This paper focuses on how information and technology drive digital business innovation in business ecosystems where multiple co-contributors work together to innovate new business models. Specifically, we develop a framework based on two novel concepts — (1) digital business innovation (DBI)...

In this paper, we examine how stock market valuations and investor expectations shape the response of incumbent firms to technological innovation. We situate our study in the context of the significant and pervasive shift across diverse industries towards digitally biased innovations, and seek...

Businesses understand the power of digital innovations to reshape industries and markets. Yet, time and again, they have struggled to innovate with new and disruptive technologies. Research by Clayton Christensen and others demonstrate that an incumbent's failure has little to do with the...

Blurring industry boundaries and reorganization of conventional linear value chain led to new configurations that have come to be known as digital ecosystems. This chapter discusses how firms compete in a rapidly digitizing ecosystem environment. First, this chapter examines the architecture,...

Over the last three decades, the prevailing view of information technology strategy has been that it is a functional-level strategy that must be aligned with the firm’s chosen business strategy. Even within this so called alignment view, business strategy directed IT strategy. During the last...