WHY PARTICIPATE IN AN ECOSYSTEM? JUDY LUBIN, PHD FOR THE CHICAGO STEM PATHWAYS COOPERATIVE SEPTEMBER 26, 2016
Ecosystems • Complex Adaptive Systems or CAS are also • Agglomeration Economies known as • Network Industries Approach • Silicon Valley has been • Boston/Route 128 around for • Research Triangle (Raleigh- Durham-Chapel Hill, N.C) a long time
Ecosystems Sustainable and their organizations are more: Innovative Resilient to risk and to adverse events Successful!
ECOSYSTEMS ARE INHERENTLY SUSTAINABLE
Soft Competition Gas stations appear competitive because they are next to each other But, they do not serve the same customers! Gas Station 1 Serves customers travelling South Gas Station 2 Serves customers travelling North
Why Cooperation, even among more competitors successful? Participants are working together even though each participant is acting freely in their own interest Drive towards excellence remains, but it’s a cooperative pull instead of a competitive push
Organizing Ecosystems are self-organizing principles of successful ecosystems Soft competition Cooperation where it counts: The system as a whole encourages organizations to cooperate around critical resources
Cooperation In tech and bio-tech, critical where it resource is innovation-ready counts knowledge, i.e. trade secrets In education, critical resource is knowledge More important may be verification of learning, i.e. “transfer” of classes across education providers
What Ecosystems allow us to does this innovate and to take risks that mean for we cannot take by ourselves you? We will all be more successful if the ecosystem is successful The ecosystem will be more successful if we all work towards the ecosystem mission
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