Risk Management of External Resources in Digital Ecosystems

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dc.contributor.author Koskinen, Kari
dc.contributor.author Hyrynsalmi, Sonja
dc.contributor.author Rossi, Matti
dc.contributor.author Smolander, Kari
dc.date.accessioned 2023-12-26T18:49:43Z
dc.date.available 2023-12-26T18:49:43Z
dc.date.issued 2024-01-03
dc.identifier.isbn 978-0-9981331-7-1
dc.identifier.other 964ae162-2397-49fb-99c4-5d5b59bd628c
dc.identifier.uri https://hdl.handle.net/10125/107147
dc.language.iso eng
dc.relation.ispartof Proceedings of the 57th Hawaii International Conference on System Sciences
dc.rights Attribution-NonCommercial-NoDerivatives 4.0 International
dc.rights.uri https://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subject Dynamics and Impacts of Platforms and Ecosystems
dc.subject digital ecosystems
dc.subject external resources
dc.subject non-focal actors
dc.subject risk
dc.subject risk management
dc.title Risk Management of External Resources in Digital Ecosystems
dc.type Conference Paper
dc.type.dcmi Text
dcterms.abstract Participation in digital ecosystems entails the use of externally provided resources such as data, computing capabilities and digital functionalities. Though in many ways useful, these also create dependencies between organizations and pose them to risks that they have little direct control. The question that emerges is how to manage these type of ecosystem risks, which evolve from the digital dependencies created by the digital interconnections between ecosystem actors. By interviewing relevant personnel from companies participating to digital ecosystems and thus utilizing externally provided digital resources, the research evaluates to what extent existing risk management approaches can be utilized to address ecosystem risks. The research finds that risk management in ecosystems rests more upon rationalization than concrete actions to address risks. It further suggests more collective responses to managing ecosystem risks and, among others, highlights the use of alliances of ecosystem resource-takers to counter ecosystem risks.
dcterms.extent 10 pages
prism.startingpage 6350
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Dynamics and Impacts of Platforms and Ecosystems