WHY PARTICIPATE IN AN ECOSYSTEM? JUDY LUBIN, PHD FOR THE CHICAGO - - PowerPoint PPT Presentation

WHY PARTICIPATE IN AN ECOSYSTEM?

JUDY LUBIN, PHD FOR THE CHICAGO STEM PATHWAYS COOPERATIVE SEPTEMBER 26, 2016

• Complex Adaptive Systems or

CAS

• Agglomeration Economies
• Network Industries

Ecosystems are also known as

• Silicon Valley
• Boston/Route 128
• Research Triangle (Raleigh-

Durham-Chapel Hill, N.C)

Approach has been around for a long time

Ecosystems and their

• rganizations

are more:

Sustainable Innovative Resilient to risk and to adverse events Successful!

ECOSYSTEMS ARE INHERENTLY SUSTAINABLE

Gas Station 2 Serves customers travelling North Gas Station 1 Serves customers travelling South

Soft Competition

Gas stations appear competitive because they are next to each other But, they do not serve the same customers!

Why more successful?

Cooperation, even among competitors 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 principles

• f

successful ecosystems

Ecosystems are self-organizing Soft competition Cooperation where it counts: The system as a whole encourages

• rganizations to cooperate around

critical resources

Cooperation where it counts

In tech and bio-tech, critical resource is innovation-ready knowledge, i.e. trade secrets In education, critical resource is knowledge More important may be verification

• f learning, i.e. “transfer” of classes

across education providers

What does this mean for you?

Ecosystems allow us to innovate and to take risks that we cannot take by ourselves 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