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Why platforms and ecosystems matter for innovators

Jeffrey Phillips

I thought it would be interesting to take a step back and place the discussion of ecosystems and innovation in context by examining the history of innovation, to demonstrate why ecosystems and platforms become important as a market or industry matures, and why innovators must engage ecosystems and platforms as they compete in a market.

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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

Incremental innovation : Even in highly mature industries, such as automotive, experimentation gains ever more importance. While stage-gate processes have traditionally been favored in predictable environments, a new generation of product innovation process is taking hold due to increased pressure: lean innovation.