosystem Nurturing Process

Abstract

The five-phase business ecosystem life cycle (BELC) has been developed as well as the ecosystems’ construct and configuration patterns along the life cycle. This chapter especially addresses the question of how firms nurture business ecosystems under the life-cycle stages: how they deal with the business ecosystems’ constructive elements and develop different configuration patterns. What are the key constructive elements out of those eight elements during the nurturing process?