Ecosystem Economics is the framework which underpins entrepreneurcountry Global and Ariadne Capital’s investment business. At a high level, the companies who organise the business model for their ecosystem win big.
Because of the network-orientation of business and life today, nothing in business is linear anymore. There is a multi-stakeholder network at the core of every business model. No matter what industry you are in, you are participating in a transaction, not merely buying or selling to another entity.
The individual’s data – whether financial services, health, mobile telecoms – are powering many of the services today. The individual should have an economic upside for the use of their data.
The companies which are reshaping their industries are leveraging consumer data in order to provide better services, and organising the economics for each party in the core transaction of their industry.
These articles explain Ecosystem Economics in detail as well as Chapter 4 of Welcome to entrepreneurcountry:
Monitise plc (LSE: MONI.L) is the global trusted enabler in Mobile Money solutions, with proven technology and expertise to enable financial institutions and other service providers to offer a wide range of mobile banking, payments and commerce services to their customers in developed, emerging and hybrid territories.Read more
As part of our Start-Up of the Week series, entrepreneurcountry spoke to Finnish-based company Scoopshot. With a game changing concept, innovative technology and world class business strategy, Scoopshot was founded in April 2010 and provides a photo crowdsourcing service that connects mobile and professional photographers with individuals, international media companies and brands around the world.Read more