Meeting the Grand Challenges of the Enterprise Interoperability Research Roadmap - A Business Perspective

Enterprise collaboration is increasingly a premise of business in a globalised and interconnected world, where small pieces are loosely joint. Web 2.0 developments have considerable implications for the business-economic analysis of Enterprise Interoperability. The value proposition of Web 2.0 companies flows from their business characteristics. Specifically, Web 2.0 offers a new interpretation of value creation: ecosystem as a value system and innovation as a basic logic of a business through collaboration. Building on this analysis, we submit that innovation and efficiency are the two most important features for business model design for Enterprise Interoperability. The process of innovation of enterprises should model on Open Innovation. Cutting edge research is needed to establish a rigorous economic foundation for Enterprise Interoperability, and whether there is a need for a new theory of Innovation for interoperability. Meeting the Grand Challenges of the Enterprise Interoperability Research Roadmap requires a new equation of value distribution and propagation that does not take industry structure as a given