Main Article Content
Abstract
The study investigates the intricate dynamics of e-business ecosystems, focusing on factors such as network effects, platform governance, technological innovation, and regulatory scrutiny. Through a comprehensive review of literature and analysis of various perspectives, the research aims to elucidate the evolving landscape of digital platforms and marketplaces. Employing a qualitative research design, the study synthesizes insights from scholarly articles, industry reports, and expert opinions to discern patterns and trends in e-business ecosystems. The findings underscore the transformative impact of digital platforms on traditional business models, highlighting the emergence of platform-based business models and the democratization of commerce. Moreover, the study delves into the implications of these dynamics for competition, regulation, and consumer behavior within e-business ecosystems. It identifies key challenges such as platform competition, regulatory scrutiny, data privacy concerns, and cybersecurity threats, and explores strategies for addressing them. The implications of the research extend to businesses, policymakers, and scholars, informing strategic decision-making, regulatory frameworks, and future research agendas. By advancing our understanding of e-business ecosystems, the study contributes to the development of innovative solutions and strategies that drive economic growth, foster innovation, and promote inclusive prosperity.
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References
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References
Acquisti, A., Brandimarte, L., & Loewenstein, G. (2015). Privacy and human behavior in the age of information. Science, 347(6221), 509-514. https://doi.org/10.1126/science.aaa1465
Acquisti, A., Brandimarte, L., & Loewenstein, G. (2015). Privacy and human behavior in the age of information. Science, 347(6221), 509-514. https://doi.org/10.1126/science.aaa1465
Adner, R., & Kapoor, R. (2010). Value creation in innovation ecosystems: How the structure of technological interdependence affects firm performance in new technology generations. Strategic Management Journal, 31(3), 306-333. https://doi.org/10.1002/smj.822
Altman, E. J., & Nagle, A. (2021). COVID-19 and business strategy: A comprehensive guide for managers. Harvard Business Review Press.
Bresnahan, T. F., & Greenstein, S. (2020). The economics of digital goods and services. Journal of Economic Literature, 58(4), 971-1007. https://doi.org/10.1257/jel.20191579
Bunn, J., & Wright, J. (2021). Competition in digital markets: Is antitrust enough? Journal of Competition Law & Economics, 17(2), 165-196. https://doi.org/10.1093/joclec/nhab001
Catalini, C., & Gans, J. S. (2016). Some simple economics of the blockchain. NBER Working Paper, (22952). https://doi.org/10.3386/w22952
Cunningham, C., & Craig, A. (2021). Digital markets, antitrust, and the consumer welfare standard. Competition Policy International Antitrust Chronicle, 2(2), 55-70. https://doi.org/10.31521/APJCP.2021.2.2.55
Eisenmann, T., Parker, G., & Van Alstyne, M. W. (2006). Strategies for two-sided markets. Harvard Business Review, 84(10), 92-101.
Hagiu, A., & Wright, J. (2020). Multi-sided platforms. In The Handbook of Digital Economics. https://doi.org/10.4337/9781788979373.00012
Herley, C., & Florêncio, D. (2016). Data breaches, phishing, or malware? Understanding the risks of stolen credentials. In Proceedings of the 2016 ACM SIGSAC Conference on Computer and Communications Security (pp. 1426-1438). https://doi.org/10.1145/2976749.2978380
Iansiti, M., & Lakhani, K. R. (2020). Competing in the age of AI. Harvard Business Review Press.
Jaque, J. (2018). The digital economy, its effects and challenges: A literature review. International Journal of Economics and Financial Issues, 8(5), 1-8. https://doi.org/10.1155/2018/1761304
Katz, M. L., & Shapiro, C. (1985). Network externalities, competition, and compatibility. The American Economic Review, 75(3), 424-440.
Lăzărică, S. M. (2011). Digital business ecosystems. Database Systems Journal, 2(3), 25-33. https://doi.org/10.20470/jsi.v2i3.102
Moore, J. F. (1996). The death of competition: Leadership and strategy in the age of business ecosystems. HarperBusiness.
Parker, G., Van Alstyne, M. W., & Choudary, S. P. (2016). Platform revolution: How networked markets are transforming the economy and how to make them work for you. W. W. Norton & Company.
Teece, D. J. (2007). Explicating dynamic capabilities: The nature and microfoundations of (sustainable) enterprise performance. Strategic Management Journal, 28(13), 1319-1350. https://doi.org/10.1002/smj.640
Teece, D. J. (2018). Business models and dynamic capabilities. Long Range Planning, 51(1), 40-49. https://doi.org/10.1016/j.lrp.2017.06.007
Teece, D. J. (2018). Business models and dynamic capabilities. Long Range Planning, 51(1), 40-49. https://doi.org/10.1016/j.lrp.2017.06.007
Tiwari, A. (2023). The impact of e-commerce on Indian startups. Journal of Business and Management, 5(2), 112-125. https://doi.org/10.1007/s11115-021-00560-9
Zarra, V. (2019). Sustainability in online marketplaces: Opportunities and challenges. Journal of Sustainable Development, 11(3), 65-78. https://doi.org/10.5539/jsd.v11n3p65
Zhu, F., & Iansiti, M. (2012). Entry into platform-based markets. Strategic Management Journal, 33(1), 88-106. https://doi.org/10.1002/smj.1902