How India can be essential to the global ecosystem economy

Abstract

Purpose Outlines why India is poised to be a key partner in the global ecosystem economy Design/methodology/approach Researches the advantage India has and the steps it is taking to make itself a leaders in ecosystem businesses. Findings 54 percent of Indian executives expect ecosystems to replace traditional value chains with new value models. and 92 percent expect to change primary organizational activities due to the emergence of ecosystems. Practical implications To maximize and capture benefits from ecosystems, business, educational and government leaders can pursue three key steps to participate in rapidly emerging Indian business ecosystems. Originality/value This study puts together both the corporate and governmental actions that promote the right conditions for ecosystem entrepreneurship so that potential partners have a unique view of the opportunities to participate in this rapidly changing economy.